Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Property Tax topic
No spam. Unsubscribe anytime.
Council hears update on Gholson property valuation and potential tax impact
Summary
Staff reported a preliminary taxable value change for Gholson (transcript: 'Goltz'), noting a drop from about $104 million to about $103.7 million and a possible further decline that would reduce tax dollars; officials asked that final certified values be awaited.
Chair said she received an updated valuation for the Gholson property that reduced the prior figure of roughly $104,000,600 to about $103,700,000 and warned the value could decline further. "He told me probably it would end up 15% less than what the 104,000,000 was," Chair said, and she cautioned that those are preliminary figures and that staff cannot use uncertified values for the budget.
Members agreed to wait for the county's certified roll before finalizing revenue estimates and asked staff to model the tax‑dollar effect of several valuation scenarios for the July budget timeline. The transcript spelled the name as "Goltz," but meeting materials and committee discussion use the name Gholson (normalized spelling per local records).
