City of Belfield Tax Equalization Meetin

City of Belfield Tax Equalization Meeting Unapproved Tuesday, April 11th, 2023 – 4:45pm City Hall – 208 Main Street North The meeting was called to order at 4:45 PM (MT) by Mayor Jeff Iverson, with Council Members: Roger Decker, Edward Braun, Kyle Michels present, Brett Northrop absent. Attorney Fetch arrived at 4:54pm. Members of the audience include Natalie Wandler, Stark County Tax Director, Jesse Hoff, Stark County Sheriff’s Department, James Baughman City Employee, Danielle Baughman, Joyce Reisenauer, LuAnne Solberg, Diane Buckman, residents. Stark County Tax Assessor presentation of Taxable Valuation for 2023- The following totals were arrived at by reviewing current sales and market trends in Stark County, but even more so in the small cities within the county. There was a total of 22 usable sales within the small cities, worth a total of 7 residential usable sales in Belfield. There were very few change values, so values are equalized throughout the cities. The market is very strong right now, but the county is within the 90-100% of Market Value required by the State of North Dakota so there will not be an overall increase for 2023. If the county is not within tolerance the state will automatically put the value in tolerance at the State Boards in August. The City of Belfield has 17 Homestead Credits and 13 Veteran Credits that have already been applied in 2023. If you know anyone 65 or older on a very limited income, please let them know about the Homestead Credit. Also, any Veterans that are 50% or more service connected should visit Jessica in the Stark County VA office 701-456-7640 and she can get them what they need to apply for the Veterans Exemption. 2023 Market $59,395,500 2023 Taxable $2,766,798 2022 Market $58,817,500 2022 Taxable $2,740,326 2023 INCREASE $578,000 MARKET VALUE 2023 INCREASE $26,472 TAXABLE VALUE New construction for residential is $165,800 and $0 in Commercial. Public Comments There were no public comments. Natalie Wandler: If anyone has any questions, please refer to me. I will work with the people and will gladly answer their questions for them. Councilman Braun made a motion to approve the Tax Equalization Recommendation presented by Stark County Tax Director. (Braun/Decker) (Michels-Yes, Braun - Yes, Decker – Yes, Iverson-Yes). Motion carried. Discussion: Councilman Braun questioned the city properties to see if they are pertinent and asked why we are paying taxes on the Ambulance Building. Councilman Michels responded most of those properties are river front properties and the Ambulance building is the Ambulance crew quarters. Being no further business, Councilman Michels made a motion for adjournment at 5:00 pm. (Michels/Braun) All in Favor. ATTEST: Jeff Iverson, Mayor Connie O’Brien, Auditor (May 10, 2023) 221823