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Most people in Ireland have now filed a property return, but thousands
of owners claim their properties have a low valuation. Local property
tax in Ireland is self-assessed. Statistics from the tax authority show
that the valuations on a third of the properties have been put under
€200,000. This means that close to 430,000
properties are being valued by their owners at under €200,000, despite
the fact that property prices have jumped 12% in the past year. These
homeowners will have to pay just €90 a year in the tax. The large number
of properties with such low valuations has raised fears that homeowners
are deliberately under-valuing their homes to pay the smallest amount
of the tax possible. Read more
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San Francisco is one of the biggest laggards among U.S. cities trying
to bring back workers and revive their business districts. Now, some
companies want their property taxes to reflect what could be a permanent
reshaping of the one-time boomtown.
The appeals process marks one of the first indicators of how San
Francisco building owners are adapting to a pandemic that emptied office
towers, shut down shops and sent people fleeing to cheaper areas. Read more
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A developer accused Madison, Wisconsin, City Assessor Michelle Drea of
trying to influence the city’s Board of Review as it was to consider
objections to assessments on two properties by offering the members
candy bars.
The ethics board cleared Drea within a few days of the complaint. Drea
said she routinely brings candy for board members, staff, those
appealing assessments and their representatives as a simple “feel-good
gesture.” Read more |
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IAAO NEWS
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Ohio governor appoints two IAAO members
to committee on valuation process
Ohio Gov. Mike DeWine appointed IAAO members Richard Harold Hoffman,
CAE, FIAAO, President and CEO of Appraisal Research Corporation of
Findlay, Ohio; and Matt Nolan, Warren County, Ohio, Auditor, to a state
committee charged with making recommendations about the valuation
process of federally subsidized rental properties.
The committee includes legislators and representatives of the housing
industry, banks, insurance, auditors, and local governments. The
committee will create a report with recommendations by July 1, 2022.
IAAO studies of Cook County assessments
in the news
Professional Consulting Services of IAAO recently completed a second
study on assessments in Cook County, Illinois, for Assessor Fritz Kaegi
and a number of news outlets picked up the story showing the
improvements that have been made in assessment in the office.
PCS performed independent third-party reviews of the county’s
assessment, and the first study, conducted in 2020, looked at the 2018
assessed values of commercial properties and found a median ratio of 61%
rather than between 90% and 110%. In addition, the coefficient of
dispersion was over 50% rather than 20%.
The second IAAO study looked at the 2019 assessed values of all
properties and showed much improved results following Kaegi’s first year
in office. The median ratio came in at 96% before appeals and the
coefficient of dispersion was 16.4%.
IAAO to offer USPAP update in February
Workshop 191: National USPAP 7-Hr Update will be offered live online on
Feb. 24. This workshop is offered for continuing education for
licensure and certification through The Appraisal Foundation. Workshop
191 provides a general overview of USPAP guidelines, advisory opinions,
statements, and other appraisal practices.
The
course is updated each year to address changes to USPAP. The class will
take place from 9 a.m. to 6 p.m. Central on Feb. 24 and is open to
anyone who has taken and passed Workshop 151: National USPAP and needs
to remain current on USPAP. The registration deadline is Feb. 23.
March Virtual Instructor Workshop registration deadline is Dec. 31
The registration deadline for the Virtual Instructor
Evaluation Workshop (IEW) for prospective instructors interested in
becoming certified to teach IAAO courses live online is Dec. 31.
The Virtual IEW is an intensive three-day event taking place March 3-5,
2022, and offers potential instructors the opportunity to highlight
instructional skills and abilities when delivering IAAO educational
material virtually. For more information and to register, go to www.iaao.org/view2022. All IAAO members are welcome to apply, and we are especially looking for individuals who speak a second language.
Also, IAAO offers a limited number of scholarships. If interested in
applying for a scholarship, please contact Director of Professional
Development Heather Moser at moser@iaao.org.
