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2019.04.16 Work Session Packet (1st) 4141 Douglas Drive North • Crystal, Minnesota 55422-1696 Tel: (763) 531-1000 • Fax: (763) 531-1188 • www.crystalmn.gov Posted: April 12, 2019 City Council Work Session Agenda April 16, 2019 6:30 p.m. Conference Room A Pursuant to due call and notice given in the manner prescribed by Section 3.01 of the City Charter, the work session of the Crystal City Council was held at ______ p.m. on April 16, 2019 in Conference Room A, 4141 Douglas Dr. N., Crystal, Minnesota. I. Attendance Council Members Staff ____ Parsons ____ Norris ____ Adams ____ Therres ____ Banks ____ Gilchrist ____ Budziszewski ____ Revering ____ Deshler ____ Ray ____ Kiser ____ Serres ____ LaRoche II. Agenda of discussion items: 1. Hennepin County Assessing update and preview of Open Book. 2. Commission interview (6:45). III. Adjournment The work session adjourned at ______ p.m. Auxiliary aids are available upon request to individuals with disabilities by calling the City Clerk at (763) 531- 1145 at least 96 hours in advance. TTY users may call Minnesota Relay at 711 or 1-800-627-3529. Hennepin County Assessor’s Office 300 South Sixth Street, Minneapolis, MN 55487 612-348-3046 | hennepin.us To: City of Crystal, Mayor and Council From: Residential Appraisers: Braden Johnson and Ashlei Munneke Date: April 16, 2019 Re: 2019 Assessment and Board of Appeal and Equalization ______________________________________________________________________ The 2019 Open Book meeting is scheduled for Wednesday, April 24th, from 5:00 to 7:00 p.m. Annual Revaluation, Sales, and New Construction Reviews Each year, one fifth of the properties in the city are reviewed and the records are updated. For the 2019 assessment we viewed all single family homes in the east central portion of the city (shaded in light blue). Included is the map of our revaluation area, separated by color, and also the neighborhood map used to determine percentage of growth. The viewing, reviewing, and statistical analysis of all sales that sold between October 1, 2017 and September 30, 2018 in the City of Crystal were made. Summary of the 2019 Assessment Each year the estimated market values are analyzed along with sales data from the market. A recalculation of land and building values were made to all property types. The results of the adjustments for the following property types are: Residential: +9.0% Residential Lakeshore: +8.5% Condos: +16% Townhouses: +7% Double Bungalows: +17.5% Residential Zero Lot Line: +24% Commercial: +8% Industrial: +18% Apartment: +15% The City of Crystal has a total market value of approximately $2,102,507,100. This value includes $9,547,000 in new construction improvements. The overall value increase for all property types in the City of Crystal is 10.9%. The Open Book Processes Value notices are scheduled to be mailed March 20, 2019. Taxpayers with value or classification concerns should contact the assessor’s office. During the initial conversation the property owner may discuss their concerns and review sales information with an appraiser. The majority of the callers are satisfied after a conversation with an appraiser. If additional attention is necessary the appraiser will review the property. The City of Crystal has decided to use the alternative method to the formal Local Board of Appeal and Equalization meeting held by the city council and mayor and hold an informal open book meeting. During an open book meeting, the valuation and classification issues are handled by the assessor’s staff on a one‐on‐one basis with the property owner. The open book meeting allows property owners to address questions about their property assessment directly to the assessing staff. Homeowners should still call the number listed on their value notice in March to address questions and set up interior inspections prior to the open book meeting. If homeowners concerns are addressed prior to the open book meeting and the homeowner is satisfied with the results, the homeowner would not need to attend the open book meeting. If the homeowner is unsatisfied with the results of their property value or classification after speaking with an assessor they can appeal their value to the County Board of Appeal and Equalization. The County Board of Appeal and Equalization will begin meeting on June 17, 2019. All requests for appointments at the County Board must be received before May 22, 2019. To make an appointment, taxpayers should call 612‐348‐7050. If you have any questions or concerns, please contact Braden or Ashlei at 763.531.1116.