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Wood were unchanged as well. Assessment on 152 acres and a dwelling belonging to Wood was lowered from $114,200 to $107,100 with the land dropped from $97,400 to $86,100 and the wood frame building raised from $16,800 to $21,000. A 7.24 acre parcel of pasture land was lowered from $2,500 an acre to $1,200 and a 15 acre piece of orchard was raised from $850 to $1,000 an acre. Another 25 acres of pasture and orchard was reduced from $1,600 an acre to $1,200 and the value of 41 acres of forest was lowereed from $700 to $600 an acre.
Forberg Satisfied
“What about the values as a whole?” asked Williams. “We’ve had complaints that we’re putting too much on the land. Should they be lower?”
‘‘The sales ratio (of assessments to actual fair market value as measured by sales) is now about 78 or 79 percent so you don’t really have much of a margin,” said ^Forberg, pointing out that the sales ratio must be kept at or above 70 percent. “If you don’t come up with a 70 percent sales ratio, we (the State Department of Taxation) are going to sit on your liquor money (funds alloted to localities by the
90.5%