‘The Untouchables’: How Columbia and NYU
benefit from property tax breaks
   As Columbia University puts the last touches on its brand-new campus in Harlem, it has reached a milestone: The university is now the largest private landowner in New York City.
In a city where land is more valuable than almost anywhere in the nation, the school now owns more than 320 properties, with a combined value of nearly $4 billion. The growth has helped it stay competitive within the Ivy League and meet its broader ambitions to become a global institution.
   By many measures, those ambitions have also helped lift the city around it, attracting higher numbers of students, producing new jobs, and boosting New York’s reputation as an international center of knowledge.
   But as Columbia has expanded its footprint, it has also become more of a drain on the city budget because of a state law more than 200 years old that allows universities, museums and other nonprofits to pay almost no property taxes. Read more

The U.S. housing market is set to cool this fall
   The U.S. housing market is starting to cool down, and that could usher in a good opportunity for homebuyers as prices get slashed, according to Zillow.
   Though the housing market typically cools off during the fall months, more home are seeing price cuts this year than they have in the past, the real estate listings site said in a note on recently.
   Zillow economists, meanwhile, previously forecast home price increases through the first half of 2024 despite the current cooldown. Home prices could jump as much as 5% by August 2024, the firm's research team said. Read more
Owners turn to buying houseboats to avoid Connecticut’s property tax
   How does living on the water sound? That’s becoming a viable option for many who want to avoid paying a property tax in Connecticut where houseboats are becoming a growing trend.
   It may sound expensive, but it might save money in the long run when it comes to taxes. Houseboats are property tax free in Connecticut. Owners do have to pay taxes for their slip at the marina, but for many it’s still worth it. Read more
Register now for 2023 Legal Seminar
   Registration is underway for the 2023 IAAO Legal Seminar, set for Nov. 30-Dec. 1, at the Omni Louisville Hotel in Louisville, Kentucky.
   Attendees will hear from industry experts on legal topics of interest to members of the assessment and property tax industry. The theme for the seminar is “Assessing the New Norm.”
   You can register online or submit a paper form with payment. Continuing legal education credits (CLEs) will be available and IAAO will seek approval for continuing legal education credits for states requested by Oct. 1. Read more.
Server upgrade to take IAAO website offline Oct. 9
   The IAAO website and access to online educational components may be limited on Monday, Oct. 9 as part of upgrades to the IAAO servers. The upgrade is expected to start by 9 a.m. Central and is expected to be completed by early afternoon.
Oct. 13 is deadline to apply to volunteer in 2024
   IAAO is now accepting applications from members to serve on committees and task forces in 2024 and those interested in volunteering should visit the IAAO Volunteer page to apply. The deadline to apply is October 13.
   IAAO has seven standing committees (Education, Ethics, Governance, Nominating, Professional Development, and Research and Standards) and more than 25 task forces.  Members can apply for multiple committee opportunities and for the Open Call to improve their chances of being selected to serve. IAAO usually receives more applications than there are volunteer opportunities but encourages all interested members to apply. Current 2023 volunteers interested in continuing to serve in 2024 must re-apply. Apply here.
Dues renewals underway; pay online or return email invoice
   IAAO membership renewals for 2024 are underway and members can now pay online or use the invoice that will be emailed next week to members whose dues are not billed to their firm. The deadline for renewal is Dec. 31.
October webinar: How to protect your organizations’ data
   The cyber incident response team for the El Paso Central Appraisal District in Texas will present a guide addressing standards and insights on how to obtain the security needed to protect your organization's data during the October IAAO webinar.
   The webinar, set for noon Central on Wednesday, Oct. 25, will be presented by Rodolfo Arvizo and David Martinez and is eligible for 1.5 CEU hours. The cost is $55 for IAAO members and $77 for nonmembers. Register here.
Fighting cybercrime is the topic of November business partner webinar
   Fighting Back Against Cybercrime will be the subject of a webinar by IAAO business partner Tyler Technologies on Wednesday, Nov. 8 at noon Central.  The webinar will review how sophisticated cyberattacks targeted at state, local, and federal government organizations and school districts place all concerned parties on high alert.
   In this webinar, hear from cybersecurity expert Tim Walsh, who will discuss how agencies can approach the way they think about cybersecurity – from innovative and strategic resource usage to effective application, detection, and response mechanisms to ensure the security of data and high valued assets. Register here.

