{"id":69075,"date":"2015-04-02T09:46:06","date_gmt":"2015-04-02T14:46:06","guid":{"rendered":"http:\/\/csinewsnow.com\/?p=69075"},"modified":"2015-04-03T08:54:03","modified_gmt":"2015-04-03T13:54:03","slug":"15-increase-recommended-jmst-property-values","status":"publish","type":"post","link":"http:\/\/csinewsnow.com\/?p=69075","title":{"rendered":"15 % increase recommended Jmst property values"},"content":{"rendered":"<p><a href=\"http:\/\/csinewsnow.com\/wp-content\/uploads\/2015\/04\/calculator2.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-69076\" alt=\"calculator2\" src=\"http:\/\/csinewsnow.com\/wp-content\/uploads\/2015\/04\/calculator2.jpg\" width=\"115\" height=\"86\" \/><\/a>Jamestown (CSi) Jamestown property owners this week have been sent letters from City Assessor, Darrell Wollan, concerning calculations on city commercial and residential property for values used for property taxes.<\/p>\n<p>Wollen indicates that the past good year for real estate sales, means values used for property tax calculations are increasing, recommending a 15 percent increase to values for residential and commercial properties in Jamestown.<\/p>\n<p>That\u2019s compared to a nine percent increase last year.<\/p>\n<p>He adds that valuations are in addition to other calculations used to determine a property tax bill.<\/p>\n<p>The actual tax bill for each property will be affected by the amount of new construction in the city and the budgets established by the City Council.<\/p>\n<p>He adds, if property owners do not feel the new value established for their property is appropriate they can contact his City Hall office at 252-5900.<\/p>\n<p>He says, individual appraisals of property are performed, if the owner doesn\u2019t feel the 15 percent increase is warranted on their property.<\/p>\n<p>The proposed increase will come before the Jamestown City Council, acting as the Board of Equalization during a special meeting at on April 14, 2015, at 3-p.m. at City Hall.<\/p>\n<p>North Dakota law, states that the valuation must be within 90 percent of the sales price as an average across the community, the sales ratio.<\/p>\n<p>If the city does not adjust valuations to fall within a 90 percent sales ratio, the Stutsman County Board of Equalization or the State Board of Equalization would have the authority to make the adjustments.<\/p>\n<p>Stutsman County Tax Equalization Director, Tyler Perleberg says residential property outside Jamestown will not see any across-the-board increases in valuation.<\/p>\n<p>Agriculture land will see a 9 percent increase, and the value will also be applied to the agricultural land located within Jamestown city limits.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jamestown (CSi) Jamestown property owners this week have been sent letters from City Assessor, Darrell Wollan, concerning calculations on city commercial and residential property for values used for property taxes. Wollen indicates that the past good year for real estate sales, means values used for property tax calculations are increasing, [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-69075","post","type-post","status-publish","format-standard","hentry","category-jamestown"],"_links":{"self":[{"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/69075","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=69075"}],"version-history":[{"count":2,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/69075\/revisions"}],"predecessor-version":[{"id":69210,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/69075\/revisions\/69210"}],"wp:attachment":[{"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=69075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=69075"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=69075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}