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04-16-2025 BOA CCM City Council Special Meeting Agenda Wednesday, April 16, 2025 6:00 p.m. Elk River City Hall ▪ Meeting in Upper Town Conference Room 1. CALL MEETING TO ORDER 2. PLEDGE OF ALLEGIANCE 3. SHERBURNE COUNTY ASSESSOR'S REPORT 3.1 City Staff Report 4. HEAR APPEALS SUBMITTED BY ATTENDEES Board Decision on Each Appeal 5. HEAR MISC. APPEALS BY COUNTY Board Decision on Each Appeal 6. ESTABLISH RECONVENE DATE The Board must determine a reconvene date within 20 days if a recess is necessary. 7. MOTION TO EITHER RECESS OR ADJOURN Page 1 of 13 The Elk River Vision A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community engagement that encourages and inspires prosperity Request for Action To City Council Item Number 3.1 Meeting Date April 16, 2025 Prepared By Tina Allard, City Clerk Item Description City Staff Report Reviewed by Cal Portner Tina Allard Action Requested The Board listens to each appeal and determines the value or classification of the parcel being considered. If the Board is unsure how to vote, the decision should be "No Change." The property owner can then appeal to the County Board or the Tax Court. A formal vote should adopt all decisions. Options for decisions include: ▪ No change ▪ Reduce the value of a property ▪ Raise the value of a property ▪ Add improvements to the assessment list ▪ Add properties to the assessment list ▪ Change the classification of property ▪ Have the assessor inspect the property and report to the board at a reconvene meeting If the Board determines further review of any parcels by the assessor is needed, a reconvene meeting must be set for the assessor to report back for further action. The date and time must be determined before the recess of this meeting and must be within 20 days of this meeting. The last date to schedule a reconvene meeting would be Tuesday, May 6, 2025. There are Council meetings scheduled for Monday, April 21, 6:00 p.m., Monday (Retreat Meeting), April 28 to 7:00 p.m., and Monday, May 5, 6:30 p.m. Background/Discussion Board Purpose The Board's purpose is to objectively determine if parcel values and classifications were properly set for the current assessment. It is assumed the assessor has properly valued and classified a property and the burden of proof rests with the property owner. Appeals must be based on facts and the property owner must present supporting evidence to the Board that the current year's valuation or classification is incorrect. All changes made by the Board must be based on fact. Remember, reductions in value shift the tax burden to others. Here is a link to the Board of Appeal Handbook with more detailed information. Reconvene Meeting Page 2 of 13 All issues must be resolved before the meeting is adjourned. The Board should not order the assessor to review a parcel and change the valuation/classification and then adjourn. The Board may ask the assessor to review the parcel and report back at a reconvene meeting. Once the Board adjourns, it cannot reconvene. Certification At least one member who attended the state-required training must be at this meeting. The following are currently certified: ▪ Grupa, 7/1/2027 ▪ Wagner, 7/1/2026 ▪ Dietz, 7/1/2026 Financial Impact N/A Mission/Policy/Goal N/A Attachments 1. 