Hear about Farraguts property tax solutions during Nov. 9 webinar
   Find out how to harness the full potential of your office and data with Farragut's suite of tailored property tax solutions by attending a webinar by IAAO Strategic Business Partner Farragut. From their business intelligence solution to CAMA solution to billing and collections, come experience how to empower your team to extract valuable insights, streamline operations, and make confident data-driven decisions.
   The webinar, Unleash the Power of Tailored Solutions: Maximize Your Office and Data Potential, will be offered at 1 p.m. Eastern on Thursday, Nov. 9. Register here
Hot topic: Lincoln Institutes new equity app
   IAAO Connect members are talking about the release of the Vertical Equity App developed by the Lincoln Institute of Land Policy in partnership with the Center for Appraisal Research and Technology. Read more
2024 USPAP now available to buy
   The 2024 Uniform Standards of Professional Appraisal Practice is now available for purchase in physical and digital formats.
   This year, for the first time, you can buy just the book of USPAP standards for $35. This covers all Definitions, Rules, and Standards.
  Also new this year: The Appraisal Foundation is offering All Advisory Opinions, Frequently Asked Questions, and the recently launched Reference Manual as part of a standalone publication called the 2024 USPAP Guidance and Reference Manual. Go to the TAF online store or call 800-348-2831 to order.
Telecommunications companies sue Napa County for more than $1.1 million in property tax refunds
   Five telecommunication companies are suing Napa County over property taxes they say were collected in violation of the California Constitution. The companies — Pacific Bell, AT&T, Sprint Spectrum, T-Mobile, and CenturyLink — seek combined tax refunds of more than $1.1 million. Read more
U.S. counties with the highest housing costs
   A new report by real estate data company Attom reveals that housing prices in 99% of U.S. counties are more unaffordable than ever for the average American earner. Despite high mortgage rates imposed by the Federal Reserve, U.S. housing market prices have remained high, further straining buyer affordability. Read more
Mecklenburg County doing four-year property revaluations cycles from now on
   Property revaluations will occur in Mecklenburg County every four years moving forward, following a unanimous vote this week.
   The 2023 revaluation came on a four-year cycle but resulted from a one-off resolution approved in October 2019. It was previously on an eight-year cycle, which is the state minimum. The Board of County Commissioners would have to vote to change the cycle in the future. Read more
Wyoming homeowners speak in favor of a new property tax system, lawmakers move to draft new bill
   Members of the Joint Revenue Committee moved to draft legislation that would amend the state constitution and implement an acquisition value property tax system in Wyoming.
   An acquisition value property tax system assesses a property at its market value from the time the property was purchased, with limited annual tax increases until the property is resold, according to the Lincoln Institute of Land Policy. Acquisition value is defined under HB 100 as “the purchase price paid for the acquisition of property.”
   Homeowners and lawmakers, however, expressed differences in opinion regarding favor of the new property tax system.
   Representatives from TEAM Consulting LLC, a company hired to conduct a study under the direction of HB 100, presented the legal processes Wyoming would need to undertake in order to implement an acquisition value property tax system. Read more
Savannah, Georgia
• Chief Appraiser, Chatham County Government See more
Marietta, Georgia
• GIS Manager, Cobb County Board of Tax Assessors See more
Eau Claire, Wisconsin
• City Assessor, City of Eau Claire See more
San Diego, California
• Appraiser II, County of  San Diego-Assessor/Recorder/County Clerk See more
West Hartford, Connecticut
• Property Appraiser 3 - Residential, Town of West Hartford See more
McKinney, Texas
• Commercial Property Specialist, True Prodigy See more
Gastonia, North Carolina
• Property Appraisal II (REAL), Gaston County Government See more
• Assessment Intervention Analyst, Cook County Assessor's Office See more
Durham, North Carolina
• Software Developer, Farragut See more
Palmer, Alaska
• Borough Assessor, Matanuska-Susitna Borough See more
Greenwich, Connecticut
• Commercial Real Estate Appraiser, Town of Greenwich See more
Kissimmee, Florida
• Commercial Appraiser, Osceola County Property Appraiser's Office See more
Sandpoint, Idaho
• Residential Appraiser I, Bonner County Assessor's Office See more
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