1. North Dakota League of Cities Elected Officials Workshop 2016
Linda Leadbetter
State Supervisor of Assessments
Office of State Tax Commissioner

2. Levies & Reporting Elected governing boards determine levy
Non-elected board submits a REQUEST for a levy
Reports of all revenues, expenditures, fund balances, and complete budget submitted to the governing body prior to approval of tax levy (NDCC (77))

3. Levies & Reporting
Any entity authorized to levy or have a levy on its behalf must file a financial report with the county auditor
Preceding calendar year
Including ending fund balances (NDCC )

4. Levies & Reporting Effective for taxable years after 2014
Levy Limitation Schedule
Statute providing the levy, uses, and limit
Reference statute requiring special approval
Levy number repealed
Balance of special fund transferred to general fund & close special fund

5. Homestead Credit 65 years or older OR Permanently and totally disabled
Income may not exceed $42,000
Assets may not exceed $500,000
Maximum value of the homestead eligible for the credit is $125,000
Special assessment - Lien

6. Disabled Veteran Credit
Land and improvements of a homestead of a disabled veteran or surviving spouse
Armed Forces disability of 50% or greater
Maximum value of homestead eligible for the credit is $150,000
Credit terminates at the end of the taxable year of the death of the applicant.

7. Assessments & Equalization
Property is assessed according to its value on February 1 each year
Assessors complete duties during a 12-month period preceding April 1 of each year
Provide written notice of increase if property assessment increased 10% or more and $3000 or more than the previous year

8. Assessments & Equalization
City Board of Equalization meets second Tuesday in April (NDCC 57-11)
Ten days prior to alternate meeting date post a notice at usual meeting place and publish in official newspaper
Prior notice required if Board proposes a cumulative increase greater than 15%
Recess/Reconvene

9. Assessments & Equalization
Within ten days of final meeting, city auditor provides record of changes and proceedings to the county auditor
Importance of local equalization
County Board of Equalization (NDCC 57-12)
State Board of Equalization (NDCC 57-13)

10. Questions?

11. Linda Leadbetter, State Supervisor of Assessments
nd.gov/tax