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City assessor presents land‑value study; commission approves 2025 valuations after appeals
Summary
The city’s assessor outlined a new land‑rate approach and use of CAMA software to bring consistency to property valuations; after staff summarized adjustments and appeals, the commission approved the 2025 true and full values and directed residents to the county appeals process if needed.
The city’s assessor delivered the annual appraisal report and described a new method for valuing land that applies a front‑foot rate in residential neighborhoods and square‑foot rates along Highway 2 for commercial frontage. The change followed guidance from the International Association of Assessing Officers and incorporation of CAMA (CamoVision) tools, the assessor said. "I prioritized coming up with a land rate and then applying a land rate to the value so that there was consistency and equitably," the assessor said.
The assessor told the board that after appeals and adjustments the city's true and full value for 2025 would be $555,486,700, producing a taxable value of $26,126,155. He said notices were sent to property owners who experienced increases of $3,000 or more and 10% or more, and that a local appeal process remains available before the county hearing. "Anyone who had an increase in property value of $3,000 and 10% or more got a note emailed or mailed to them from my office, letting them know of this hearing and their ability to appeal their evaluations," he said.
Commissioners pressed staff on methodology and sources; the assessor said sales ratios and price‑related differential metrics were used to check equity. The residential sales ratio moved from 86.5% to 91.9% after the land‑value adjustments, and commercial results were similarly within state tolerance, he said. The board voted to approve the 2025 evaluations, with commissioners noting that further appeals could proceed to the county board of equalization.
What comes next: property owners who wish to challenge their valuations were encouraged to meet with the assessor’s office first; unresolved appeals will proceed to the county in the next available session.
