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Organizational Performance

Taxation

Level of assessment ratio (median between 90% and 105% is acceptable)
Minnesota Department of Revenue (DoR) guidelines require median assessment ratios to fall between 90 percent and 105 percent annually or be subject to adjustment by the State Board of Equalization.

Assessment ratios are calculated by dividing home sales prices into their assessed market values.

2010:  97%
2012: 100%
2013: 97%

Last updated: 6/9/2014 10:21 AM