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Gardner City Mayor reports LA‑19 assessed-value certification at 95%; communication placed on file
Summary
At the Feb. 26 Gardner City Council Finance Committee meeting the mayor reported the city's FY24 LA‑19 assessed‑to‑market ratio certified at 95% for most property classes; the committee voted to place the communication on file.
The Gardner City mayor told the Finance Committee on Feb. 26 that the city’s FY24 LA‑19 certification from the Department of Revenue, Division of Local Services shows an assessed‑to‑market value ratio of 95% for all property classifications except personal property.
The presentation matters because the Department of Revenue uses that ratio to evaluate whether local assessed values align with market values. "Kudos to city assessor Christine Kumar for the work that she's doing getting us right on the benchmark," the mayor said during the committee discussion.
The mayor said the certification is based on a three‑year lookback required by state statute and that the city’s filing is the last LA required for the fiscal year. City staff noted the personal property ratio was not specified in the committee presentation.
Councilors had no substantive objections and moved to recommend that the full council place the communication on file. The committee voted in favor; the mayor and committee members signaled unanimous support to transmit the item to the full council for formal placement on file.
The filing completes Gardner City’s required local certification work for the current fiscal year; the committee did not set any additional follow‑up or timelines in this discussion.
