04/04/2011 Council Packet - Laserfiche WebLink

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Anoka County City of Lino Lakes Valuation Notice Back Appealing the value or classification of your property Informal appeal options — Contact your assessor ff pork have ttoesiares or disagcewath the dasaica1ai cr estimated market rake ice yxr properly for 2011, please contact your assessors office test to discuss yep 0710Brnt. O tm your Issues ern be =dyed et fns level, Contact inforriatiat for you assessrx's Ace is on the other side of this Wee. Sane Prealootions choose b had open bottle meetings to anew property owners to demise they concetrrs path Pe assessor friths is an option await* to you; the meeting irne{s} and bcaborts} will be indrat d en the other tide d ties rile. Formal appeal options If your questions or concerns are mom a assessor, you have two Iwma appeal . Option 1— The of Appeal ono' Equalization You may appear bee the Boards a and Egtaafiabon m person, lira* a ice, fit trcup a representative auntor¢ed by you The ntcet ng tares and hxafians are tit the deter ride et fhFs make You must have presented your case to the Local Beard of Appeal and Equalization BEFORE appealing to the County Board of Appeal and Eglaflzakit Step 1 —Local Boatel of Anneal and Eauafnahon If you beiche your rake at dassdelion is edareri yw may hag re t11ee to the Local Board et Appeal ad Ecticezadln. Please nomad ytu assessors ate her rue rift:m atte ff yv, ay a boost* re kxlgtx has a Local Board cf Appeal and Eat izahan (as exicated en the aka side et trots nonce) you may appeal dearly to the Courty Board of Appeal and Espatzabort Step 2 — County Board of Appeal and Ettwaatiom If the Uscal Bead of Appeal and Etli iiation old nu reselvee your concerns, }raft may Ping your core to the Corn Bold tiAppeal and E ped:atbrt. You must cal m advance to get on the agenda Please cola/ *amity as sloes offee to get on the agorae rr for rrtrxe rfa mater Option 2 — Minnesota Tax G the type of appear you may take par case to ether the ladder or the Reigate Division of Tax Coot You have unit year in which taxes are payable to fie an appeal waif the 1 lrision u the Regtiar Drvb ken of Tax Cart for you 2011 dam -A:ale n. For more irnbmtaEiorn, =tact t the Itbnneeaa Tax Phone: 651 - 2962806 or 1.8E0-S27 -3529 websile: wwvr.taxcvfrist telrn.us Page 60 Definitions Dis. Vete Homers ead Market Value Quat1y'+g disabled veterans may be eligible valuations eoiclusion on thug homestead property. Estimated Market Value — This value is what the assessor estimates your property world likely set for on the open market Green Acme — Ippbes to cuss 2a agricultural property that is taring increasing values due to development per. s9ures rot related to the agrioItural value of ase it This value is de^:errnened by looking at Out comparable apinttnrai land is setting for n areas where there is rap ehveioprnent pressure. The taxes on the higher value are deferred keel the property is sold, t*arl:steed, into:been, re no longer piddled for eve program. oaz - Quualitymg businesses Wein a Job Opportirity Business Zone may be eligible der a patia` property tax exclusion, Plat Determent — For Lind tat has been recently Planed (divided into individual lots) but not yet improved with a structure, fine increased market value due to plattn) is phased in over time. ff construction begins, or if Ire tai is sod' belcre expiration cl phase-in period, the bt wit be assessed at fill market sabre in the next assessment Rural Preserve — NEWfor the 2411 Assessment - Apples b doss 2a agriesli+rai and bass 2b Meal vacant lard that s pan of a farm homestead or that had p eviaasfy been enrolled in Green Acres_ This value is de:ennired by looking 1 what comparable farmlands selling for it areas with no development pressure. The axes on he higher value are deferred so kng as the property is under a covenant ag•eemenrt and abelrg by the terns of a coreervakon a<sessmerm pan, Taxable Market Value — This is the Value hat your property taxes are wisely based on, after all reductions, exclusions; exerrgeboris, and deferrals. Your 2011 value, along wit+ the class rale and the budgets of your local government, writ determine how much you w[T pay in taxes in 2412. This Old House Esd s cn— This program expired with the 20€33 assessment i krwe+er, property may sM be re wing the value exclusion under this program. Qualifying properties wits improvements that increased he esimated market van by b5,c00 or mane were eigbie to have some o1 he value deferred b a madman d 10 yeas. After this me, the deferred value is phased n. Vaka of New tmprc vernrsb —This is the assessor's estimate 0f to value 0f new fir prenc+c*1y akassessed improverrxls s you have mark to your property, web. kv. : °.Sena mate net sc