2025 Elk River Report 2. 2025 Elk River Local Board Data 3. 2025 Elk River City Ag Report 4. 2024 Annual Building and Population Report Page 3 of 13 Sherburne County Assessor Sherburne County Government Center 13880 Business Center Dr NW Elk River, MN 55330-1692 Phone: (763)765-4900 FAX: (763)765-4905 2025 ELK RIVER CITY ASSESSMENT Residential and Seasonal improved properties remained stable in the 2025 assessment. There were 305 sales used in our sales study and 1,014 sales county-wide. Any increases in value, was done during reassessment and properties with new improvements. Assessment Years Study Ratio Overall Change 2021 392 sales 88.2% x 1.080% 95.3% adjusted ratio 2022 424 sales 77.7% x 1.197% 93.0% adjusted ratio 2023 450 sales 87.2% x 1.073% 93.6% adjusted ratio 2024 334 sales 97.5% -end ratio 98.1% ajdusted ratio 2025 305 sales 93.3% x 1.00% 93.6% adjusted ratio Rural Vacant land county-wide there were 7 sales. Apartments increased county wide by 3-4% Commercial and Industrial County-wide there were 7 Commercial sales – 3 Industrial sales. Our commercial median ratio started as 75.41% and final ratio is 93.3%. Our Industrial median ratio started as 73.12% and final ratio is 90.5%. Total Taxable New Construction Assessment Years 2021 $ 32,931,500 2022 $ 53,818,300 2023 $ 53,403,900 2024 $ 54,806,000 2025 $ 39,426,100 Total City Estimated Market Value Assessment Years 2021 $ 2,859,083,800 2022 $ 3,518,721,100 2023 $ 3,894,488,200 2024 $ 3,996,067,100 2025 $ 4,613,889,000 Page 4 of 13 Elk River Local Board of Appeal and Equalization April 16, 2025 6:00 p.m. Year End Summary – 2025 Assessment Re-Assessment Residential/Seasonal/Imp Ag 1,726 Commercial/Industrial/Exempt 176 Agriculture Land 25 Residential Statistics – 3 year history Item 2024 2023 2022 New Homes 98 92 93 Misc Permits Decks/bsmt finish/additions 101 115 184 Total Sales 305 334 450 Median Sale Price $387,900 $372,700 $382,100 Median Market Value $366,200 $358,100 $364,900 2024 Assessment Adjustments Vacant Land Adjustments 5% Residential Home Adjustments 1-2% Lakeshore Adjustments 5% Page 5 of 13 2025 City of Elk River Local Board of Appeal and Equalization April 16, 2025 Sales from October 1, 2023 to September 30, 2024 were used to determine the estimated market values for the 2025 assessment. Countywide there were 11 good sales of parcels over 34.5 acres. The median ratio of these sales was 63.39%. Agricultural Values increased by 30%. The ending ratio after these changes is 92.2%. The 2025 methodology utilizes agricultural sales within a region to develop a tillable and non- tillable value to be used for Green Acres in that area. Our Green Acres Region includes the Counties of Anoka, Chisago, Isanti and Sherburne. The Department of Revenue issued a memo which indicated that the average per acre value for tillable land was to be $4,600 (up $200 from 2024) and the average for non-tillable was to be $3,000 (up $100 per acre from 2024). Township