1. Tax Equalization Bd convenes - Laserfiche WebLink

CASS COlJNIY GOVERNMENT ..a.. Auditor Michael Montiplaisir, CPA 701-241-5601 Treasurer Charlotte Sandvik 701-241-5611 Director of Equalization Frank Klein 701-241-5616 Box 2806 211 Ninth Street South Fargo, North Dakota 58103 Fax 701-241-5728 www.casscountygov.com RECEIVED MAY 2 7 2005 May 27,2005 CASS COUNTY COMMISSION Cass County Board of Equalization 211 9th St S Fargo, ND 58103 Dear Board Members: The Cass County Board of Equalization is scheduled for Monday, June 6th, at 3:30 PM. The order of business is to review the assessments of the cities and townships and to hear any appeals. For 2005, I've raised the agricultural valuation 10.2%, to bring the assessment in compliance with statutes, pursuant to SB 2188. Our county average true and full value will be approximately $537 per acre. In North Dakota agricultural assessments are based on a legislative productivity formula, rather than a market value approach. Chapter 57-12 County Board of Equalization is enclosed for your reference. North Dakota statutes require residential and commercial property to be valued at market value. I'm currently reviewing the assessments that were returned by the cities and townships. I've also spot checked certain property assessments. I'm also reviewing individual assessments of certain concerned taxpayers. Some assessment jurisdictions will require adjustments across the board and other jurisdictions will need assessments adjusted individually. It is my recommendation to hear any individual appeals and then recess until the June 20th Commission meeting. In the interim, I will investigate the appeals and provide a recommendation to the Board. The Fargo Assessor and West Fargo Assessor will not be present on June 6t\ due to a scheduling conflict. They will be available on June 20th, however. The only action that I'm asking the board to take today is to approve three inundated land applications (see attachment). If you have any questions or would like additional information, please contact me at 241-5617. ~~ /(~ Frank Klein Cass County Director of Equalization Enclosures (2)