Council Hears Equalization Explanation

BOONE, Iowa---The Boone City Council heard first hand from County Assessor D. Kevin Burggraaf and Bob Ehler, President of Vanguard Assessment Software during Monday's City Council meeting.  Burggraaf was updating the Council on the recent equalization order issued by the Iowa Department of Revenue and Finance.  Burggraaf and Ehler both confirmed there had been a computer error that significantly altered Commercial and Industrial valuations.  Who caused the computer error is not known.  A 23% equalization was successfully appealed by Burggraaf, returning valuations to 2010 levels.  A revaluation of Commercial and Industrial property has been ordered by the state.