Committee questions $41 million figure and cites 532 pilot agreements
Members said the $41 million figure in the draft resolution is based on assessments of record and may undercount actual abatements; staff noted there were 532 pilot agreements as of end of November and that reappraisals are underway.
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Committee members queried a $41,000,000 figure in the draft resolution and asked whether it reflected current valuations or only assessments of record. One committee member clarified that the "$41,000,000 is based on the assessment of record," and staff said reappraisals—part of the assessor's four-year cycle—are underway and could change totals.
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