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Subject: Communication from the City Assessor requesting to discuss a correction to the 2006 assessment and tax rolls.
Recommendation of the Finance & Personnel Committee on 2-12-07: The 2006 Assessment on Personal Property Parcel P02624002, Frank's Adjustment Bureau, 521 High Steet, be reduced $8,000 from $9,000 to $1,000 and that the associated levy of $178.03 be credited back to the taxpayer.
Fiscal Note: Funding for the adjustment is available in Account 101.990.5930, R.E. & P.P. Taxes Cancelled.