ANNUAL BOARD OF REVIEW
Pursuant to due call and notice thereof this special meeting of the Zumbrota City Council was called to order by Mayor Rich Bauer at PRESENT: Councilmembers David Benson, Betty Jo Grothe, Sue Lewison, Deb Wilkinson. Others present: City Administrator Ron Johnson, Goodhue County Assessor Brad Johnson, Goodhue County Appraiser Peggy Trebil, and a few members of the public.
Brad Johnson explained the assessment process, stating that every year approximately 25% of the city is reappraised. Their goal is to have their appraisals be at full market value, and State Statute mandates that they be at least 90% (but no more than 105%) assessed value to sales amounts for a district, or they will order changes. Johnson stated that the area reviewed in 2000 was only at 84.6% so the following adjustments were made: 10% increase in the area to be done in 2002 and a 5% increase in the 2003 quartile. Johnson also stated that they had to raise the
Duane and Alice Finstuen, 895 Pleasant- Valuation increased from $124,400 to $136,900. Comparable sales were looked at. No action recommended or taken.
Elmer Boller, 325 E 11th St- Questioned square footage listed on his property card. The Assessor’s office offered to visit Mr. Boller and measure house.
Bill and Carol Higdon, 645
The following property owner, not in attendance, expressed his concern via Councilmember Wilkinson:
Don Lochner, 365 E 13th St- Questioned valuation of $307,100. It was noted that this amount has been in place since the 1998 valuation. It is located in an area that will be reappraised next year. No action recommended or taken.
Mayor Bauer adjourned the meeting at
Ronald S. Johnson, City Administrator