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Town corrects assessment; LUCT refund of $6,800 issued
Summary
The Town Administrator presented corrected assessment documentation for Map 3 Lot 30; the Land Use Change Tax (LUCT) was corrected from $45,000 to a refund of $6,800 with approximately $45 interest.
The Town Administrator presented amended assessment documentation reflecting a corrected valuation for Map 3 Lot 30 and the associated tax adjustment. The record shows a Land Use Change Tax (LUCT) correction that resulted in a refund of $6,800 from an originally calculated LUCT of $45,000, plus interest of approximately $45.
No separate motion was recorded during the discussion; documentation was revised to reflect the corrected valuation and tax adjustment for administrative records. The Board acknowledged the change as part of routine assessment corrections and recordkeeping.
