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HomeMy WebLinkAbout6A - Board Of Review Hearing STAFF AGENDA REPORT AGENDA #: PREP ARED BY: SUBJECT: DATE: ;~NK BOYLES, CITY MANAGER1{1~ 1996 BOARD OF REVIEW V MAY 6,1996 BACKGROUND: Under Minnesota statutes the City Council acts as the Board of Review each year to consider resident concerns about the valuation which is placed on their property by the County Assessor as of January 2. This evening, the Council will be acting as Board of Review for this purpose. DISCUSSION: County Assessor Leroy Arnoldi has conducted assessment of one fourth of the properties within the City of Prior Lake in accordance with state statute. As a result of his work he will provide the City Council with an oral report which summarizes his findings. The Council, acting as the Board of Review, should listen to questions and concerns raised by residents about the value which has been placed upon their property as of January 2, 1996. Mr. Arnoldi will attempt to immediately respond to questions which do not require significant additional research. In some cases it may be necessary for Mr. Arnoldi to research the question and return to the Council when and if the Board of Review is reopened on May 20. The local Board of Review is the first of numerous opportunities afforded to taxpayers to appeal the value of their property as of January 2, 1996. In order to proceed to the next step, the property owner must perfect their appeal at the previous step. To perfect the appeal, the person must send a letter documenting their concerns or address their concerns in person to their local Board of Review. ISSUES: The only issue in question is whether or not the valuation of the property is accurate when compared with other like properties as of January 2, 1996. The amount of property 16200 ~~6~k Ave. S.E., Prior Lake. Minnesota 55372-1714 / Ph. (612) 447-4230 / Fax (612) 447-4245 AN EQUAL OPPORTUNITY EMPLOYER taxes is a separate matter which is considered as part of the budget hearing and truth in taxation process. RECOMMENDATION: The Council should provide Mr. Arnoldi the opportunity to make a presentation with respect to assessment trends this year. The public should then be allowed to present their concerns with respect to this year's valuation. Questions which cannot be answered this evening should be referred to Mr. Arnoldi for further research. A report will be presented to the City Council prior to reopening the hearing on May 20 if necessary. After everyone has been heard, the Council should continue the Board of Review until May 20, 1996 at 8:00 p.m. or, if all questions have been answered satisfactorily, adjourn the Board of Review. AG60506A.DOC Form No. A. F. 4 - Notice to Clerk of Meeting of Board of Review - *Equalization. !I@.!> Poucher, Mpls. OFFICE OF COUNTY ASSESSOR TO THE CLERK OF THE City OF Prior Lake Scott COUNTY, MINNESOTA: NOTICE IS HEREBY GIVEN, That the at 8: 00 o'clock P. 6th day of May, 1 9 9 6 M., has been fixed as the date for the meeting of the Board of Review- (Strike out one) *€~t:taH~tel"l'--in your c i t Y for said year. This meeting should be held in your office as provided by law. Pursuant to the provisions of Minnesota Statutes Section 274.03, you are required to give notice of said meeting by publication and posting, not later than ten days prior to the date of said meeting. Given under my hand this 14th day of February ,19 96. ~ T{)~ County Assessor Scott County, Minnesota *Applies only to Cities whose charter provides for a Board of Equalization instead of a Board of Review.