3/1/2017 3:42:00 PM Dodge County property tax statements in mail
Ryan DeCook, SAMA,
Director of Land Records,
Property tax statements will soon be in the mail. The Notification of Valuation and Classification form will be delivered with the tax statements and it shows the following year's valuation and classification. Taxpayers may notice that their valuation is increasing with the market or they may find that the valuation of their property has increased significantly. Taxpayers should review these forms so they can budget and plan for the future appropriately. If taxpayers disagree with changes to their valuation or classification they should call our office at (507) 635-6245.
Our goal is to make sure everyone has a fair and equitable valuation. We understand that increasing property tax is frustrating for most of the public. Taxpayers are encouraged to look for tax relief programs like Property Tax Refund when having difficulty adjusting to the increasing property tax burden.
Most homeowners will see an increase in their market valuations. Special attention should be paid to those properties with a value that increased more than 10 per cent. If the property value was low, an adjustment was necessary. The Assessors' Office is required to value property at its market value. The Department of Revenue measures the Assessors' performance by comparing county property value to properties that have sold. If assessors' valuations are outside of a 90 to 105 per cent range, changes must be made or property in the county is subject to State Board Adjustments. If the assessors' do not adjust valuations, the Department of Revenue has the authority to make those adjustments.
One common misconception is that the assessors are directed by county officials to increase values. The county does not make any extra money when property values increase. Minnesota uses adjustable tax rates. If the budget stays the same and your property tax increased, someone else's property tax decreased. The budget may be thought of as a pie. It is a certain size and your slice of the pie is determined by the valuation of your property in comparison to other properties in the county. If your property is significantly undervalued the rest of the county has been paying the difference and your slice was smaller than it should have been. In other words, if your value was less than it should have been, you have been getting a good deal in comparison to property that was correctly valued.
Please feel free to call the office at (507) 635-6245 or stop by the Government Services Building at 721 Main Street N in Mantorville to get your questions answered.