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CITY OF THOMPSON TAX EQUALIZATION MEETING APRIL 4, 2022 7:00 PM The Tax Equalization meeting of the City of Thompson, County of Grand Forks, North Dakota, was held April 4, 2022 at 7:00 PM. Mayor Larimer, Council members Bergeron, Hughes, Fretheim, Wojciechowski, City Administrator, Plant Services and Public Works were present. City Auditor and Chief of Police (COP) were absent. Mayor Larimer called the Tax Equalization meeting to order at 7:00 PM. He turned the floor over to Grand Forks County Assistant Tax Director Shellie Smette. Assistant Director Smette reported there was no across the board increase for residential lots and structures. The county now has appropriate software that allows them to adjust home values on an individual basis. Agricultural land had no change. Commercial Lot values increased by $48,600, Commercial Structures decreased by $254,900. Residential Lots and Structures increased by $3,946,000. This results in a Net Taxable Value increase of $167,255. If mill levies remain the same there will be a $9,186 increase in revenue to the city. Once all values are approved by the city, county, and the state, the county website will be updated. In the meantime, any questions may be directed to the Grand Forks County Tax Director’s office. Council member Fretheim motioned to approve the 2022 values as presented by Assistant Director Smette. Council member Wojciechowski seconded the motion. All said aye. The motion carried. Council member Fretheim motioned to adjourn the Tax Equalization meeting. Council member Bergeron seconded the motion. All said aye. The motion carried. ____________________________ Auditor - Barb Robinson ____________________________ Mayor - Dean Larimer (May 11, 2022)