Understanding an Assessor's Role
The function of the Beadle County Office of Equalization is to annually value all real property in Beadle County at it's full and true market value, except for agricultural land, which is valued on it's productivity value. This value is then used for taxation purposes but the Equalization Office is focused on fair and equal market valuation and not taxation.
Note: The Assessor does not:
- Calculate, tax
- Collect tax
- Choose tax rates or
- Set policy for the Board of Review
The Assessor is concerned with value, not taxes. The taxes you pay are proportionate to the value of your property compared to the total value of the taxing district in which your property is located.
- Administering all state laws pertaining to the ad valorem property tax system.
- Continuing to educate the public on the South Dakota tax system.
- Determining tax exempt status for applicable properties.
- Determining the taxable value of approximately 15,500 parcels in Beadle County.
- Discovering, listing and valuing all real property within Beadle County.
- Linking real properties to their respective owners and placing assessed values and owners' names on the assessment roles.
- Types of properties included in the assessment process are: residential, commercial, industrial and agricultural.
- Mailing assessment notices by March 1st of each year.
- Providing equalization between classes of property.
- Working through the appeals process with review boards.
The Beadle County Office of Equalization also works with the following areas:
- Owner-occupied applications.
- Discretionary formulas.
- Elderly and disabled assessment freezes.
- Mobile home registrations.
- Renewable energy credits.
- Tax moratoriums.
- TIF districts
- Veteran's property tax relief programs.
The Beadle County Board of Commissioners appoints the Director of Equalization. The Director of Equalization and staff appraisers must be certified by the South Dakota Department of Revenue in order to assess real property for tax purposes. After initial certification, appraisers must be re-certified every five years. Requirements for re-certification include:
- Attending and passing the annual Department of Revenue sponsored school.
- Attending the South Dakota Association of Assessing Officers Conference.
- Attending workshops.
Office administrators assist with maintaining all office records and also must attend necessary training sessions.