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9. APPROVE THE PROPOSED REVISED SPECIAL MAGISTRATE CONTRACT A. Special Magistrate Revised Contract ON MOTION by Vice Chairman Solari, SECONDED by School Board Member Searcy, the Board unanimously approved the proposed revised Special Magistrate Contract. Terri Collins -Lister, VAB Clerk, informed the Board that in the proposed contract there were some minor word changes and added to Exhibit "A", Article 2: Fees in Section 2.1 was "a minimum of two (2) hours" which reads, "The BOARD shall pay the «Title» SPECIAL MAGISTRATE at the rate of orate » per hour for his/her services. SPECIAL MAGISTRATE shall be paid for a minimum of two (2) hours of his or her time for each day the SPECIAL MAGISTRATE is scheduled and reports for hearings ". 10. AUTHORIZE THE VALUE ADJUSTMENT BOARD CLERK TO SOLICIT FOR SPECIAL MAGISTRATES IN THE CAPACITY OF ATTORNEY, TANGIBLE AND APPRAISER FOR THE 2017 VAB HEARINGS. ON MOTION by Citizen Member Heckman, SECONDED by School Board Member Searcy, the Board unanimously authorized the Value Adjustment Board Clerk to solicit for Attorney and Appraiser Special Magistrates for the 2017 Tax Year Hearings. 11. PUBLIC COMMENT There was none. 12. OTHER BUSINESS VAB Clerk Terri Collins -Lister mentioned at the 2016 Organizational Meeting, the Board had asked if the VAB Clerk would provide a copy of the budget, as well as a breakdown of the VAB expenses by use categories. She handed out copies of the 2016/2017 VAB Budget and the 2015 VAB expenses by category. The Board reviewed and commented on the VAB Budget categories and inquired whether a column could be added to the VAB Budget Details of Operating Expenses to compare with the current year expenditures to previous year actual spent. Clerk of Circuit Court and Comptroller Jeffrey R. Smith, in response to the Board's questions, said the VAB Budget Details of Operating Expenses could be changed to show prior expenditures. Value Adjustment Board Page 7 2016 Tax Cycle Final Meeting