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CiEPI RThTNT <br />OF REVENUE <br />TAX IMPACT OF VALUE ADJUSTMENT BOARD <br />Indian River <br />County Tax Year [iLo i <br />Agenda Item No. 7.A. <br />DR -52"3 <br />R. 12109 <br />FR;J`e 12,D-16. W2 <br />Florida Admhistral re CNA---, <br />Members of the Board <br />Honorable Susan Adams <br />Board of County Commissioners, District No. 1 <br />Honorable Bob Solari <br />Board of County Commissioners, District. No. 5 <br />Honorable Charles Searcy <br />School Board, District leo. 4 <br />Ci�uzen Member Todd Heckman <br />Business oviner vAthin the school district <br />Citizen Member Duane Weise <br />Homestead property owner <br />The Value Adjustment Board (VAB) meets each year to hear petitions and make decisions relating <br />to property tax assessments, exemptions, classifications, and tax deferrals. <br />Summary of bear's Actions <br />Chad's name Susan Adams, Chairman <br />Number of Parcels <br />:eduction in <br />Shiftin <br />Type of Property <br />Exemptions <br />Assessments* <br />Both <br />County Taxable Value <br />Taxes <br />Due to Board Actions <br />Due to Board actions <br />i;rer:ted <br />Requested <br />Reduced <br />Requested <br />Wft -drawn <br />or Csetbed <br />Residential <br />0 <br />2 <br />5 <br />53 <br />34 <br />1,255,467 <br />22,429 <br />Commercial <br />0 <br />0 <br />0 <br />is <br />11 <br />s 0 <br />$ 0 <br />Industrial and <br />miscellaneous <br />0 <br />0 <br />0 <br />1 <br />0 <br />S 0 <br />Agricultural or <br />classified use <br />0 <br />00 <br />0 <br />0 <br />5 p <br />0 <br />High-water recharge <br />0 <br />0 <br />0 <br />0 <br />os <br />0 <br />0 <br />Historic commercial <br />or nonprofit <br />0 <br />0 <br />0 <br />0 <br />0S <br />0 <br />0 <br />Business machinery <br />and equipment <br />0 <br />0 <br />0 <br />31 <br />30 <br />�� 0 <br />� 0 <br />Vacant lots and <br />acreage <br />00 <br />0 <br />32 <br />31 <br />S 0 <br />0 <br />TOTALS <br />0 <br />2 <br />5 <br />135 <br />107 <br />1,255,467 <br />22,429 <br />Ali values snould oe county table values. School and other taxing authority values may differ. <br />'Include transfer of assessment difference (portability) requests. <br />If you have aquestion abot.ah se actions,. Contact the Chair br ft --'Clerk of the Malate Ad usiment Board. <br />Chad's name Susan Adams, Chairman <br />Rhone 772-226-1442 <br />ext. <br />Clerk's name Jeffrey R. Smith <br />Phone 772-226-1432 <br />ext. <br />-14- <br />