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Orono Assessor <br />Orono Board of Review • <br />April 17, 1990 <br />Page 2 <br />Re: Property ID No. 08- 117 -23 -13 -0007 <br />1990 Estimated Market Value $449,800 <br />As new buyers we relied on the assessor's 1988 real estate market value <br />and 1988 taxes of this prospective home as being relatively stable and <br />representative of the assessors views and methodology in arriving at <br />assessor's values in the community. It is absolutely unfair to jack up <br />the values on new purchasers while the assessor allows decades of <br />comparatively minor escalations for the established residents who don't <br />sell. <br />In view of the 21.4% increase from 1987 to 1988 and <br />imposed by the assessor in 1989 over 1988, we ask tl <br />Review roll back the value to the old 1988 value of <br />one year. Unless every other property owner in our <br />increase proportionately from 1987, our property is <br />an arbitrary and capricious manner. <br />the 26% increase <br />:iat the Board of <br />$334,200 for at least <br />area has their values <br />being singled out in <br />In view of the values of other properties on our road, plus the recent <br />low lake level, the milfoil, the 394 construction, the drought, the muck, <br />the awful weather, the dredging by Maxwell Bay Marina, our reliance on <br />the 1988 assessed value and the unfairness of the whole gad - blamed system • <br />I think that is the least that should be done. <br />Let's all vote for $334,200 as being fair shall we? <br />Yours truly, <br />W. Thomas Wheeler <br />C, <br />