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City of Centerville <br />Council Meeting Minutes <br />April 13, 2022 <br />Ms. Wells reported that upon verifying all details of Ms. Kennedy's home, a reduction from <br />$426, 000 to $417, 000 was made see below. <br />Council Member Mosher asked about a Minnesota average increase. Mr. Guggenberger stated <br />approximately 21-23% from Isanti County, Todd and Pine County, etc. <br />Mr. Gary Arntzen, 7063 Dupre Road, stated that he had heard that increased values were a <br />"catchup" from previous years. He stated that he and his wife live on a fixed income and these <br />increases cannot be afforded. He also stated that he would chose not to compare Centerville with <br />any other community as they have chosen to live in Centerville even though a larger community <br />may have more to offer. Mrs. Jean Arntzen asked that if the market were to experience a decrease <br />would values then decrease along with taxes? Ms. Wells explained that Centerville's values have <br />utilized only Centerville sales (64 qualified) and Blaine data is not involved. Ms. Wells stated that <br />Mr. Guggenberger put together a very good article in a recent newsletter from Anoka County that <br />touched on values, budgets and how all effects resident's property taxes. She stated that contained <br />in that same article, information regarding property tax refunds were included. <br />Discussion took place regarding sales of homes going to highest bidder rather than selling price, <br />supply and demand, budgets of several entities (County, City, and Schools), tax rates and analysis <br />to determine some city's budgets and that if no increases or minimal increases of all entities, there <br />would be little to no increases in property taxes. <br />Ms. Carol Schjei, 7059 Dupre Road, had concern that the Homestead Credit on her property <br />decreased by $5,500. Ms. Wells explained that there is a formula used to calculate this on property <br />values and once a property reaches $413,000, the Homestead Credit phases out. She stated that <br />the program favors lower income properties and more rural areas. <br />Ms. Linda Broussard Vickers, 6756 Centerville Road, complimented Ms. Wells for her <br />professionalism and diligence in correcting things that may have been done incorrectly in the past. <br />Ms. Wells read into the minutes the following addresses and stated that changes have taken place <br />within the 10 day window of the meeting: <br />PIN # <br />Before EMV <br />After EMV <br />26-31-22-12-0005 <br />566,500 <br />639,500* <br />*Working — couldn't finalize <br />26-31-22-12-0006 <br />444,400 <br />395,900* <br />*Working — couldn't finalize <br />14-31-22-42-0019 <br />403,200 <br />364,000 <br />Following Physical Insp. <br />23-31-22-12-0011 <br />342,400 <br />305,000 <br />Following Physical Insp. <br />14-31-22-42-0048 <br />689,900 <br />643,500 <br />Incorrect Bldg. Data <br />14-31-22-42-0054 <br />610,800 <br />571,700 <br />Incorrect Bldg. Data <br />14-31-22-42-0060 <br />568,500 <br />467,900 <br />Incorrect Bldg. Data <br />14-31-22-42-0066 <br />542,100 <br />491,700 <br />Incorrect Bldg. Data <br />14-31-22-42-0057 <br />537,000 <br />499,400 <br />Incorrect Bldg. Data <br />14-31-22-42-0055 <br />588,200 <br />540,200 <br />Incorrect Bldg. Data <br />23-31-22-22-0024 <br />478,500 <br />460,000 <br />Following Physical Insp. <br />Page 3 of 10 <br />