FY2011-05 Adopting 3-Year Schedule for Property Assessments 1 Introduced by: Borough Manager
2 Requested by: Borough Assessor
3 Drafted by: Borough Assessor
Introduced on: 09/02/2010
4 Adopted on: 09/02/2010
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6 KODIAK ISLAND BOROUGH
7 RESOLUTION NO. FY2011 -05
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9 A RESOLUTION OF THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH
10 ADOPTING A THREE YEAR SCHEDULE FOR SYSTEMATIC REEVALUATION OF
11 TAXABLE PROPERTY ON THE ROAD SYSTEM AND A FIVE YEAR SCHEDULE FOR
12 REMOTE, RURAL PROPERTIES WITHIN THE KODIAK ISLAND BOROUGH
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14 WHEREAS, AS 29.45.150 requires that a systematic reevaluation of taxable property be
15 undertaken by the Assessor in accordance with a resolution or other act of the municipality
16 over the shortest period of time practicable, as fixed in the resolution or act; and
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18 WHEREAS, a recent audit of the Assessing Department by the Office of the State Assessor
19 resulted in a finding of non - compliance of State statutes because of the lack of a resolution
20 or other act adopted by the Assembly as required by AS 29.45.150; and
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22 WHEREAS, there does not appear to be a historic reevaluation period used by the
23 Assessor's office; and
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25 WHEREAS, with existing staffing levels and budgetary constraints the most economic time
26 frame with minimal exposure to significant shifts in the Kodiak Island Borough taxable
27 property inventory is three years for road system residential and commercial properties and
28 five years for remote, rural properties.
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30 NOW, THEREFORE BE IT RESOLVED THAT THE ASSEMBLY OF THE KODIAK
31 ISLAND BOROUGH hereby directs the Assessor to conduct a systematic reevaluation of
32 taxable property, whether of specific areas or classes of property as determined by the
33 Assessor, over the shortest period of time possible, but in a period of time not to exceed
34 three years for road system residential and commercial and five years for remote, rural
35 properties.
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37 ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH
38 THIS SECOND DAY OF SEPTEMBER, 2011
39
40 KODIAK ISLAND BOROUGH
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45 ATTEST: Je ".me M. Selby, Bor. • a-yo
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50 Nova M. Javier, MM4, Borough Clerk
Kodiak Island Borough Resolution No. FY2011 -05
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