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<br />Appraiser Activity: Tax Petition Related Minnesota Tax Court has been established by the Minnesota Legislature for the purpose of hearing only tax related cases. The Court’s judges have expertise in tax laws and apply that knowledge in a manner to ensure that taxpayers are assessed in a fair and equitable way. The tax petition process is a complicated and ever changing part of our business. The entire process continues to consume a large amount of our Commercial/Industrial/Apartment appraiser workload. The table below provides a summary of the petition filings in Washington County over the last five payable years. Petitions related to taxes payable 2023 decreased in the number of
<br />petitions filed by 8.8% or 15 petitions. The only property type that showed an increase in filings is the apartment class. Total value under petitions filed for pay2023 increased roughly 28.8% when compared to the previous year. The residential value under petition had a substantial decrease. The total value under petition increase is a result of the apartment class. These properties have experienced substantial value increases over the last several years.
<br />
<br />Payable Year 2019 2020 2021 2022 2023
<br />Residential 16 12 5 6 4
<br />Commercial/Industrial 123 156 179 149 114
<br />Apartment 22 19 17 15 37
<br />TOTAL 161 187 201 170 155
<br />Payable Year 2019 2020 2021 2022 2023
<br />Residential 18,568,700$ 18,685,600$ 4,333,700$ 7,242,400$ 3,474,200$
<br />Commercial/Industrial 846,459,300$ 1,281,098,600$ 1,336,984,000$ 1,228,442,100$ 925,542,600$
<br />Apartment 432,947,600$ 419,793,700$ 345,661,300$ 278,996,400$ 1,021,577,000$
<br />TOTAL 1,297,975,600$ 1,719,577,900$ 1,686,979,000$ 1,514,680,900$ 1,950,593,800$
<br />Number of Petitions Filed
<br />Value Under Petitions Filed
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