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27 <br /> Slide #5 <br /> Formal Appeals by °"°°'eCOO°ry­I1s2025 <br /> Neighborhood •� <br /> 65% of formal appeals have been completed - <br /> 367 formal appeals are pending <br /> • 65% or 424 of formal appeals resulted in a value r ' <br /> change (primarily reductions) <br /> • $31.7 million reduction to tax base <br /> • All formal appeals completed by mid-January <br /> 2026 <br /> Taxpayers with value reductions receive refund s `P <br /> with interest after January 5, 2026 - <br /> 16 _ <br /> 5 <br /> Slide #6 <br /> PropertyVa I u e Reductions Individual Property Value Reductions Sorted By Neighborhood <br /> Data as ef:November 26,2025 Includes Informal and Formal Appeals <br /> P.—I ID Woberbdod flNidantl•I/Commercial OriBitil Value —.1 al Prdu .. <br /> 080fi093562 1002 0. 188900 Sfi3W <br /> 080]140980 ]002 8 62300 0 <br /> • New report since last Business Meeting Update oN73333 ;W A 2',9,W sb <br /> on October 21si pBpJ46303 113 fl �951 ° <br /> • Property value reductions by neighborhood and <br /> individual parcel <br /> 9886899)fi5 ]003 0. 28156] 15fi300 <br /> • Includes value changes resulting from both qgg°pg,°g ooa n n111= 22= <br /> 9gg]°14141 1oa; g ]1a°9 a <br /> informal and formal appeals 98g]1R0896 �3 fl 211. p <br /> 988]802649 1003 ]32900 I—..988]8312. ]003 0. 2T1300 0 <br /> 98g2905453 1003 212]00 R"'16900 <br /> • Delineates residential from commercial OW7482022 1004 R 208606 0 <br /> _149894g ]004 432300 17300 <br /> properties190811�5 7551'7 <br /> a— <br /> fi°R <br /> 11211 <br /> 151�1 <br /> 11. <br /> 989]585299 ]004 R 641100 ]BI00 <br /> 9898553fiO3 ]004 R 253500 0 <br /> 9898551423 1004 A 504800 0 <br /> ,908624452 1005 R 432400 51800 <br /> 0808945g85 1.1 1 IN" <br /> 0809029988 ]005 fl 248500 42200 <br /> 9g9883]906 1., F 159900 ° <br /> 9g988399]5 ]005 fl 160f00 16000 <br /> 6 <br /> The uve of parentneses era negative number indlcatrs an lnnease In value- t <br />