Laserfiche WebLink
( <br />c <br />c <br />SUMMARY <br />Minnesota Statutes, Section 274.01 provides that the town board of each township and <br />the governing body of cities shall be the board of appeal and equalization . The board is <br />to review the assessment and classification of property in their township. <br />The county assessor sets the dates for boards of appeal and equalization to meet in his <br />county. lie must notify the clerk of the various dates on or before February 15 each year. <br />The meetings are held between April 1 and May 31 . <br />Duties of Local Boards of Appeal and Equalization <br />1. See that all taxable property in the township is properly assessed, valued and <br />classified. The board may consider both real and personal property. <br />2. If any property has been omitted, the board must correct the assessment by adding it <br />to the list of assessments along with its market value. <br />3. The assessments of each description of real property consisting of land and buildings <br />arc reviewed by the board. <br />4. The assessments of personal property are likewise within the board's iurisdiction. <br />Personal property is limited to mobile homes, storage sheds, decks or similar <br />improvements located in a manufactured home park, structures on leased public lands <br />and railroad operating rights-of-way and leased buildings located on land owned by <br />the occupant and used for purposes of a homestead. <br />5. The authority of the local board extends over the individual assessments of real and <br />personal property. The board can't increa.se or decrease by percentage all of the <br />assessments in the district of a given class of property. Changes in the aggregate <br />a.sscssmcnts by classes arc made by the county board of equalization. <br />(>. Although the local board of appeal and equalization has the authority to increase or <br />reduce individual assessments, the total of such adjustments must not reduce the <br />aggregate assessment made by the county assessor by more t -.an one percent of said <br />aggregate assessment. If the total of such adjustments docs lower the aggregate <br />assessment made by the county assessor by more than one percent, none of the <br />adjustments w ill be allowed. This limitation doesn't apply, however, to the correction <br />of clerical errors or to the removal of duplicate assessments.