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.
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Attachments:
Abatement Application
Location Map