 |
|
|
What U.S. states are considering property tax changes in 2022
Texas, New York, and California all have initiatives
that could affect property tax bills. Texans, for example, will vote in
May on a constitutional amendment to increase the homestead exemption
for school districts from $25,000 to $40,000, according to the state’s
legislature. If voters approve the measure, it will go into effect
immediately, saving homeowners an average of $176 per year, according to
state Sen. Paul Bettencourt, a Republican from Houston and the author
of the proposal. Read more
|
Since the COVID-19 pandemic started in March 2020, the retail industry
has undergone the greatest shock for decades, with many stores closing
for extended periods. So says Diane Wehrle, marketing and insights
director at Springboard, during the ICSC (Innovative Commerce Serving
Communities) national conference in Las Vegas. She says the closure of
stores led to an increased migration of retail spending online, but this
is an exacerbation of behavior that was evident even before COVID-19. Read more
|
|
|
|
Assessed property values across the Central Valley show consistent
growth despite supply chain disruptions, drought, and global pandemic.
In 2020, the Tulare County Assessor’s Office began taking applications
for the Williamson Act program, which gives farmers reduced tax
liabilities on their properties in exchange for promises the land
remains undeveloped. Read more
|
|
|
 |
 |
|
IAAO NEWS
|
Submit your presentation ideas for the 2022 conference by Jan. 31
Interested in presenting at the 2022 IAAO Annual Conference in Boston?
The Call for Presentations is now open. The submission deadline is Jan.
31, and anyone interested is encouraged to submit presentation ideas as
soon as possible. Registration discounts of up to $200 may be available
to presenters. See the presentation information page for more
information in order to submit a presentation.
Thank you to all the 2021 IAAO volunteers
IAAO would like to thank the more than 200 IAAO members who
participated on IAAO committees, task forces, or industry groups during
2021. A list of the volunteers is online here.
The support and efforts by volunteers help the association in
accomplishing goals. A list of 2022 volunteers will be in the January
issue of Fair+Equitable magazine.
IAAO joins other valuation groups for DEI webinars
IAAO is joining the American Society of Appraisers,
Appraisal Institute (AI), American Society of Farm Managers & Rural
Appraisers (ASFRMA), MBREA, and the National Society of Real Estate
Appraisers (NSREA) to present a series of free webinars on diversity,
equity, and inclusion.
The first webinar, “Revealing Relevance for the Appraiser Profession,”
will air 1 to 4 p.m. Eastern on Monday, Jan. 31. Presenting experts
David Doering, ASA, IFA; Robbie a Freddie Mac study on “Racial and
Ethnic Valuation Gaps in Home Purchase Appraisals,” including
questions/points from the research and what appraisers can do in light
of the research findings.
They will also discuss how the three approaches to value inform an
opinion of value; how comparable sale selection can lead to inadvertent
effects on the opinion of value; how neighborhood or market area
determinations are made, and how this definition can cause inadvertent
negative impacts. Registration for the webinar is available here.
Assessment office funding may be available
from ARPA through local jurisdictions
Funding from the American Rescue Plan Act (ARPA) for assessment
office projects may now be available from local jurisdictions.
The act allocates funding to governmental entities based on population,
and counties and cities with over 50,000 inhabitants receive funding
directly from the U.S. Department of the Treasury. Cities with less than
50,000 residents receive allocations through their state government.
Many jurisdictions are reviewing allocation of the funding.
* IAAO
is interested in writing about uses of ARPA funds for assessment
projects. If you have been involved in a project, please contact Keith Robison at robison@iaao.org.
Registration now open for 2022 GIS/Valuation Technologies Conference
| |
