The School Board of Broward County, Florida
Created : March 16, 2013 at 11:10 PM |
Meeting: Board Meeting : B. Board Members | ||||||||||||||||||||
1. Value Adjustment Board (VAB) Direct Costs 2002 Tax Year
August 05, 2003 Status: |
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Quick Summary / Abstract
Approve the grant approval for payment of the 40% School Board Share of VAB Direct Costs for the 2002 Tax year. 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 the cost of the proceedings is 40% of the net expenses. The County Commissioners have forwarded an invoice for $131,618.83, which represents the School Board_s share for the 2002 tax year. The financial impact to the school district is $131,618.83. The source of the funds is the Board Members_ department budget. Requested Action Approve the grant approval for payment of the 40% School Board Share of VAB Direct Costs for the 2002 Tax year. 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 the cost of the proceedings is 40% of the net expenses. The County Commissioners have forwarded an invoice for $131,618.83, which represents the School Board_s share for the 2002 tax year. School Board Goals
Financial Impact The financial impact to the school district is $131,618.83. The source of the funds is the Board Members_ department budget. Source of Additional Information Lois Wexler, Chair, 712-2152 Carol Watters, 712-2152 null Associated File Attachments
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