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1989 Tax Impact /ys7 NOTICE TAX IMPACT OF PROPERTY APPRAISAL ADJUSTMENT BOARD MEMBERS OF THE BOARD Honorable Mayor John Stormont Honorable Wilhelmina Harvey Board of County Commissioners—District No. 5.-._ Board of County Commissioners—District No. I Honorable Douglas Jones Honorable Frank Courtney Board of County Commissioners—District No. School Board—District No. 2 Honorable Robert Padron School Board—District No. 1 The Property Appraisal 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 I 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 Reductions Action Residential 5 49 12 65 241,523 3,.41.65 Commercial 0 1 13 87 4,809,784 92,321.94 Industrial _ _and Miscellane- ous Agricul- _ 3 - - - tural Business - Machinery 2 11 59,307 924.43 and Equipment 2 52 250,500 4,877.49 Vacant Lots and Acreage TOTALS 5 53 29 215 5,361,114 101,765.51 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 chair- person or clerk at the following telephone numbers: CHAIRPERSON Wilhel rvey (Phone) .� _ 294-4641 CLERK Danny Kolha L. ame) (Phone)