The annual meeting of the Fargo City Board of Equalization will be held on Tuesday, April 13, 2021 at 7:30 a.m. in Fargo City Commission Chambers at 225 4th St. N.
The City Commission meets annually as the Board of Equalization to equalize the property tax valuations in the city. Part of this process includes offering an opportunity for individual property owners to appear before the Board regarding their property values. Those feeling their property value for tax purposes is unfair may present their case to the Board at this meeting.
In North Dakota, the standard of value for assessment purposes is market value; this is generally considered what most properties would sell for in a normal market transaction.
Annually, assessment valuations must be adjusted to reflect what properties are selling for in order to comply with state law and ND State Board of Equalization requirements. The City accomplishes this through statistical analysis, reappraisal and value adjustments.
If anyone wishes to appear before the City Board of Equalization, it is recommended that they notify the Fargo Assessor’s Office prior to the meeting. Before the Board takes any action on the appeal, it will likely refer those who fail to make initial contact back to the Assessor’s Office.
The Assessor’s Office will informally review the value of any property upon request of the property owner or authorized agent. Residents who would like the City to conduct a review of their property value are encouraged to contact the Assessor’s Office and make a request. An appraiser will contact the property owner or authorized agent and review all information relating to the value of the property.
The meeting will be available live on The City of Fargo’s social media channels, http://www.TVFargo.com and a live broadcast on the Fargo Access Channel 56.
The Fargo Assessment Department may be contacted by phone at 701.241.1340.