WPCNR Certiorari Times. By John F. Bailey. April 5, 2008: The Common Council will vote to approve $457,740 in tax refunds in settlement of certiorari petitions from 12 commercial and condominium properties. The Certiorari cases the city and school district have agreed to sell. Nine of the properties receive refunds covering some of the last five years back to 2002-2003. The refunds result in reduction to the assessment roll of $1,287,237. (WPCNR will check with the City Assessor to determine if this is reflected in the recently released new Tax Roll – now at $291,802,226.)
The City School District based on a WPCNR rough estimate will be forced to refund the 12 petitioners a total refund of approximately $600,000 based on the tax rates in effect at the time.
The largest refund is being paid to the Four Seasons Condominum Owners: $325,458 and that luxury building assessment has been reduced $809,937 from $2,559,850 previously. The Seasons is now assessed at $1,749,913.