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A. Update on Carver County Board of Review, Angie Johnson, Assessor. CITY OF CHANHASSEN 7700 Market Boulevard PO Box 147 Chanhassen, MN 55317 Administration Phone: 952.227.1100 Fax: 952,227,1110 Building Inspections Phone: 952.227.1180 Fax: 952.227.1190 Engineering Phone: 952.227.1160 Fax: 952,227,1170 Finance Phone: 952.227.1140 Fax: 952,227.1110 Park & Recreation Phone: 952.227.1120 Fax: 952,227.1110 Recreation Center 2310 Coulter Boulevard Phone: 952,227,1400 Fax: 952.227.1404 Planning & Natural Resources Phone: 952.227.1130 Fax: 952,227.1110 Public Works 1591 Park Road Phone: 952.227,1300 Fax: 952.227.1310 Senior Center Phone: 952.227.1125 Fax: 952.227.1110 Web Site www.ci.chanhassen.mn.us MEMORANDUM TO: Todd Gerhardt, City Manager FROM: Laurie Hokkanen, Assistant City Manager DATE: June 8, 2009 A - - ~ SUBJ: Guest Presentation from Angie Johnson, Carver County Assessor BACKGROUND The City of Chanhassen contracts with the Carver County Assessor's Office to perform property assessing duties for parcels within the City of Chanhassen. In 2007, we entered into a 3-year agreement to engage in the Open Book Process, whereby residents or businesses who wish to question their property valuation do so with County staff, rather than appearing before the local Board of Appeal and Equalization. Feedback on this process has been positive. Angie Johnson, Carver County Assessor, will be present to discuss Chanhassen property value changes for 2009. RECCOMENDA TION No action is requested on this item. G:\Admin\LH\Carver County\09 Assessor's update. doc Chanhassen is a Community for Life. Providing for Today and Planning for Tomorrow City of Chanhassen 2009 Assessment Summary Apartment Other Total 2009 EMV $2,894,335,700 $456,737,400 $45,925,900 $63,180,800 $3,460,179,800 2008 EMV $2,954,649,900 $418,461,500 $39,689,900 $76,017,800 $3,488,819,100 Total Value Change ($60,314,200) $38,275,900 $6,236,000 ($12,837,000) ($28,639,300) New Construction $37,564,500 $7,933,400 $2,653,900 $1,000 $48,151,800 Market Change ($97,878,700) $30,342,500 $3,582,100 ($12,838,000) ($76,791,100) % New Construction 1.30% 1.74% 5.78% 0.00% 1.39% % Market Change -3.31 % 7.25% 9.03% -16.89% -2.20% 2009 Total % Increase -2.04% 9.15% 15.71% -16.89% -0.82% Chanhassen Value Distribution 2009 . Commercial! Industrial 12% . Commercial/In dustrial o Apartment o Apartment 1% OJ Residential o Other 13 Residential 84%