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2012-04-11 CC Packet
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2012-04-11 CC Packet
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City of Centerville <br />The goal of a good assessment is a COD of 10 to 20. A COD under 10 is considered <br />excellent and anything over 20 will mean an assessment review by the Department of <br />Revenue. <br />Price Related Differential (PRD): This statistic measures the equality between the <br />assessment of high and low valued property. A PRD over 100 indicates a regressive <br />assessment, or the lower valued properties are assessed at a greater degree than the <br />higher. A PRD of less than 100 indicates a progressive assessment or the opposite. A <br />perfect PRD of 100 means that both higher and lower valued properties are assessed <br />exactly equal. <br />Current Sales Study Statistics <br />The following statistics are based upon ratios calculated using 2010 pay 2011 market values <br />and October 2010 - September 2011 sales. These are the ratios that our office uses for <br />citywide equalization, checking assessment accuracy, and predicting trends in the market. <br />Statistic <br />2012 <br />Median Ratio: <br />94.8 <br />Aggregate Ratio: <br />94.6 <br />Mean Ratio: <br />93.5 <br />COD: <br />4.9 <br />PRD: <br />100 <br />2012 Anoka County Ratio Study <br />Municipality <br />Sales <br />Median Ratio <br />Coefficient <br />County of Anoka <br />1148 <br />94.5 <br />7.5 <br />Andover <br />128 <br />94.0 <br />6.8 <br />Anoka <br />60 <br />96.4 <br />8.8 <br />Blaine <br />264 <br />94.6 <br />7.3 <br />Circle Pines <br />28 <br />94.2 <br />7.2 <br />Columbia Heights <br />81 <br />93.9 <br />8.8 <br />Coon Rapids <br />168 <br />94.8 <br />6.1 <br />Fridley <br />72 <br />95.1 <br />8.4 <br />Lino Lakes <br />77 <br />94.3 <br />8.3 <br />Columbus <br />7 <br />94.5 <br />3.6 <br />Spring Lake Park <br />12 <br />94.2 <br />6.4 <br />14 <br />
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