City Board weighs cost of independent property assessment to save taxpayers money

The Dickinson City Board of Equalization convened on April 9, 2025, to address key issues regarding property assessments and potential reevaluation processes. The meeting focused on the implications of a citywide property revaluation and the financial considerations involved.

The discussion began with board members reflecting on the historical benefits of the current assessment system, which has been in place for 25 years. Concerns were raised about the potential shock to property owners if a reevaluation were to occur. One member suggested the possibility of hiring an independent assessor to aid in the process, acknowledging that this would incur costs to the public.

The board examined the feasibility of a citywide revaluation, with one member referencing a previous proposal by Mr. Hirschfeld for a six-year plan. The consensus leaned towards avoiding a full valuation at this time, primarily due to the significant costs involved, estimated at nearly $2 million. Instead, the board highlighted the importance of continuing the current assessment practices, which have reportedly saved citizens approximately $1.8 million over the years.

As the meeting progressed, members discussed the need for transparency and communication with the public regarding the assessment process. They acknowledged that while the current system may cause some discomfort, it has been designed to minimize financial burdens on residents.

The board concluded the meeting by agreeing to compile a list of properties for further discussion in future sessions. They emphasized the importance of making informed decisions and the potential for continued dialogue on the assessment strategy moving forward. No final decisions were made during this meeting, as the board plans to revisit these discussions in subsequent gatherings.