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1997 Tax Impact D R-529 R. 12/92 NOTICE TAX IMPACT OF VALUE ADJUSTMENT BOARD COUNTY OF Monroe TAX YEAR 1997 MEMBERS OF THE BOARD Honorable Mary Kay Reich Honorable Wilhelmina Harvey Board of County Commissioners-District No. 5 Board of County Commissioners-District No. 1 Honorable ,lack London Honorable Andy Griffiths Board of County Commissioners-District No. 2 School Board - District No. 2 Honorable Pat Labrada School Board - District No. 3 The Value Adjustment Board meets each year to review complaints regarding property tax assessment and exemptions. The purpose of the board is to enhance fairness in property taxes by correcting errors when they are found to exist. THE FOLLOWING TABLE SUMMARIZES THIS YEAR'S ACTION BY THE BOARD Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Type Number of Total Number of Total Number Reduction Loss in of Exemption Number of Assessments of Requests in Taxable Tax Property Requests Exemption Reduced by for Value Due Dollars Granted by Requests The Board Assessment to Board the Board Redu ctions Action Residential 0 4 4 19 $153,274 $2,470.52 Commercial 0 0 3 65 S172,210 $3,038.11 Industrial and Miscellane- 0 0 0 0 0 0 ous Agricul- tural 0 0 0 0 0 0 Business Machinry and 0 0 0 4 0 0 Equipment Vacant Lots and Acreage 0 0 1 17 $ 36,660 $ 590.90 TOTALS 0 4 8 105 $362,144 $6,099.53 ALL TAXPAYERS SHOULD BE AWARE THAT BOARD ACTIONS WHICH REDUCE TAXABLE VALUE CAUSE TAX RATES APPLICABLE TO ALL PROPERTY TO BE PROPORTIONALLY HIGHER Questions concerning the actions taken by this Board may be addressed to the chairperson or clerk at the following telephone numbers: CHAIRPERSON &.C/1 ia„,,,,i y,E--, _ 7/ 7S C ((Name) (Phone) CLERK .---" (,30.5)p(7o2 - 3.5.54 (Name) (Phone)