HomeMy WebLinkAboutResolution - 77-93 - Requesting Tax Commissioner to Correct Assessment Inequities - 08/02/1977 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 77-93
A RESOLUTION REQUESTING THE STATE TAX COMMISSIONER
TO CORRECT ASSESSMENT INEQUITIES
WHEREAS, the equitable assessment of real property values is absolutely
essential in order that taxes levied by governmental units which transcend municipal
and county boundaries will be fair, and
WHEREAS, studies prepared by the State of Minnesota Department of Revenue show
that there is great disparity among the seven counties in the metropolitan area,
with the 1976 sales assessment ratio study of residential properties showing, for
example, that Hennepin County's limited value ratio was 84.4%, and its market value
ratio was 96.3%, while Anoka County's limited value ratio was 89.5% and its market
value ratio was 92.7%, and at the low end were Scott County's 73.9% limited value
ratio and Dakota County's 81 .5% market value ratio, and
WHEREAS, 1973 legislation limited current year assessments for selective
property classes to a 5% increase in the preceding assessment valuation, and a 1975
amendment provided that all property classes were limited to an increase in valuation
for 1975 and subsequent years of 10% of the previous valuation, or 25% of the
• difference between the current estimated market value and previous years' limited
market value whichever is greater, and
WHEREAS, the introduction of "limited" market value greatly complicates the
problems of securing equitable assessments,- and
WHEREAS, the authority of municipal and county boards of review to make overall
changes in values is severely limited by statute, and
WHEREAS, the Commissioner of Revenue of the State of Minnesota constitutes the
State Board of Equalization and is empowered to reduce wide disparities in assessment
levels between counties,
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Eden Prairie
that the Commissioner of Revenue of the State of Minnesota be requested to take
immediate action to secure a uniform level of assessment among the seven counties
in the metropolitan area by raising assessment levels in Carver, Scott, Dakota,
Ramsey and Washington Counties, and
BE IT FURTHER RESOLVED that the attention of the members of the House and
Senate representing Eden Prairie be called to this entire problem with the request
that they make every effort possible to secure whatever changes are necessary in the
"limited value" statutes so that application of this feature will not hinder the
establishment of a uniform level of assessment, and
Resolution No. 77-93 Page Two
j
BE IT FURTHER RESOLVED that cities in Hennepin and Anoka Counties and the
Hennepin and Anoka County Boards of Commissioners be urged to make similar requests
to the Commissioner of Revenue and to their respective legislators
ADOPTED by the City Council of the City of Eden Prairie on this 2na
day of August 1977.
C
fgaVgqH Penzel , Mayor
SEAL
ATTEST:
Joh . Frane, ty Clerk
n
AGGREGATE SALES-ASSESSMENT RATIO
INDICATED MARKET VALUE
1974 1975 1976
Res. Res.
County Aggregate Indicated
Wide Ratio Mkt Lmtd Mkt Lmtd Mkt
ANOKA 88.0* 88.0** 88.9*** 88.9 93.2 89.5 92.7
CARVER 77.2* 79.0** 78.8*** 81.5 90.9 75.8 81.9
DAKOTA 79.3* 80.7** 80.9*** 81.8 85.8 80.2 81.5
HENNEPIN 88.1* 88.3** 89.3*** 89.6 96.2 84.4 96.3
RAMSEY 72.8* 72.7** 74.4*** 74.4 86.1 74.7 86.7
SCOTT 74.1* 75.2** 73.9*** 74.7 91.4 73.9 88.6
• WASHINGTON 74.5* 76.3** 76.4*** 78.6 83.2 77.9 86.2
EDINA 92.1* 92•.1** 93.8*** 93-8 97.7 94.6 97.1
Eden Prairie 88.3 88.6 92.3 92.3 96.4 90.6 96.8
STATE - - 80.9(p 114) - - - -
* Table 1 - 1974 Ratio Study, Department of Revenue
** Table 2 - 1974 Ratio Study, Department of Revenue
*** Table 1 - 1975 Ratio 'Study, Department of Revenue
**** Table 2 - 1975 Ratio STudy, Department of Revenue
*ASSESSMENT UNIFORMITY
COEFFICIENT OF DISPERSION
1956 1968 1970 1972 1973 1974 1975
ANOKA - Residential . 8 9.4 11.6 0.1 9.5 9.7 9.7
CARVER - Residential 21 16.6 16.6 13.4 15.8 15.2 12.6
DAKOTA - Residential 15 10.7 12.5 10.9 11.6 .11.5 11.8
HENNEPIN - Residential 9 10.1 11.2 9.6 10.0 10.8 10.8
RAMSEY - Residential 9 16.8 14.0 13.2 13.2 13.3 13.6
SCOTT - Residential 14 17.1 15.6 14.9 15.5 16.6 15.3
WASHINGTON - Residential 20 13.3 15.3 13.7 13.7 14.2 11.6
Excellent - 1.0 - 9.9
Reasonable - 10.0 - 19.9
Questionable - 20.0 - 29.9
Unacceptable - 30iO & Over.
* p. 201 1975 Ratio Study, Department of Revenue