Averages as Reported to the Department of Revenue for the 2025 Assessment 2025 Estimated Market Values 2a Tillable 8600/ac 2a/2b Pasture 8000/ac -Same values have been applied to Rural Preserve and CRP land Waste 750/ac Wetlands 750/ac 2025 Green Acres Values 2a Tillable 4700/ac 2a Pasture 3100/ac Waste 750/ac -Same values have been applied to Rural Preserve and CRP land Page 6 of 13 BECKER TOWNSHIP BECKER CITY 2024 HB 12 2024 MULTI 52 UNITS 2024 EST POP 5397 TOWNSHIP 2024 HB 8 2024 EST POP 5628 HAVEN TOWNSHIP EAST ST. CLOUD 2024 HB 0 2024 MULTI 0 2024 EST POP 7590 TOWNSHIP 2024 HB 2 2024 POP 2062 PALMER TOWNSHIP TOWNSHIP 2024 HB 6 2024 EST POP 2767 SANTIAGO TOWNSHIP TOWNSHIP 2024 HB 5 2024 EST POP 2027 BLUE HILL TOWNHSHIP TOWNSHIP 2024 HB 5 2024 EST POP 2650 BALDWIN TOWNSHIP PRINCETON CITY 2024 HB 5 2024 MULTI 0 2024 EST POP 103 TOWNSHIP 2024 HB 19 2024 EST POP 7589 CLEAR LAKE TWP CLEAR LAKE CITY 2024 HB 24 2024 EST POP 789 TOWNSHIP 2024 HB 4 2024 POP 1692 ORROCK TOWNSHIP TOWNSHIP 2024 HB 25 2024 EST POP 4737 LIVONIA TOWNSHIP ZIMMERMAN CITY 2024 HB 52 2024 MULTI 0 UNITS 2024 EST POP 7254 TOWNSHIP 2024 HB 6 2024 EST POP 6656 BIG LAKE TOWNSHIP CITY OF BIG LAKE 2024 HB 27 2024 MULTI 0 UNITS 2024 EST POP 12,690 TOWNSHIP 2024 HB 15 2024 EST POP 8557 CITY OF ELK RIVER 2024 HB 98 2024 MULTI 0 UNITS 2024 EST POP 27,011 SHERBURNE COUNTY 2024 POPULATION STATISTICS (Estimated) TOWNSHIPS ONLY: 44,363 CITIES ONLY: 60,833 TOTAL COUNTY POPULATION: 105,196 LEGEND: POP …………….. ESTIMATED POPULATION HB. . . . . . . . . . … SINGLE FAMILY HOUSES POPULATION DETERMINED MULTI. . . . . . . . . . MULTI-FAMILY UNITS AT RATE OF: 2.50 PEOPLE PER RESIDENCE 2.50 PEOPLE PER UNIT TOTAL SINGLE FAMILY HOUSES BUILT IN TOWNSHIPS - 95 HOMES TOTAL SINGLE FAMILY HOUSES BUILT IN CITIES - 218 HOMES MULTI-FAMILY UNITS: - 52 UNITS 2024 SHERBURNE COUNTY BUILDING AND ESTIMATED POPULATION REPORT 1/30/2025 Page 7 of 13 SHERBURNE COUNTY ESTIMATED 2024 POPULATION 105,196 Townships only - 44,363 Cities only - 60,833 (Figures determined at a rate of 2.5 people per residence or multi-family unit) PERMITS ISSUED IN THE TOWNSHIPS OF SHERBURNE COUNTY TOWNSHIP NEW HOME PERMITS & VALUATIONS ALL OTHER BUILDING PERMITS & VALUE (Does not include Solar Farms) SEPTIC UPGRADES NEW SEPTICS (Does not include hook-ups to cluster systems) BALDWIN 19 5,162,938 317 7,140,285 18 31 BECKER 8 3,376,000 360 15,219,982 24 8 BIG LAKE 15 4,707,000 750 4,270,200 48 15 BLUE HILL 5 1,112,000 117 557,000 9 5 CLEAR LAKE 4 638,000 156 2,117,480 11 4 HAVEN 2 825,000 87 762,002 13 2 LIVONIA 6 1,462,000 277 1,927,000 24 6 ORROCK 25 7,450,000 193 1,752,000 15 25 PALMER 6 1,531,000 143 785,000 12 6 SANTIAGO 5 1,484,000 53 968,000 13 5 TOTALS 95 30,332,977 3591 34,590,852 191 82 NEW HOME / MULTI-FAMILY UNIT PERMITS ISSUED IN THE CITIES OF SHERBURNE COUNTY CITIES NEW SINGLE-FAMILY HOMES MULTI-FAMILY UNITS EAST ST. CLOUD 0 0 PRINCETON 5 0 ZIMMERMAN 52 0 BECKER 12 52 CLEAR LAKE 24 0 BIG LAKE 27 0 ELK RIVER 98 0 TOTALS 218 New Homes 52 Units Page 8 of 13 0 50 100 150 200 250 300 350 400 450 500 200420052006200720082009201020112012201320142015201620172018201920202021202220232024NEW