The Town Board is the Board of Review. Minn. Stat 274.01, subd. 1(a). It is the duty of the Board of Review to determine if all taxable property in the town is on the assessment list and is properly valued by the assessor. Minn. Stat. 274.01, subd. 1(b) - (d). The board has limited authority to add property to the list and to make changes in the valuation as needed.

A town board of review must meet annually between April 1 and May 31 each year on the date fixed by the county assessor. The assessor must give notice of the time to the town before February 15 and then the town clerk is required to give at least 10 days published and posted notice of the meeting, Minn. Stat. 274.01 subd. (a); 274.03. The assessor plays an important role at the meeting, but it is the board's meeting and the board's responsibility.

The local board of review provides the first opportunity for persons to have their concerns regarding their valuation heard. If a person fails to appear in person, by counsel, or in writing to the board o review, that person is prohibited from raising the issue before the county board of equalization.