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HomeMy WebLinkAbout1993-02-18 Board of Assessors MinutesOFR Town of Reading VI 16 Lowell Street ~o wq Reading, MA 01867-2693 ,s'!9r INCORQO~~~ BOARD OF ASSESSORS FAX: (617) 942-9070 (617) 942-9027 ASSESSORS MINUTES FEBRUARY 18, 1993 MEETING WAS HELD AT 6:30 P.M. APPOINTMENTS NONE. OLD BUSINESS 1. MINUTES OF PREVIOUS MEETING - FEBRUARY 10, 1993. APPROVED AND SIGNED 3-0-0. 2. APPRAISER'S REPORT. ATTACHED. 3. DISCUSS ABATEMENT APPLICATIONS. REVIEWED. 4. DISCUSS P.I.L.O.T. FOR READING HOUSING AUTHORITY AND UNITED CHURCH HOMES, INC. DISCUSSED AND LETTERS SIGNED BY CHAIRMAN. NEW BUSINESS NONE. CORRESPONDENCE NOTED. SIGNINGS LEVY OF 1993 REAL ESTATE ABATEMENTS 1,576.92 1992 MOTOR VEHICLE EXCISE ABATEMENTS 134.90 1993 MOTOR VEHICLE EXCISE ABATEMENTS $ 1,337,91 GENERAL BUSINESS WAS CONDUCTED. MR. DAVID R. NUGENT, CHAIRMAN, MR._ROBERT.I. NORDSTRAND, AND MRS. MARY S. ZIEGLER WERE PRESENT AT THIS MEETING. ADJOURNED: 8:15 P.M. ATTEST: (;Z) fyI CJ .L h RO ERT'I. NORDSTRAND, SECRETARY. INTRADEPARTMENTAL MEMORANDA TO: BOARD OF ASSESSORS FROM: DAVE BILLARD DATE: 02/18/93 REF: APPRAISER'S REPORT r': Y; Y.' 'k :k Yt 'A: '}X Yt Y.' fi * * h xl' A• at' 14 Y'k' t' k K' tl' 7r :k it Y.' 'k' X N' A >l"k' •k 'Y. A: 'k air 'k 'X 't 'k- h 'k 'k 'A: 'h Yt 'k' -k 'k 'k 'k * k k• ~ Yt K' 'k' >k"J: A' 1k K' 'E' 1. The total applications for abatement for'FY1993, timely filed, is 110. To date, there are approximately 64 that have bean revi.ewod and signed by the Board; which represents approximately 58%. f"he total amount abated to date is-$11,033.75. 2. There have been approximately 375 exemption applications file, to da=ate; 54% of the total 700 that are expected to be filed for F Y93. Inclusive in this figure is 17 deferrals that have been filed. The exemptions acted on to dame have totalled $99,658.25. The total of the 17 deferrals is $31,850.60. The total amount of W? overlay reduction by the exemptions and deferra s is currently $131,508.85. A total estimate for FY1993, given previous year••:;, is $210,000. 3. The FY1993 Overlay Account is $377,663.54. To date, the sum total of the Cxemptions, deferrals and abatements is $142,542.65. Thi`= leaves'an effective balance in the overlay account of $235,120.89. 4. A mailing of the exemptions, approximately 130., was done 02/18/93 to those applicants that fil.ed.lasr_ year, but still had not filed this year. Exemtions-must bg fi.led by March 18th, 1993. 5. The first Eastern Mass CAMA Users Group meeting was held on 02/17/93. There was a tarn out of 25 participants representing 12 of We Northeast CAMA Communities. From the response th6t 1 received by attendees, it appear, that it was a success.. The next, meeting; will. b scheduled in approximately months. 6: To date, 5 of the 27 3ABC forms have been returnee. The deadlin(-,~ for their submittal is March 1, 1993 for FY1994 exemption. 7. The number of Forms of Lists returned to date is 180. These fhmr are due by March 1, 1993 for an FY1994 exemption. cc: Beth Klepeis cc: Julie Cosentino