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With respect to the effect of these new sales had on the overall market value of the City. <br />For last years assessment, we saw a total taxable market value of $304,090,311. Upon <br />the application of the new sales information gathered this past year, the total market value <br />of the City (tax base) rose by 4.6% to $322,941,237 for this 2016 assessment. Included <br />in this new overall market value is $4,866,400 in new construction. <br />Looking Forward <br />Presently there are 13 qualified sales of record for next year's 2017 assessment. <br />Comparing these 2016 market values to the sales prices observed, a median sales price of <br />92% is observed. If this present trend continues, we will most likely see continued <br />overall growth in market values for next years' assessment. <br />Closing <br />As your City Assessor, it is my priority to represent your community with utmost dignity <br />and respect, and to make every property owner feel as though they are being heard. <br />Obviously, I'm not able to tell everyone just what they want to hear, but it is my hope <br />that through explanation, and discussion, there can be a better understanding. <br />If there are any questions from members of the City Council or City Staff, or City <br />Residents, please do not hesitate to call me. I am available to City residents always <br />during normal business hours and by appointment on evenings and weekends. <br />In closing, I would like to take this opportunity to thank the City of Centerville for <br />allowing me the privilege of serving as your City Assessor. I can assure you that I take <br />the responsibilities of those duties most seriously. <br />If you or anyone has questions relating to property tax assessment, I would be most <br />pleased to discuss these issues with you. You can reach me at my office at (651) 464- <br />4862 or my cell at (612) 865-2149. <br />Sincerely, <br />Kenneth A. Tolzmann, SAMA41939 <br />Centerville City Assessor <br />