ORDER-2016-44 : Appropriate from account 01-123012 (Overlay FY12) in the amount of $60,000.00; and Appropriate to account 011412-529300 (Assess Exp Revaluation) in the amount of $60,000.00 for 2016 Revaluation Measure and List

Transcript (~3 min @ 46:52)

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▶ 46:46 Peter D. Mortimer: sorry thank you very much all in favor of the motion to recommend this order to full board without recommendation uh i say aye aye any opposed hearing none this order will be sent to the full board without recommendation the next order we have before us is order two zero one six dash four four appropriate from account zero one one two three zero one two overlay fiscal year twelve in the amount of sixty $60,000 and appropriate to account 011-412-529-300. Assess for revaluation in the amount of 60,000 for 2016 revaluation measure and list.

▶ 47:37 Peter D. Mortimer: Is there a motion? Motion to recommend. We have a motion to recommend this order from Alderman Boycelle. Second. Duly seconded by Alderman Byrd. Is there discussion on this order? Alderman Tramontozzi, please.

▶ 47:50 John N. Tramontozzi: Maybe we could just hear what the purpose of this appropriation is.

▶ 47:55 Speaker 1: The city's in the middle of actually re-measuring all the properties. It's a data verification. Roughly 9,000 parcels were going out. This is the final payment of that process. So we have inspectors that are going out to verify measurements, bedrooms, bathrooms, house type. is the it's a three-year project we're actually ahead of schedule so we're requesting that money before from our overlay which we deemed that we had an

▶ 48:23 John N. Tramontozzi: excess this is this is required by state law anyways to be done that is correct

▶ 48:26 Speaker 1: the state requires every nine years that we complete this test thank you all

▶ 48:32 Peter D. Mortimer: right thank you thank you all the material Matozi Alderman Medeiros please

▶ 48:34 Monica C. Medeiros: thank you could you talk a little bit about the overlay account and and how that now that money gets there and and when you can take from it the the

▶ 48:45 Speaker 1: overlay is set up for to fund any exemptions and any appeal processes that happen in the fiscal year for 2012 we had an excess that means that our caseload at the ATB is either low or non-existent and our exemptions are already exhausted so therefore we would actually say that we had an excess amount in our overlay account every year we vote on what the amount is going to be that could range anywhere from 300,000 to 500,000 depending on the year after that year's closed out that money goes back to the general fund and it's

▶ 49:26 Monica C. Medeiros: voted on in articles like this and so you think that this is a exhausted for FY 12 and and known no anticipated I believe there's a telecommunication case

▶ 49:35 Speaker 1: that's open as far as exemptions the the time has passed for that the only thing that would be out there would be ATV cases we have a lot with the telecommunication Verizon and a bunch of companies so how those cases seem to be

▶ 49:53 Monica C. Medeiros: still open and will this leave a balance in that account yes thank you Thank You

▶ 49:58 Speaker 3: Thank you, Alderman Medeiros.

▶ 50:02 Peter D. Mortimer: I'm seeing no further Alderman wishing to be heard. We have a motion for passage, to recommend for passage, duly seconded. All in favor, please say aye. Aye. Any opposed, hearing none, this order will be recommended to the full board for passage. Thank you very much, gentlemen, for your attendance this night and your well prepared presentation. Motion to adjourn. We have a motion to adjourn from Alderman McAteer-Margolis, duly seconded by Alderman Boycelle. All in favor, please say aye. Aye. Any opposed, hearing none, the Committee on Appropriations is hereby adjourned. Please stay tuned for the Committee on Legal and Legislative Matters. Thank you. One and all.