2. Tax Equalizatn Bd reconvened - Laserfiche WebLink

Appeal of Bauske Residence at 501 23rd St South, Fargo Attached is a recommendation from the Fargo Assessment Department recommending retaining the current value on the property. After inspecting the property and reviewing the taxpayer's concerns, I also concur with that recommendation. Mr. Bauske indicates that the increase in valuation from $99,600 to $146,000 is too large an increase for one year. He indicates that he has made no improvements, other than to build a pole building 13 years ago at a cost of$12,OOO. He indicates that he is located next to a mobile home park and that the neighborhood has some drawbacks. I did inspect the property and visited with Mr. Bauske (see e-mail for photo). The taxpayer indicated to me that he is concerned that other property is not being assessed at market and that property is not being inspected every year. Mr. Bauske did not want to go on record on what types of properties or which neighborhoods he felt were not equitably assessed. In North Dakota, there is no limit on the amount an assessment can increase. However, the end result needs to represent market value and that the assessment is equitable. If Mr. Bauske is concerned that equity is not being achieved, it is incumbent upon him to discuss any perceived inequities with the assessment officials. Mr. Bauske has not provided any documentation indicating that the assessment exceeds market value or that the assessment is systemically inequitable. Therefore, I concur that the assessment should be retained as equalized by the Fargo City Board of Equalization. Suggested Motion: "I move that the assessment at 501 23rd St S, Fargo be retained, as equalized by the City of Fargo and as recommended by the Director of Equalization."