Mobile, cloud-based platforms focus of webinar with Data Cloud Solutions, a Woolpert Company
IAAO Conference partner Data Cloud Solutions, a Woolpert Company, is
offering an online seminar at 1 p.m. Eastern on Friday, Jan. 21, on “How
Mobile and Cloud-Based Platforms Increase Accessibility, Adaptability,
and Productivity for Field and Office Staff.”
This webinar, presented by Daniel Anderson, vice president, will
discuss how your jurisdiction can increase adaptability and productivity
of office and field staff, no matter the circumstances. Register here
Resident access and transparency the focus
of Tyler online seminar in January
Tyler Technologies, an IAAO Conference partner, will be
offering a webinar on “Citizen Access and Transparency” at 2 p.m.
Eastern on Friday, Jan. 28. Residents have come to expect the
convenience of online services — whether they are ordering groceries or
shopping for a new house — and increasingly they expect government to
deliver the same level of services.
The pandemic has only increased this demand. Residents need online
access to information and to file marriage licenses, pay taxes, etc.
Access to property valuation data is now an option.
Find out how constituents, businesses, agencies, and community
organizations can benefit from easy access to high-interest property
assessment data online. Not only do these services improve efficiency,
but they reduce waiting times and improve resident satisfaction. Register here
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IAAO CONNECT CORNER
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IAAO Connect members are talking about the effects Airbnb and Vrbo
properties have on the values of nearby real estate. Read more
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AROUND THE INDUSTRY
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State legislation passed toward the end of the 2021 regular session was
supposed to fix constitutional issues with the way West Virginia
assesses the value of property with natural gas production. Instead, no
one is happy with the new rules. Read more
As part of his efforts to review how big retail giant Walmart's local
property tax bill should be, Ellsworth City, Maine, Assessor Larry
Gardner wanted the company to provide him with copies of its 600 lease
agreements it has across the country. The city’s appeals board didn't
agree, and rejected his request. Last year, Gardner assessed the value of the Myrick Street property, where Walmart has a Supercenter, at about $20 million but the company is appealing that assessment, saying it should be closer to $10 million. Read more
Only one company responded to a call by Idaho lawmakers seeking a
third-party to appraise federal land in real-time to find out how much
money the state would get paid in property taxes if the land were
privately held. Idaho is roughly 63% federal public land, but that land
isn’t taxable by local governments.
The Legislature earlier this year tasked the Committee on Federalism
with finding out how much revenue that land would bring in if it were
added to the tax roll. Lawmakers on the committee on Thursday expressed
concern at the low number of responses to their plan, but took the next
step to authorize a request for proposals that could lead to hiring a
technology company for the work. Read more
The Danbury, Connecticut, revaluation, which must be completed every
five years, establishes updated real estate assessments for the grand
list, according to the city’s website. “The main purpose of property
revaluation is to correct inequalities in the tax burden that have
developed since the last revaluation,” the tax assessor’s office website
states. Read more
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+ West Palm Beach, Florida
Chief Appraiser, Palm Beach County Property Appraiser's Office See more
+ Milwaukee, Wisconsin
Commissioner of Assessments, City of Milwaukee See more
+ Orlando, Florida
Commercial Real Estate Appraiser Analyst III, Orange County Property Appraiser See more
+ Fort Collins, Colorado
Personal Property Supervisor, Larimer County Assessor See more
+ Leesburg, Virginia
Supervising Appraiser, Loudoun County Government See more
+ Poquoson, Virginia
City Real Estate Assessor, City of Poquoson See more
+ Needham, Massachusetts
Director of Assessing, Town of Needham See more
+ Hudson, Massachusetts
Data Scientist/Valuation Specialist, Vision Government Solutions See more
+ Port Clinton, Ohio
Appraiser, Ottawa County Auditor's Office See more
+ Williamsburg, Virginia
Director of Real Estate Assessments Division, James City County 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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