County Commissioners turn down request to lower property taxes in OxbowOxbow, ND (WDAY TV) - Cass County Commissioners are turning down a request by Oxbow homeowners to cut property taxes.
By: WDAY Staff Reports, WDAY
People in Oxbow approached the commission, saying their home values should be reduced by 80 percent. Mayor Jim Nyhof presented documents that he says, show the city's housing market has been negatively affected by the diversion.
But, the Cass County Assessor says a slowing market doesn't necessarily show a decline in property values. Oxbow's tax values have stayed the same since 2007, when housing prices were at their peak.