Created : March 02, 2014 at 06:21 PM
February 19, 2014
Status:
Open Agenda
Approve payment for the semi-annual billing for the School Board's share of VAB direct costs.
The County Commission uses a Hearing Officer to adjudicate taxpayer petitions concerning property appraisal values and exemptions. The School Board participates in these hearings. The School Board's share in he cost of the proceedings is 40% of the net expenses. The net VAB expenses for the period April 1, 2013 through September 30, 2013 were $295,560.95 and the School Board's share (40%) is $118,224.38.
Donna Korn is the representative for the School Board on the Value Adjustment Board.
The financial impact to the District is $118,224.38. The source of funds is the Board members' Department Budget.
Requested Action
Approve payment for the semi-annual billing for the School Board's share of VAB direct costs.
Summary
The County Commission uses a Hearing Officer to adjudicate taxpayer petitions concerning property appraisal values and exemptions. The School Board participates in these hearings. The School Board's share in he cost of the proceedings is 40% of the net expenses. The net VAB expenses for the period April 1, 2013 through September 30, 2013 were $295,560.95 and the School Board's share (40%) is $118,224.38.
Donna Korn is the representative for the School Board on the Value Adjustment Board.
School Board Goals
| Goal 3: Effective Communication | ||
| Goal 2: Continuous Improvement |
Financial Impact
The financial impact to the District is $118,224.38. The source of funds is the Board members' Department Budget.
Source of Additional Information
Robert Runcie 754 321-2600
Associated File Attachments
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VAB Invoice (Files) | |
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VAB ByLaws (Files) | |
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ExecutedARF (Files) |