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3.0. SR 04-29-1999 A.( -\.( ( iI .ty of !y ~ll{ MEMORANDUM TO: Mayor and City Council FROM: Sandra Peine, City Clerk DATE: April 29, 1999 SUBJECT: Board of Review The Council will meet on April 29, 1999, to serve as the local Board of Review. The meeting will be held at the Sherburne County Government Center at 6:00 p.m. . Attached is information pertaining to the Board of Review process. The information is taken from the Handbook for Minnesota Cities which is authored by the League of Minnesota Cities. The information explains what is required of the council while serving as the Board of Review. Please contact me if you will be unable to attend this meeting. A quorum is required. . 13065 Orono Parkway · P.O. Box 490 · Elk River, MN 55330 · TDD & Phone: (612) 441-7420. Fax: (612) 441-7425 . . . Minn. Stat. ~ 273.1 I. subd. I. Minn. Stat. ~ 273.13. Minn. Const. an. X ~ I. Minn. Stat. ~ 272.02. Valuation of property Assessors must value all property at its market value. The statutes define market value as the usual selling price in that location at the time of assessment. It is the price a seller could obtain at a private sale and not at a forced or auction sale. Market value is not necessarily the same as original cost or intrinsic value. The assessor has authority to consider other value-producing factors in assigning value to property. Property tax classifications Property tax classifications are set by state statute. (See Appendix H in Guidelinesfor Preparing City Budgets. LMC 215b.l. for a detailed listing of the different classifications.) Exempt property Several classes of property are exempt from property taxation, but not necessarily from special assessments. Some of these 'property classes include: · Public burying grounds; · Public schoolhouses; · Public hospitals; . Academies, colleges, universities and seminaries of learning; · Churches. church property and houses of worship; 491 . . . Minn. Stat. ~ 272.02, subd. 1(6). Minn. Stat. ~ 272.02, subd. 1(7). A.G. Op. 474d (Aug. 28,1961). Minn. Stat. ~ 274.01, subd. I(a). Minn. Stat. ~ 274.oJ, subd. 2. 492 HANDBOOK FOR M rllONESOT A CITIES . Institutions of purely public charity; Public property, including all city-owned property, for exclusive public purpose use; and, · Real and personal property for the abatement and control of air or water pollution. . There are a number of other specific types of properties listed as exempt from property taxes. (For a detailed list, see Minn. Stat. ~ 272.02.) Local governments in Minnesota may not exempt any land from taxation for the purpose of attracting or keeping industry. Equalization procedures Once the assessors have completed their work, the city, county and state levels of government review and modify the assessments with limitations. During this review, two kinds of corrections are possible: the governing body may check the assessor's lists for accuracy, hear individual complaints and make any necessary adjustments; and, the governing body may equalize the ratio of market to assessed market values. The first function is the sole concern of the city board of review, while the county and state boards devote more time to the latter task. When the entire procedure is complete, the county auditor puts the valuations in the records to use when making up the tax rate figures. Only when all three levels of government have reviewed and equalized the assessments, do they become the official assessed values. City board of review The city council may serve as the board of review in cities. The town board serves as the board of review for a town. The city council may appoint a special board of review. It may delegate to the board all of the powers and duties the council would have if it acted as the board of review. The members of the special board of review serve at the direction and discretion of the council. The council determines the number of members, the compensation and expense payments, and the term of office. At least one member of the board must be an appraiser, realtor or other person familiar with property valuations in the assessment district. . Minn. Stat. ~ 274m, subd. 1 (a), (d). Minn. Stat. ~ 274.Ql, subd. I(a). Minn. Stat ~ 274.Ql, subd. 1(1). Minn. Stat. ~ 274.Ql, subd. 1 (b). ... Minn. Stat. ~ 274.01, subd. I(e). -- CHAPTER 21 The board ofreview meets in the city clerk's office. The city assessor and the county assessor must attend this meeting with their assessment books and papers. These officials may take part in the proceedings, but may not vote. The meeting date of the board of review must be between April I and May 31, and is fixed by the county assessor on or before April 1 of each year by giving written notice to the city clerk. After receiving the notice, the clerk must give published and posted notice of the meeting at least 10 days before the date of the meeting. A majority of the members may take action at the board of review meeting, and may adjourn the meeting from day to day for a period of 20 days until they complete their work. After 20 days, the board has no authority and any action it takes is invalid unless the commissioner of revenue has granted an extension. In fulfilling its role, the board of review has three main functions: . It must review the assessor's list, making sure that all taxable property in the city has been properly placed on the list. It must review the assessor's valuations, striving to standardize the ratio between market value and adjusted market value for each individual piece of property. To accomplish this, the