ST. LOUIS COUNTY (KMOV) -- Maryland Heights and Pattonville school districts scored a victory over Harrah's Casino this week when a county board rejected the casino's appeal to lower its tax liability.
The St. Louis County Board of Equalization issued its rejection of the casino's appeal on Wednesday night.
St. Louis County Property Assessor Jake Zimmerman values the casino's property at $439 million. In 2010, the casino's value was reduced by $288 million, reducing its tax liability.
But recently, Harrah's sold its complex for more than $610 million. Zimmerman said the casino's county taxes should never have been lowered.
Representatives from Harrah's counter that taxes cannot be based on the sale price.