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<div align="center"><big><big><font size="+1"><big><big><font
face="Helvetica, Arial, sans-serif"><font color="#ff0000"><b>THEY HAVE
ARRIVED</b></font></font></big></big></font><br>
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<font size="+1"><font face="Helvetica, Arial, sans-serif"><br>
<b>ALERT:</b> #152<br>
<b>DATE:</b> December 20, 2007<br>
<b>TO:</b> Incline Village & Crystal Bay Property Owners<br>
<b>FROM:</b> Village League Tax Revolt Committee<br>
<br>
<b>Dear Incline Village & Crystal Bay Property Taxpayers,</b><br>
<br>
The infamous “Christmas Postcard” from the office of the Washoe County
Assessor, about which we previously warned you, was just as staggering
a blow as we had anticipated. Many of you have called and emailed us
with questions about the enormous increases in the assessment values of
your properties.<br>
<br>
This is a reappraisal year, (just as was 2003 – which precipitated the
tax revolt in the first place). The law mandates that all properties
in the state be reappraised at least once every five years. In the
years between, the Assessor is supposed to “factor” the values to
mirror the ups and downs of the real estate market, to avoid huge
unexpected increases to the taxpayers.<br>
<br>
Needless to say, when values rise by 100% in just one year, (or much
more in many cases), from 2007/08 to 2008/09, the Assessor hasn’t been
doing his job. The assessed value of just the land of one of our
homeowners increased from $650,000 to $2,500,000!!!<br>
<br>
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<div align="center"><font color="#ff0000" size="+1"><font
face="Helvetica, Arial, sans-serif"><b><big><big>THE GOOD NEWS</big></big></b></font></font><br>
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<font size="+1"><font face="Helvetica, Arial, sans-serif"><br>
As we have previously explained, some of our Board members helped to
convince the Nevada Legislature in 2005 to vote to “cap” tax increases
to 3% or 8% in some cases. <br>
<br>
How does that work? Even though your assessed values have become
exorbitant, the property taxes that you will actually have to pay
CANNOT exceed 3% more than the actual dollar amount of property taxes
that you paid for the prior year. However, we cannot become complacent
about that 3% tax cap, which is the current law, as in a different
Legislative Session, it could be changed.<br>
<br>
</font></font>
<div align="center"><font color="#ff0000"><big><big><b><font size="+1"><big><big><font
face="Helvetica, Arial, sans-serif">WHAT SHOULD WE DO NOW!</font></big></big></font></b></big></big></font><br>
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<font size="+1"><font face="Helvetica, Arial, sans-serif"><br>
Even though we are hoping (and praying) that we will receive a
favorable decision from the Nevada Supreme Court after our hugely
important hearing on January 7, 2008, we encourage you to send in your
Petition for Appeal. The Form can be found on our website
<a moz-do-not-send="true" class="moz-txt-link-abbreviated"
href="http://www.nevadapropertytaxrevolt.org">www.nevadapropertytaxrevolt.org</a>.
Click on Forms in the Menu, scroll to
the bottom of the page, download, print, fill out the 6 blanks
indicated by the arrows and send a copy with an original signature to:<br>
<br>
</font></font>
<div align="center"><b><font size="+1"><font
face="Helvetica, Arial, sans-serif">Josh Wilson</font></font></b><br>
<font size="+1"><font face="Helvetica, Arial, sans-serif">Washoe County
Assessor</font></font><br>
<font size="+1"><font face="Helvetica, Arial, sans-serif">1001 East
Ninth Street</font></font><br>
<font size="+1"><font face="Helvetica, Arial, sans-serif">Reno,
Nevada 89520</font></font><br>
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<font size="+1"><font face="Helvetica, Arial, sans-serif"><br>
Be sure to keep a copy for your own files!!! You should get back a
letter acknowledging the receipt of your Petition from the office of
the Assessor. DO NOT THROW THIS AWAY. It is your proof that your
document did not get “lost” in the system.<br>
<br>
Additionally, on our home page, you can follow the instructions in
Alert #150 to request additional information about your property. Fill
out that letter as well and send to the Assessor at the above address<br>
<br>
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<div align="center"><font size="+1"><font
face="Helvetica, Arial, sans-serif"><big><big><b><font color="#ff0000">PLEASE
TRY TO COME</font></b></big></big></font></font><br>
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<font size="+1"><font face="Helvetica, Arial, sans-serif"><br>
Hopefully, you should have recently received from the Village League,
by U.S. mail, a detailed reminder of the hearing before the Supreme
Court on January 7, 2008.<br>
<br>
The Justices and the media need to know that we are still very much
intending to continue this fight against illegal and unconstitutional
property taxation.<br>
<br>
Once again, our thanks to all of you for your continuing support.<br>
<br>
</font></font><font size="+1"><font face="Helvetica, Arial, sans-serif">Sincerely,<br>
<br>
<font face="Lucida Handwriting"><b><i>Maryanne Ingemanson </i></b></font><br>
<br>
Maryanne Ingemanson, President<br>
Village League to Save Incline Assets, Inc.<br>
<a moz-do-not-send="true" class="moz-txt-link-abbreviated"
href="http://www.NevadaPropertyTaxRevolt.org">www.NevadaPropertyTaxRevolt.org</a><br>
<a moz-do-not-send="true" class="moz-txt-link-abbreviated"
href="mailto:mingemanson@charter.net">mingemanson@charter.net</a><br>
<br>
<b>Village League to Save Incline Assets Board Members:</b><br>
* Maryanne Ingemanson, President<br>
* Dale Akers, Historian<br>
* Les Barta, Law Research<br>
* John Carney, Analyst<br>
* Wayne Fischer, Webmaster<br>
* Ted Harris, Tax Revolt Committee Chairman<br>
* Todd Lowe, Financial,<br>
* Chuck Otto, Public Relations<br>
<br>
</font></font>
<div align="center"><big><b><small><font size="+1"><font
face="Helvetica, Arial, sans-serif">Village League to Save Incline
Assets, Inc.</font></font></small></b><br>
</big><font size="+1"><font face="Helvetica, Arial, sans-serif">Non-Profit
Corporation - FEIN 88-0399029</font></font><big><br>
</big><font size="+1"><font face="Helvetica, Arial, sans-serif">1165
Vivian Lane, Incline Village, NV 89451</font></font><big><br>
</big><font size="+1"><font face="Helvetica, Arial, sans-serif">Phone:
775-831-4011, Fax 775-831-0325</font></font><big><br>
</big><font size="+1"><font face="Helvetica, Arial, sans-serif">Email:
<a moz-do-not-send="true" class="moz-txt-link-abbreviated"
href="mailto:mingemanson@charter.net">mingemanson@charter.net</a></font></font><big><br>
</big><font size="+1"><font face="Helvetica, Arial, sans-serif"> </font></font><big><br>
</big><font size="+1"><font face="Helvetica, Arial, sans-serif">#
# #</font></font><big><br>
</big><font size="+1"><font face="Helvetica, Arial, sans-serif"> </font></font><big><br>
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