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Georgia judge rejected an agreement that would have provided a huge
property tax break to Rivian Automotive, clouding the upstart electric
truck maker’s plans to build a plant east of Atlanta. The Irvine,
California-based electric vehicle manufacturer announced last year that
it would build the plant on a 2,000-acre site in Morgan and Walton
counties about 45 miles east of Atlanta.
It plans to produce up to 400,000 vehicles a year there. Rivian, which
also has a plant in Normal, Illinois, had hoped to break ground as early
as this summer and begin production in 2024.
The property tax break was a key part of $1.2 billion in tax breaks and
incentives that state and local officials offered for Rivian to build a
plant in the Georgia. Read more
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Who is buying all the houses in Clark County?
As
Clark County residents try to reconcile themselves to rapidly
increasing rents and house prices, one possible villain has emerged in
the popular imagination: corporate homebuyers.
The notion of private investors buying available homes and pricing out
local residents has even entered into the debate among congressional
candidates, with one blaming prices on large international investors. Read more
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While more employees are going back into the office,
usage rates in the U.S. are still half what they were before the
pandemic. Lower demand for offices could wipe $453 billion off their
value in the coming years, according to a study from researchers at New
York University and Columbia University. Read more |
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IAAO NEWS
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American Red Cross Hurricane Ian relief
Help people affected by Hurricane Ian by donating to the Red Cross today. Your donation will make a difference in the lives of those affected by Hurricane Ian.
Membership renewals underway; pay online
or return email invoice
IAAO membership renewals for 2023 are underway and members can now pay online
or use the invoice that will be emailed soon to members whose dues are
not billed to their firm. Membership dues increased by $15 for regular
and associate members for 2023. The deadline for renewal is Dec. 31.
The IAAO Board of Directors approved the increase in July, citing
rising costs associated with the continued delivery of high-quality
benefits for members.
Dealing with conflict in workplace focus
of November workshop
 “Getting
Along: Navigating Conflict in the Workplace” will be the focus of a
one-day virtual workshop on Nov. 1. The event will teach a deeper
understanding of interpersonal dynamics, including gender and racial
dynamics, while increasing awareness of personal communication styles.
Amy Gallo, a conflict,
communication, and workplace dynamics expert will lead the workshop. She
is an author, editor, and co-host of Harvard Business Review’s “Women
at Work” podcast. The workshop, which will run from
10 a.m. to 5 p.m. Central, is $195 for members and $275 for nonmembers. Workshop registration includes a free copy of Gallo’s new book.
Be sure to register by Oct. 13 to in order to receive the book in time for the workshop.
October webinar: How to engage with legislative partners
Great ideas sometimes take legislative change and the IAAO webinar on
Oct. 28 will focus on working with legislative partners. Learn how to
create relationships with state lawmakers and move an agenda through the
legislative process. Takeaways include how to grow your credibility
with state representatives and ways to communicate complex subjects to
non-industry leaders to achieve legislative success.
Dorothy Jacks, AAS, CFA, and Mike Twitty, MAI, CFA, will present the
online seminar which is eligible for 1 CE credit. Register here for the online seminar, set for noon to 1:30 p.m. on Friday, Oct. 28.
Register for Legal Seminar, Dec. 1-2 in Austin
Registration
is underway for the IAAO Annual Legal Seminar Dec. 1-2 in Austin, where
attendees will hear from industry experts on legal topics of interest
to members of the assessment and property tax industry. Additional
information on the seminar is available on the website.
Registration fees are $600 for members and $840 for nonmembers until
Nov. 18. The seminar will take place at The Austin Omni Downtown Hotel,
and registrants can reserve rooms for $211 per night until Nov. 1, based
on availability.
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IAAO CONNECT CORNER
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IAAO Connect members are talking about data collection for commercial and industrial properties. Read more
| AROUND THE INDUSTRY
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Lee County, Florida, appraisers evaluating all properties after Hurricane Ian
The Lee County, Florida,
Property Appraiser’s office will be evaluating all the county’s 550,000
properties, getting assessments on the damage and redetermining the
values during the next couple of months following Wednesday’s
destruction wrought by Hurricane Ian. Residents could help streamline
this process by submitting their own information, Lee County Property
Appraiser Matt Caldwell said. Read more
Dublin leaders reject call to increase property tax
Dublin city homeowners
will face no change to their property tax bills next year, despite
warnings from council chief executive Owen Keegan of a €46-€50 million
hole in the authority’s finances.
Keegan had asked councillors
to increase the amount of local property tax (LPT) Dublin city
homeowners pay by 30% to plug a funding gap of up to €50 million which
he said was due to increasing demands for services, pay inflation,
energy and general inflation, and “the primary objective of continuing
with the current level of service provision.” Read more
Allegheny County assessment appeal hearings halted over court litigation
The
board that oversees Allegheny County, Pennsylvania, assessment appeals
has stopped scheduling hearings this year in the wake of litigation over
the number that will be used to determine the value at which a property
will be taxed. Read more
Arizona veterans with
disabilities have not been eligible for property tax exemptions for more
than three decades. A proposal on November's ballot could change that.
Proposition 130 would allow property tax exemptions for veterans with
disabilities, people with total and permanent disabilities, widows, and
widowers, regardless of when they became Arizona residents, though only
one exemption would be allowed per person. Read more
Due diligence or ‘colossal’ waste of time? Tax status disputes continue in Meriden
Frank Kogut’s five acres
of property on Hillcrest Terrace Extension in Meriden, Connecticut, was
once part of a 20-acre farm he shared with his two brothers. After
subdividing, Kogut kept the land for growing greens to convert to mulch
he uses at Kogut Nursery. The land was designated as agricultural by a
previous property tax assessor and had remained so since 2006. But last
spring, Kogut learned he had lost his farm exemption and was being taxed
at a significantly higher rate. Read more
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+ West Palm Beach, Florida
Residential Appraisal Manager, Palm Beach County Property Appraiser's Office See moreAppraiser I - Tangible Personal Property, Palm Beach County See more
+ Pittsburgh, Pennsylvania
Chief Assessment Officer, Allegheny County See more
+ Wellington, Kansas
County Appraiser, Sumner County See more
+ Caldwell, Idaho
GIS/Land Records Supervisor, Canyon County See more
+ Prescott, Arizona
Chief Deputy Assessor, Yavapi County See more
+ Miami
Income Evaluation Specialist, Miami-Dade County Property Appraiser See more
+ Nashville, Tennessee
Chief Appraiser, Tennessee Comptroller of the Treasury See more
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International Association
of Assessing Officers
314 West 10th Street
Kansas City, Missouri 64105
816-701-8100
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Keith Robison
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