|Valuation notices hit mail this week|
|Written by Wauneta Breeze|
|Friday, 29 May 2015 21:35|
By Russ Pankonin
The Wauneta Breeze
Chase County Assessor Dotty Bartels will mail valuation notices for the 2015 tax year this week.
People who don’t get a notice can consider themselves fortunate because that means the valuation of their property didn’t change from last year.
But that won’t be the case for ag land owners and other rural residents.
Bartels said ag values will increase another 20 percent this year.
State statute requires ag land to be valued at 75 percent of actual market value. However, it can be within a range from 69 to 75 percent of actual market value.
Based on sales data from the past year, Bartels said Chase County’s ag land values needed to come up about 20 percent to fit within the standards. Following re-valuation, ag land in Chase County will be at 72 percent of market value for 2015, Bartels said.
Owners of rural residential homes and outbuildings will also see an increase in values this year.
Bartels said these rural premises have been taxed on the basis of 2009 values. However, state statute requires that properties be brought up to cost and market value at least every six years. That means new values for 2015.
Homeowners and commercial property owners in Chase County’s city and villages will not see any increases in value this year, Bartels said.
She said those values held steady during the past year so no adjustments were necessary.