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2012 Tax Impact NOTICE DR -529 R. 12/09 TAX IMPACT OF VALUE ADJUSTMENT BOARD Florida Adm nistratDe Code Monroe County Tax Year (2I 01 112 Members of the Board Honorable Mayor George Neugent Board of County Commissioners, District No. 2 Honorable Commissioner David Rice Board of County Commissioners, District No. 4 Honorable John Dick (School Board member) School Board, District No. 4 Citizen Member Nancy Mayhew Business owner within the school district Citizen Member John Repetto Homestead property owner The Value Adjustment Board (VAB) meets each year to hear petitions and make decisions relating to property tax assessments, exemptions, classifications, and tax deferrals. Summary of Year's Actions Number of Parcels Reduction in Shift in I Type of Property Exemptions Assessments* Both County Taxable Value Taxes Granted Requested Reduced Requested Withdrawn Due to Board Actions Due to Board Actions or settled Residential 24 170 194 $ $ Commercial 119 119 $ $ Industrial and miscellaneous 14 14 $ $ Agricultural or E classified use $ $ High -water recharge $ $ ' Historic commercial or nonprofit 6 6 $ $ Business machinery 32 32 $ $ and equipment Vacant Tots and 25 25 $ $ acreage TOTALS 30 360 390 $ $ All values should be county taxable values. School and other taxing authority values may differ. *Include transfer of assessment difference (portability) requests. If you have a question about these actions, contact the Chair or the Clerk of the Value Adjustment Board. Chair's name Commissioner David Rice Phone 305- 289 -6000 ext. Clerk's name Amy Heavilin Phone 305 - 295 -3130 ext.