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City Council Agenda Packet 04-12-2004 Special Board of Review / ,- . .. .. AGENDA SPECIAL MEETING - MONTICELLO CITY COUNCIL BOARD OF REVIEW Tuesday, April 12, 2004 - 7 p.m. Mayor: Bruce Thielen Council Members: Roger Carlson, Glen posusta, Robbie Smith and Brian Stumpf 1. Call the special meeting to order. 2. Board of Review - Wright County Assessors Office 3. Adjourn. . ..... ...~ -. Local Board of Appeal and Equalization The Local Board of Appeal and Equalization is typIcally made up of city council members or township board members. They meet during late April and early [Vlay. Taxpayers can make their appeal in person or by letter. The assessor is present to answer any questions and give evidence supporting their value. In order to appeal to the County Board of Appeal and Equalization, a property owner must first appeal to the Local Board of Appeal and Equalization. Summary of Duties 1. The board is to make sure that all taxable property in the township is properly assessed, valued and classified. . 2. If any property has been omitted] the board must correct the assessment by adding it to the list of assessments along with its market value. 3. The board reviews the assessments of each description of real property consisting of land and buildings. 4. The assessments of personal property are also within the board/s jurisdiction. Personal property is limited to mobile homes, storage sheds, decks or similar improvements located in a manufactured home park, structures on leased public lands and railroad operating rights-of-way and leased buildings located on land owned by the occupant and used for purposes of a homestead. 5. The authority of the local board extends over the individual assessments ofiealandpersonal property. The local board cannot increase Dr decrease a class of property by a percentage. (However, the county board can administer this type of change.) 6. The total of all individual assessment adjustments made by the local board must not reduce the aggregate assessment made by the county assessor by more than 1%. If the total of such adjustments is greater than 1 %, none of the adjustments will be allowed. 7. The Local Board of Appeal 'and Equalization can only consider the assessments for the current year. It does not have tne authority to reopen former assessments. 8. The local board can raise the value of a property .ifit believes it is undervalued. However, it must first notify the owner of the property of its intent to raise the valuation. . 9, The local board must establish a quorum (the majority of the members must be in attendance) in order for any valid action to be taken, The local assessor, bylaw, is also required to attend and take part in the proceedings but has no vote. The county assessor, or an assistant, is also required to be in attendance. 10. The board considers any complaints or objections by taxpayers. The complaints may be in the form of a letter or can be presented in person. 11. The local board must complete its work and adjourn within 20 daysfrom the time of convening. Before adjourning, the board must prepare an official list of changes made to the assessment. 12. The local board can elect to transfer its duties to the county board if proper notice is given to the county board] county assessor and taxpayers.