Director of Equalization
The function of the Director of Equalization Office is to annually value all real property in Kingsbury County at its full and true market value, except for agricultural land, which is valued on its productivity value. This value is then used for taxation purposes.
OFFICE RESPONSIBILITIES
- Administering all state laws pertaining to the ad valorem property tax system
- Assisting with abatements
- Continuing to educate the public on the South Dakota tax system
- Determining tax exempt status for applicable properties
- Determining the taxable value of approximately 8,200 parcels.
- Discovering, listing, and valuing all real property within Kingsbury County
- Linking real properties to their respective owners and placing assessed values and owners' names on the assessment rolls. Types of properties included in the assessment process are residential, commercial, industrial, and agricultural classes of property
- Mailing all assessment notices by March 1 of each year
- Providing equalization between classes of property
- Testifying in court on assessment issues
- Working through the appeal process with review boards
- Owner occupied applications
- Discretionary formulas
- Elderly and disabled assessment freezes
- Renewable energy credits
- TIF districts
- Veteran's property tax relief programs
