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03/25/2019VAB
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03/25/2019VAB
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NOTICE <br />TAX IMPACT OF VALUE ADJUSTMENT BOARD <br />Indian River County Tax Year <br />2 <br />0 <br />1 <br />8 <br />Agenda Item No. 7.A. <br />DR -529 <br />R. 12/09 <br />Rule 12D-16.002 <br />Florida Administrative Code <br />Members of the Board <br />Type of. Property <br />Honorable Joseph E. Flescher <br />Board of County Commissioners, District No. <br />2 <br />Honorable Tim Zorc <br />Board of County Commissioners, District No. <br />3 <br />Honorable Jacqueline Rosario <br />School Board, District No. 2 <br />Reduced <br />Citizen Member Todd Heckman <br />Business owner within the school district <br />Residential <br />Citizen Member James A. Kodiak <br />Homestead property owner <br />2 <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 Year's Actions <br />Type of. Property <br />Number of Parcels <br />Reduction in <br />County Taxable Value <br />Due to Board Actions <br />Shift in <br />Taxes <br />Due to Board Actions <br />Exemptions <br />Assessments* <br />Both <br />Granted <br />Requested <br />Reduced <br />Requested <br />Withdrawn <br />or settled <br />Residential <br />1 <br />12 <br />2 <br />57 <br />59 <br />$ 320,517 <br />$ 4,293.53 <br />Commercial <br />0 <br />2 <br />0 <br />17 <br />16 <br />$ <br />$ <br />Industrial and: <br />miscellaneous <br />0 <br />0 <br />0 <br />9 <br />7 <br />$ <br />$ <br />Agricultural or <br />classified use <br />1 <br />1 <br />0 <br />11 <br />11 <br />$ <br />$ <br />High-water recharge <br />0 <br />0 <br />0 <br />0 <br />0 <br />$ <br />$ <br />Historic commercial <br />or nonprofit <br />0 <br />0 <br />0 <br />0 <br />0 <br />$ <br />$ <br />Business machinery <br />and equipment <br />0 <br />0 <br />0 <br />5 <br />5 <br />$ <br />$ <br />Vacant lots and <br />acreage <br />0 <br />0 <br />0 <br />18 <br />15 <br />$ <br />$ <br />TOTALS _ <br />2 <br />15 <br />2 <br />117 <br />113 <br />$ 320,517 <br />$ 4,293.53 <br />All values should be county taxable values. School and other taxing authority values: may differ: <br />*Include transfer of assessment difference (portability) requests. <br />If you have a question about these actions, contact the Chair or the Clerk of the Value Adjustment Board. <br />Chair's name <br />Joseph E. Flescher <br />Phone <br />772-226-1919 <br />ext. <br />Clerk's name <br />Jeffrey R. Smith <br />Phone <br />772-226-1432 <br />ext. <br />
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