NOTICE TAX IMPACT OF VALUE ADJUSTMENT BOARD DR-529 MIAMI-DADE COUNTY - TAX YEAR 2025 R. 12/09 Rule 12D-16.002 TAX IMPACT OF VALUE ADJUSTMENT BOARD Florida AdministratDivRe -C5o2d9e R. 12/09 RULE 12D-16.002 Miami-Dade County Tax Year 2 0 F2LO5RIDA ADMINISTRATIVE CODE Members of the Board Honorable Senator Rene Garcia Board of County Commissioners, District No. 13 Honorable Natalie Milian Orbis Board of County Commissioners, District No. 6 Honorable Danny Espino School Board, District No. 5 Citizen Member Hani Jardack Business owner within the school district Citizen Member Anibal Duarte-Viera Homestead property owner The Value Adjustment Board (VAB) meets each year to hear petitions and make decisions relating to property tax assessments, exemptions, classifications, and tax deferrals. Summary of Year's Actions Number of Parcels Reduction in Shift in Type of Property Exemptions Assessments* Both County Taxable Value Taxes Granted Requested Reduced Requested Withdrawn or settled Due to Board Actions Due to Board Actions Residential 145 449 4,943 41,403 31,772 $ 506,138,338 $ 3,398,631.00 Commercial 0 5 2,830 12,162 7,824 $ 1,146,323,480 $ 7,145,549.00 Industrial and miscellaneous 3 18 825 4,790 3,679 $ 327,413,976 $ 2,588,618.00 Agricultural or classified use 15 43 26 164 136 $ 3,800,334 $ 36,399.00 High-water recharge 0 0 0 0 0 $ 0 $ 0.00 Historic commercial or nonprofit 0 0 0 0 0 $ 0 $ 0.00 Business machinery and equipment 0 0 367 1,006 226 $ 174,086,130 $ 3,267,990.00 Vacant lots and acreage 13 93 1,655 4,885 2,071 $ 306,219,324 $ 1,920,399.00 TOTALS 176 608 10,646 64,410 45,708 $ 2,463,981,582 $ 18,357,586.00 All values should be county taxable values. School and other taxing authority values may differ. *Include transfer of assessment difference (portability) requests. If you have a question about these actions, contact the Chair or the Clerk of the Value Adjustment Board. Chair's name Senator Rene Garcia Phone 305-375-4831 ext. Clerk's name Scott Austin Phone 305-375-5641 ext. For legal ads online, go to http://legalads.miamidade.gov