Title
Action to abate property taxes in the amount of $1,040.24 for Parcel #40991-40005-000-20, Madison Air Craft LLC, owner. Legal description: NW ¼ of SW ¼ in Section 26-T110N-R50W, Hangar #209, Brookings Regional Airport.
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Summary:
Madison Air Craft LLC has applied to abate a portion of the property taxes in the amount of $1,040.24. Parcel #40991-40005-000-20. A second hangar, built in 2017, and owned by Reed Intermill & Jeff Jacobsen, was incorrectly assessed to Madison Air Craft LLC. Brookings County Equalization Office correction.
Fiscal Impact:
The property tax revenue will be reduced by $1,040.24
Recommendation
Recommendation:
County Assessor recommends approval.
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Attachments:
Abatement Application
Location Map