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HomeMy WebLinkAbout5.F.6. 2008 Assessing Joint Powers Agreement CITY OF SHAKOPEE Memorandum s: F, 6/ CONSENT TO: Mayor and Council FROM: Gregg Voxland, Finance Director SUBJ: 2008 Assessing Joint Powers Agreement DATE: May 8, 2007 Introduction Council approval for the assessing agreement with Scott County for 2008 is requested. Background The amount is increased from $132,900 to $132,900, a 0.0% increase. The number of valuations in Shakopee was about 13,290 last year and 13,630 this year. This is a 2.5% decrease in the per valuation cost compared to a 2.0% increase last year. Also authorized by the Legislature is the option to transfer the Board of Review duties and powers to the County Board of Equalization. The transfer can be permanent or for a specified number of years. There is a three-year minimum for the transfer. Action Move to authorize the proper city officials to execute the assessment agreement with Scott County for the 2008 assessment year in the amount of $132,900. G~VOXland Finance Director H,\gregg\memo\assess06