City of Racine - File #: 06-1743

• File #: 06-1743
• Version: A
• Name: City Assessor wishing to discuss 2004 assessment and tax rolls.
• Type: Communication
• Status: Passed
• File created: 3/31/2006
• In control: Finance and Personnel Committee
• Final action: 4/17/2006
• Title: Subject: Communication from City Assessor wishing to discuss 2004 assessment and tax rolls. Recommendation: KM Realty, LLC, 1914 Indiana Street, Tax No. 23869007 be reduced from $857,000 to $36,000 and that the resulting credit of $20,046.77 be charged against account 101.990.5930, Real Estate and Personal Property taxes cancelled. Fiscal Note: There are sufficient funds available for this credit. Other taxing jurisdiction's portions will be charged back to them when appropriate.

Date	Ver.	Action By	Action	Result
4/17/2006	A	Common Council	Approved as Presented	Pass
4/10/2006	A	Finance and Personnel Committee	Recommended For Approval	Pass
4/5/2006	A	Common Council	Referred

Title

Subject: Communication from City Assessor wishing to discuss 2004 assessment and tax rolls. 

 Recommendation:  KM Realty, LLC, 1914 Indiana Street, Tax No. 23869007 be reduced from $857,000 to $36,000 and that the resulting credit of $20,046.77 be charged against account 101.990.5930, Real Estate and Personal Property taxes cancelled.

Fiscal Note:  There are sufficient funds available for this credit.  Other taxing jurisdiction's portions will be charged back to them when appropriate.