RES 1977-73 - 00007156RESOLUTION NO. 73 - 1!977
A RESOLUTION REQUESTINT THE COMMISSIONER OF REVENUE TO BRING
ALL COUNTIES UP TO THE ASSESSMENT RATIO REQUIRED BY LAW.
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 Minensota 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. Individual municipalities
ranged from a low of 60.811 limited value in Watertown, Carver County, to a high of
94.6% in Edina, Hennepin County, with a low of 66.9% market value in Watertown to
a high of 107.6% in Champlin, Hennepin County, 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 assess-
ment levels between counties,
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Fridley
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 Fridley 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
BE IT FURTHER RESOLVED that the City Manager forward a copy of this
Resolution to the Commissioner of Revenue and to our state senator and representatives.
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS IST DAY OF
AUGUST, 1977.
ATTEST:
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CITY CLERK — MARVIN C. BRUNSELL
MAYOR - WILLIAM J. NEE
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