1. Tax Equalization convened - Laserfiche WebLink

Auditor Michael Montiplaisir, CPA 701-241-5601 Treasurer Charlotte Sandvik 701.241-5611 Director of Equalization Frank Klein 701-241-5616 RECEIVED 2O05 May 23, 2003 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 2, 2003 at 3:30 PM. The order of business will be to review the assessments of the cities and townships and to hear any appeals. I'm estimating that the taxable valuation will increase about 5% to about $293 million. Agricultural land has been decreased about 4% from last year due to a change in the legislative formula for calculating agricultural land assessments. I'm recommending that the County Board of Equalization raise the residential lot and structure values in numerous townships and cities (attached). Our sales/ratio study for residential property in rural Cass indicates that we are not in compliance with the 95%-105% tolerance allowed by the State Board of Equalization. These changes will bring us within an acceptable tolerance. I'm also recommending that Cass County approve several inundated land classifications (attached). As of today, several taxpayers from a rural township have asked Cass County to review the residential assessments for inequities within the jurisdiction. We are currently reviewing the assessment and will most likely need to make some individual increases in assessments. I'm also recommending that the Board make individual increase changes in a smaller city, rather than an across the board adjustment. I would suggest that we notify those individuals and reconvene the Board of Equalization on June 16th . Otherwise, I'm not aware of any other appeals. Box 2806 211 Ninth Street South Fargo, North Dakota 58103 Fax 701.241-5728 Sincerely, Frank Klein Cass County Director of Equalization Enclosures www. casscountygov, com