File #: ID 24-0139    Version: 1 Name:
Type: Action Item Status: Passed
File created: 3/15/2024 In control: City Council
On agenda: 3/26/2024 Final action: 3/26/2024
Title: Action to abate property taxes in the amount of $57,276.42 for Parcel #40582-00500-000-00. Address: 2215 Ace Avenue, Brookings. Legal description: Block 5, Southland Addition.
Attachments: 1. Abatement Application, 2. Location Map

Title

Action to abate property taxes in the amount of $57,276.42 for Parcel #40582-00500-000-00.  Address:  2215 Ace Avenue, Brookings.  Legal description:  Block 5, Southland Addition.

 

Body

Summary:

This is a correction from the Brookings County Equalization Office for an error made in valuing the property as per SDCL 10-6-137.1.  Property taxes in the amount of $57,276.42 will be abated for Parcel #40582-00500-000-00.

 

Fiscal Impact:

The property tax revenue will be reduced by $57,276.42.

 

Recommendation

Recommendation:

County Assessor recommends approval.

 

Body2

Attachments:

Abatement Application

Location Map