The function of the Spink County Office of Equalization is to annually value all real property in Spink 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. RESPONSIBILITIES
-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 11,000+ parcels in Spink County.
-Discovering, listing and valuing all real property within Spink 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 Spink 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. NOTE: The Assessor does not:
-Calculate, tax
-Collect tax
-Choose tax rates or
-Set policy for the Board of Review
