Minutes of the Special Board of Review Workshop Meeting of March 22, 2010
Ms. Rinehart provided an overview of commercial/industrial ratio recap assessments 2010, payable 2011 ~ countywide ratio at 98.71%. She reported that taxable commercial/industrial properties in the City overall decreased 9.5%. Discussion ensued on the trend towards Green Acres classification of commercial property by vacant landowners.
Councilmember Herbst noted tax concerns by owners of 30,000 to 40,000 square foot industrial buildings. Ms. Rinehart advised that an income approach can be taken to determine assessments if property owners are willing to provide income information.
Board of Review Chair Daniels requested that the 2010 Local Board of Appeal and Equalization County Assessor’s Report include information on statistics of delinquent taxes. Ms. Rinehart indicated that an estimate on these figures will also be provided to city staff.
Anoka County Staff answered questions of the City Council and the Board of Review on assessment trends in Anoka County.
There was discussion on foreclosures, short sales, and relocations not being allowed as a basis for valuations according to State statutes, as well as the influence of these sales in the market.
Discussion ensued on the effect of the valuation on commercial properties in the area of the overpass and the valuation of large apartment complexes with a high number of empty units.
Board of Review Chair Daniels stated it will likely be necessary to limit speaking time for individuals present at the Board of Review meeting in order to be fair and allow time for others waiting to state their case. She reported on the following recommendations made at the recertification class for Board of Review members:
Appeal decisions are to be made by the Board of Review at the end of the meeting after the public testimony is finished.
Appeal letters submitted without the property owners present are not to be passed on to the County without action by the Board of Review.
Letters informing individuals of the Board’s appeal decision are to be sent by the City Clerk.
Board of Review Member Pekarik stated it was also recommended at the recertification class that rather than referring open items to the County Assessor’s Office, a second session is to be scheduled for the Assessor and property owner to appear before the Board after meeting together.
It was noted that the Board of Review meeting is scheduled for April 19, 2010 at 7:00 p.m. Consensus was reached to tentatively schedule a second Board of Review meeting for May 3, 2010 if it was necessary to reconvene.
Board of Review Member Pekarik stressed the importance of educating the public regarding the appeal process. Anoka County Staff reported on information included on the County website for individuals to prepare for the appeal process. A link will be provided for the City website.
Consensus was reached that the technology at the Board of Review meeting is to include a display on the public and Board members’ monitors linked to the laptop that will be utilized for comparables through the MLS system.