board may raise or lower valuations on individual properties, but it cannot increase valuations without notifying the property owner and giving that person an opportunity to be heard. · The board must hear and settle the complaints of individual property owners regarding the valuations on their property. . If a person fails to appear in person or through counselor written communication before the board of review after receiving notice of intent to raise the assessment, or if a person fails to apply for a review of the assessment, that person may not appear before the county board of equalization for a review of the assessment. An exception is when the assessment takes place after the meeting of the board of review, or when aggrieved individuals can establish that they did not receive notice at least five days before the local board of review meeting. --...-- . -._.- ._- ----..-.--... .. .--.- - ---...---- -~ . Minn. Stat. ~ 274.01, subd. I(c). Minn. Stat. ~ 274.01, subd. 1 (f). Minn. Stat. ~ 274.13. . Minn. Stat. ~ 375.192. Minn. Stat. ~ 270.11, subds. I, 6. See also, Minn. Stat. ~ 274.13. subd. l(a). . 494 HASDBOOK FOR MISSESOTA CmES The local board of review may not reduce the total or aggregate amount of the county assessor's assessment by more than one percent This means that the board must often compensate for reductions in assessed values by making comparable increases in assessments against other parcels of property. All complaints about an assessment or classification made after the meeting of the board must be heard and determined by the county board of equalization. County board of equalization The county board of equalization consists of either the county auditor and the county commissioners, or a special board of equalization appointed by the auditor and the board of county commissioners. The statutes establish meeting dates. Although the county board of equalization may decrease and, after notice to the taxpayer, increase individual valuations, its primary task is to equalize the ratio between market value and assessed market value in the various districts. The county board of equalization's main purpose is to secure uniformity of assessed value from district to district, with only occasional attention to uniformity between taxpayers within anyone district. The board may not reduce the aggregate valuations of either real or personal property in the county below the amounts the assessors have determined, but it may increase these amounts. Upon the property owner's application, the board may change a property's homestead classification or reduce its market value, reducing or refunding any taxes the person has already paid. State board of equalization The commissioner of revenue acts as the state board of equalization. The commissioner's primary assessment task is to ensure uniformity of valuations between counties. The commissioner may adjust valuations between districts and between classes of property. The commissioner may raise or lower individual assessments, but may increase individual assessments only after the taxpayer has received notice and has had an opportunity to be heard. The commissioner may not reduce the aggregate value of all property in the state by more than one percent below the total the county boards of equalization have reported. The commissioner may order a reassessment of property in any district. . . . Cllhl'TER 21 Appeals to tax court Minn. Stat. ~ 271.01. The tax court is the final authority for the hearing and detennination of all questions under the property tax laws of the state, except for an appeal to the Supreme Court. The tax court has jurisdiction in cases dealing with property taxes only after the taxpayer has appealed the valuation or assessment to the town or city board of review and to the county board of equalization, except for those taxpayers whose original assessments came from the commissioner of revenue. The tax court has no jurisdiction involving an order of the state board of equalization unless a taxpayer contests the valuation of the property. Minn. Stat. ~ 271.21. The tax court must hold hearings at any place in the state so that taxpayers may appear before the court with as little inconvenience and expense to the taxpayer as possible. The small claims division of the tax court has jurisdiction in any case concerning the valuation, assessment or taxation of residential property the taxpayer has homesteaded, and of non- homesteaded property if the estimated market value is less than $100,000. 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To: Elk River Board of Review From: Assessors Office Date: 04/29/99 Re: Listed Modified Two Story Houses needing an adjustment. 75-522-0250 75-589-0415 75-522-0320 75-590-0020 75-538-0112 75-592-0110 75-538-0244 75-592-0115 75-545-0315 75-592-0120 75-554-0210 75-592-0145 75-565-0108 75-592-0215 75-565-0306 75-592-0405 75-568-0205 75-592-0610 75-568-0215 75-592-0620 75-569-0110 75-595-0155 75-569-0130 75-595-0160 75-569-0216 75-595-0230 75-569-0302 75-595-0240 75-571-0105 75-595-0250 75-573-0314 75-595-0255 75-574-0205 75-595-0260 75-574-0210 75-595-0265 . 75-574-0220 75-595-0410 75-580-0205 75-595-0415 75-580-0405 75-595-0420 75-584-0225 75-595-0430 75-584-0235 75-595-0435 75-585-0110 75-595-0455 75-585-0120 75-601-0135 75-585-0140 75-604-0320 75-585-0145 75-608-0230 75-585-0245 75-608-0232 75-585-0515 75-609-0120 75-585-0615 75-609-0135 75-585-0620 75-609-0205 75-585-0720 75-609-0215 75-585-0910 75-609-0250 75-586-013Q 75-609-0255 75-586-0210 75-617-0120 75-586-0230 75-586-0235 75-586-0240 75-588-0215 75-588-0220 .