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Request for Committee Action

A briefing memo explaining the purpose, background, and impact of the requested action.
2024 Assessment Report (RCA-2024-00245)

ORIGINATING DEPARTMENT
Assessing
To Committee(s)
# Committee Name Meeting Date
1 Budget Committee Mar 18, 2024
Lead Staff:
Rebecca Malmquist
Presented By:
Rebecca Malmquist
Action Item(s)
# File Type Subcategory Item Description
1 Receive & File Annual Report

Receiving and filing the City Assessor's 2024 Assessment Report.

Ward / Neighborhood / Address
# Ward Neighborhood Address
1. All Wards
Background Analysis

The Assessor's Office has completed the 2024 estimated market values for all properties in the city. Staff will present a brief summary of the valuation process, market trends, as well as 2024 property tax information.

City staff will begin mailing the 2024 valuation notices to property owners on March 15, which includes the 2024 value and classification information for property taxes payable in 2025.

FISCAL NOTE
  • No fiscal impact anticipated