HOME PERMITS New Homes Built Page 9 of 13 0 50000 100000 150000 200000 250000 300000 350000 AVERAGE NEW HOME VALUATION New Homes Built Average Valuation Page 10 of 13 SHERBURNE COUNTY RECORDED PLATS TOWNSHIPS ONLY 1974 18 PLATS - 292 Residential lots 1975 3 PLATS - 10 Residential lots 3 (COMMERCIAL LOTS) 1976 6 PLATS - 143 Residential lots 1977 8 PLATS - 149 Residential lots 1978 7 PLATS - 174 Residential lots 1979 12 PLATS - 227 Residential lots 1980 4 PLATS - 106 Residential lots 1981 1 PLAT - 4 Residential lots 1982 2 PLATS - 21 Residential lots 1983 1 PLAT - 49 Residential lots 1984 3 PLATS - 18 Residential lots 1985 6 PLATS - 44 Residential lots 1986 5 PLATS - 72 Residential lots 1987 8 PLATS - 133 Residential lots 1988 8 PLATS - 131 Residential lots 1989 7 PLATS - 75 Residential lots 1990 9 PLATS - 69 Residential lots 3 (COMMERCIAL LOTS) 1991 5 PLATS - 73 Residential lots 1992 10 PLATS - 168 Residential lots 1993 21 PLATS - 303 Residential lots 1994 14 PLATS - 260 Residential lots 1995 34 PLATS - 268 Residential lots 1996 68 PLATS - 487 Residential lots 30 (COMMERCIAL LOTS) 1997 54 PLATS - 517 Residential lots 1998 38 PLATS - 612 Residential lots 1999 52 PLATS - 523 Residential lots 2 (COMMERCIAL LOTS) 2000 43 PLATS - 383 Residential lots 17 (COMMERCIAL LOTS) 2001 46 PLATS - 446 Residential lots 4 (COMMERCIAL LOTS) 2002 54 PLATS - 461 Residential lots 3 (INDUSTRIAL LOTS) 1 (COMMERCIAL LOTS) 2003 47 PLATS - 531 Residential lots 10 (COMMERCIAL LOTS) 2004 57 PLATS - 579 Residential lots 6 (INDUSTRIAL LOTS) 2005 46 PLATS - 406 Residential lots 2006 30 PLATS - 404 Residential lots 2007 20 PLATS - 187 Residential lots 21 (COMMERCIAL LOTS) 2008 11 PLATS - 23 Residential lots 2009 5 PLATS - 5 Residential lots 2010 4 PLATS - 8 Residential lots 2011 7 PLATS - 10 Residential lots 1 (INDUSTRIAL LOT) 2012 5 PLATS - 5 Residential lots 2013 3 PLATS - 3 Residential lots 2014 10 PLATS - 18 Residential lots 3 (COMMERCIAL LOTS) 2015 9 PLATS - 25 Residential lots 2016 4 PLATS - 16 Residential lots 2 (INDUSTIRAL LOTS) 2017 9 PLATS - 28 Residential lots 2018 13 PLATS - 53 Residential lots 2019 18 PLATS- 151 Residential lots 2020 10 PLATS- 36 Residential lots 2021 21 PLATS- 87 Residential lots 2022 12 PLATS- 56 Residential lots 2023 20 PLATS- 49 Residential lots 2024 11 PLATS- 55 Residential lots Page 11 of 13 SHERBURNE 2024 PLATTED/UNPLATTED ACRES TOWNSHIPS ONLY TOWNSHIP # PLATS RECORDED IN 2024 # PLATTED LOTS ACRES PLATTED ACRES ANNEXED TOTAL PLATTED ACRES TOTAL UNPLATTED ACRES % OF ACRES PLATTED BALDWIN 5 32 157.77 31 7,190 14,951 32% BECKER 1 1 20 295 5,042 28,338 15% BIG LAKE 3 17 57.51 5.9 6,322 19,376 25% BLUE HILL 0 0 0 0 2,377 20,975 10% CLEAR LAKE 0 0 0 121 1,450 22,000 6% HAVEN 0 0 0 0 1,338 20,381 6% LIVONIA 2 5 11.72 0 5,795 14,508 29% ORROCK 0 0 0 0 3,765 19,449 16% PALMER 0 0 0 0 1,412 21,926 6% SANTIAGO 0 0 0 0 1,353 22,001 6% TOTALS 11 55 247 452.9 36,044 203,905 16% Plats Recorded in 2024 Lots Platted in 2024 Acres Platted in 2024 Acres Annexed in 2024 Total Platted acres in Sherburne Total Unplatted acres in Sherburne % of Acres Platted Page 12 of 13 Page 13 of 13