Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Scott County assessor outlines 2026 property assessment, warns of state review if ratios fall outside 90–105%
Summary
Scott County Assessor Michael Thompson briefed the Shakopee City Council on the 2026 property assessment process, noting the county study period, appeal options and that Shakopee’s average residential change was about a 3% increase; he warned state board orders can adjust values after the county process if the Department of Revenue ratios fall outside 90–105%.
Michael Thompson, Scott County Assessor, told the Shakopee City Council on April 21 that the county mailed about 60,000 assessment notices earlier this year and used sales from an October 2023–September 2025 study period to set 2026 values.
Thompson said interest‑rate changes have affected affordability but not the county’s valuation method, which relies on sales. He presented an illustrative example that an average Scott County house at today’s roughly 6% mortgage rate would carry an estimated monthly payment of about $3,390,…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
