2024 Board of Equalization Proceedings
April 9, 2024
4:00 PM City Hall
Members present: President Carlsrud, Commissioner Bishop, Commissioner Magnuson, Commissioner Gulmon, Commissioner Erickson.
Others Present: City Attorney Martineck, Finance Director Klein, City Administrator Crawford, Administrative Assistant Hintz, City Assessor Current.
Finance Director Klein read North Dakota Century Code sections 57-11-01, 03 and 07 pertaining to the duties of the Board of Equalization.
President Carlsrud declared the hearing open at 4:00 P.M. City Assessor Current reported the changes in property values within the city for 2024. An overall summary was read and submitted. No property owners were present for requests and there were no written requests received in the Auditor’s Department.
| PROPERTY TYPE | CERTIFIED VALUES 2023 | PROJECTED TOTALS 2024 | $ CHANGE | % CHANGE |
| Residential land | $41,712,300 | $41,836,650 | $124,350 | .30% |
| Residential structure | $255,521,200 | $275,418,200 | $19,897,000 | 7.79% |
| Grand Total residential | $297,233,500 | $317,254,850 | $20,021,350 | 6.74% |
| Commercial Land | $41,504,150 | $41,698,250 | $194,100 | 0.47% |
| Commercial Structure | $139,308,332 | $148,217,981 | $8,909,649 | 6.4 % |
| Grand total Commercial | $180,812,482 | $189,916,231 | $9,103,749 | 5.03% |
| agricultural land | $105,700 | $101,500 | ($4,200) | -3.97% |
| GRAND TOTAL agricultural land | $105,700 | $101,500 | ($4,200) | -3.97% |
| TOTAL MARKET VALUE | $478,151,682 | $507,272,581 | $29,120,899 | 6.09% |
City Assessor Current stated 78 Notices of Increase were sent out. No property owners contacted City Assessor Current regarding the notice of increase for 2024.
Commissioner Bishop moved to close the hearing, seconded by Commissioner Gulmon. The motion passed unanimously.
Commissioner Bishop moved to approve the assessment book as prepared by the City Assessor, seconded by Commissioner Gulmon. The motion passed unanimously.
Adjourn
The meeting was adjourned at 4:17 p.m.