A report out this week by First Street Foundation, a nonprofit that analyzes climate risk, warns the national real estate market has not adequately priced the cost of climate into its valuation, and a growing climate bubble that is similar to past bubbles in the real-estate market is just starting to be recognized.
   About 6.8 million properties in the U.S. "have already been hit by increasing insurance rates, canceled policies, and the realization of property value devaluation due to increased cost of ownership," the report says. Read more
Lown Institute to study U.S. hospital tax exemptions, financial practices
   Arnold Ventures has recently supported the Lown Institute with grant funding to significantly expand its research into the financial behavior of U.S. hospitals.
   The first AV-supported project will examine nonprofit hospital tax exemptions and how they relate to spending on patient financial assistance and other meaningful community investments. Read more
   Read a story on nonprofit hospitals and property tax exemptions in the September issue of F+E.
Some Montana counties call steep property tax increases by state illegal
   The state of Montana is taking too much money from property taxpayers, despite a legal obligation to collect less.
   That’s the argument being made by Beaverhead County and other Montana counties following recent and substantial increases in anticipated tax bills.
   The Montana counties are making the argument in light of a newly scrutinized state law that a Beaverhead County commissioner said the state has ignored for decades. Read more
Friday is the deadline to submit topics for GIS/Val Tech Conference
   IAAO and URISA are accepting submissions until Friday for keynotes, workshops, and presentations at the 2024 GIS/Valuation Technologies Conference, April 8-11, at the Le Meridien/Sheraton Charlotte Hotel in Charlotte, North Carolina.
    The Conference Planning Committee is soliciting educational content and instructors for full and half-day conference workshops.
   Conference workshops are scheduled on Monday, April 8, and Thursday afternoon, April 11 (new this year). The Exhibit Hall will be open Tuesday and Wednesday and sessions conclude at noon on Thursday, April 11. Program topics will be in three areas: GIS Technologies, Modeling and Valuation, and Leadership and Management. See the Call for Presentations page for more information.
National Assessor’s Day is Tuesday
   Tuesday, Sept. 26, is National Assessor’s Day and IAAO and the assessment community will highlight the work and value of assessors. In 2018, to increase public awareness and honor the efforts of assessors and appraisers, EagleView declared the last Tuesday of every September National Assessor’s Day.
   National Assessor’s Day helps assessors provide constituents with a chance to learn more about what assessors do. Assessors have a platform to explain how they value homes and businesses as well as how the technology assessors use allows all facets of a community to operate efficiently.
September webinar on managing complex deed workflows to improve productivity
   You might be spending more hours on ownership transfers than you think. After all, there is mapping work, exemptions review, mailings, and sales qualifications. In addition, various departments have to manage complex processes around each deed.
   Hear how Boulder County used to go from being months behind on transfers to fully caught up. The webinar, set for noon Central on Wednesday, Sept. 27, will be presented by Cindy Braddock and Will DeOreo and is eligible for 1.5 CEU hours. The cost is $55 for IAAO members and $77 for nonmembers. Register here.
Register now for 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.”
    Attendees may register online or submit a paper form with payment. Early registration fees are $550 for IAAO members and $750 for nonmembers until Sept. 30. Rates increase to $660 for members and $900 for non-members until Nov. 20 and then onsite rates are $790 for members and $1,080 for non-members.
   Continuing legal education credits (CLEs) will be available and IAAO will seek approval for continuing legal education credits for states that are requested by Oct. 1. Read more.

Residential model building course offered online in
   IAAO is offering Course 333: Residential Model Building online Oct. 16-19. The course focuses on mass appraisal model building for residential properties. Along with problems and illustrations, this course uses hands-on labs and exercises along with real-world data to answer questions and construct data transformations price trends land and improved residential models and ratio analyses.
   The course uses IBM’s statistical software package SPSS (Statistical Package for the Social Sciences) the most common statistical software package used by assessors. Register here.
Protecting your organization's data from physical and cyber disasters focus of October webinar
   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 the topic of business partner webinar in November
   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.
Hot topic: building size adjustments
   IAAO Connect members are talking about methods for making building size adjustments. Read more
Will cracking down on Airbnb help ease the housing crisis in New York City?
   Travelers looking for a place to stay in New York City may find they have far fewer options thanks to strict new rules that are designed to crack down on platforms like Airbnb and went into effect in the past week. Read more

Property tax cuts coming for Idaho homeowners through new state law
   After a reduction package was passed last fall, it’s still too soon for even the state’s top property tax experts to know what kind of break Idaho homeowners will get.
   But Alan Dornfest, AAS, FIAOO, the Idaho State Tax Commission’s tax policy chief, crunched the numbers using 2022 property tax totals. The money for homeowner’s property tax relief was 17.2% the total of all homeowners’ 2022 property taxes. Read more
Appeals court sides with Hillsborough property appraiser in seaport property tax dispute
   A state appeals court last week backed the Hillsborough County property appraiser in a dispute about whether a shipyard should be required to pay property taxes, but it said properties owned by the Hillsborough County Aviation Authority should be exempt.
   Panels of the 2nd District Court of Appeal issued separate rulings in cases involving whether property owned by the Tampa Port Authority and the aviation authority should receive tax exemptions. Read more

Valuer numbers need boosting to avoid possible crisis in South Africa
South Africa has fewer than 1 500 registered professionals in residential and commercial property valuation, and fewer than 650 valuer candidates; this demonstrates that property valuation is an untapped career path, says real estate property custodian South African Institute of Valuers (SAIV) president Dianne de Wet.
She refers to the property valuers profession as “the best kept secret,” and said that they are spread “very thin” on the ground. Read more
How the AI revolution is transforming India’s real estate valuation
AI has revolutionised how we assess property values, making it more accurate and predictable than ever before, in addition to streamlining property appraisals. Moreover, it will continue to reshape the real estate industry in different direct and indirect ways. Read more
San Diego
• 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
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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Keith Robison
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