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COMMUNITY RELATIONS MAY 28TH. 2015 5:30 P.M. <br />Committee Members Present: Karen White, Valerie Schey (ab), Gavin Ferlic (ab), <br />Derek Dieter (ab) <br />Citizen Members Present: Gavin Seabe (ab), Alfreda Gillispie (ab) <br />Other Council Present: Tim Scott (ab), Henry Davis, Dr. Fred Ferlic (ab), <br />Oliver Davis (ab), Dr. David Varner (ab) <br />Others Present: Mike Kruk, Frank Agostino, Rosemary Mandrici, <br />Kathy Cekanski - Farrand <br />Agenda: Tax Assessment follow -up with County Officials <br />Though only two Councilmembers, Karen White and Henry Davis, showed for the scheduled Community <br />Relations Committee meeting, the Chair, Karen White opened the discussion. <br />Karen welcomed County Assessor Rosemary Mandrici and County Treasurer Mike Kruk as well as Frank <br />Agostino the attorney for the Property Tax Board of Appeals (PTBOA). <br />Karen explained that the meeting was called at the behest of Henry Davis who sponsored bill 15 -13, <br />currently continued indefinitely. The resolution intended to induce conversation with County officials <br />engaged in the assessment process. Henry maintained he was not being critical or confrontational; but <br />only wanted to discuss the assessment process. More specifically, Henry said it appeared that <br />downtown properties carried assessed values significantly in excess of market values for the properties, <br />therefore stifling development. Henry felt these disparities warranted an explanation. He also asked if <br />we were getting a smaller and smaller percentage of tax payments from what is billed. <br />Rosemary Mandrici, County Assessor, began a brief description of the overall assessment process. She <br />explained that with approximately 120,000 parcels in St. Joseph County along with personal property, <br />the assessments were derived through a mass appraisal approach. The process is prescribed and <br />monitored by the State department of Local Government Finance which sets deadlines and the <br />methodology for the assessment process. <br />Rosemary went on to refer to three approaches to value: <br />1. Cost —This is the basis for the assessments using cost tables provided by the State. <br />2. Income —Used for commercial properties. <br />3. Sales — A data base used for trending values meant to factor market values into the cost basis. <br />She went on to say a variety of methods are used to identify and collect data on parcels. Included are <br />aerials, pictometry, information from the Recorder, the Auditor and actual field work discovery. A <br />general cyclical assessment covering approximately 25% of the properties is undertaker every year as <br />well. <br />