Assessing Info Dec 6 2018

Number of Palm Beach estates with $500,000 tax bills keeps growing >

Welcome to the $500,000 Tax Club in Palm Beach, Florida, although we’re not sure anyone would want to be a member. Since last year, 11 more island property owners have seen their total property-tax bills vault the $500,000 mark. In all, at least 51 taxpayers — a record number — landed in that tax category, based on an exclusive analysis by the Palm Beach Daily News of the 2018 tax rolls. Read more

New Orleans assessor casts doubt on hotel’s proposed nonprofit status >

As negotiations continue behind the scenes over the terms of the Ernest N. Morial Convention Center's proposed 1,200-room high-rise Omni Hotel, the city's property tax assessor says he is skeptical that the $557.5 million project would qualify for the tax-exempt status its proponents are counting on. Read more

IAAO NEWS

+ Early registration open for 2019 annual conference >

Looking to get ahead of the new year and take care of registering for the 2019 IAAO Annual Conference prior to the end of 2018? IAAO has opened limited registration for the 85th IAAO Annual International Conference on Assessment Administration at the request of members who would like to pay for 2019 conference registration during 2018. Attendee and Guest registration is now available online or by using a paper form. The 2019 Annual Conference is scheduled for September 8-11 in Niagara Falls, Ontario, Canada. Register today

+ Submit conference presentations ideas! >

Interested in presenting at the Annual Conference? The Call for Presentations is now open for the Annual Conference, set for Sept. 8-11, 2019. Submissions can be made at https://researchexchange.iaao.org/conference. The deadline for submission is Sunday, Feb. 10, but interested individuals are encouraged to submit your presentation ideas as soon as possible. Registration discounts of up to $200 may be available to presenters. Submit a presentation

+ GIS/CAMA Conference is Feb. 25-28 in Portland >

The 2019 GIS/CAMA Technologies Conference will take place Feb. 25-28 in Portland, Oregon and registration is now open. The conference will have four program tracks this year: GIS Technologies, Modeling and Valuation, Planning, Administration & Leadership, and Technology Showcase. Among the areas for the conference include programs on how to get started with modeling, planning and Implementing a CAMA system, high-definition imagery for any size jurisdiction, special issues in valuation, and the Geospatial Data Act. Read more

+ 2019 membership dues payable >

IAAO 2019 membership dues are payable online via the IAAO website, or by returning the invoice sent by email or postal mail. To pay online, go to the IAAO website, log in, click on My Account and then select Renew My IAAO Membership. With just a couple of steps you can quickly complete the process. To pay by mail, please return the invoice with payment in U.S. dollars and return to the IAAO Lockbox address found on the invoice. Read more

AROUND THE INDUSTRY

+ Santa Clara County officials spar over who should influence billions of dollars in tax appeals >

Silicon Valley’s record-smashing private-sector profits translate to record-smashing assessment rolls and tax revenue for local governments. But it’s no easy feat to collect local dues from corporations with global reach like the county’s biggest taxpayer, Apple. Read more

+ Irish property tax wrongly deducted from bank accounts, weeks before Christmas >

The Office of Revenue Commissioners has apologized to about 1,500 people after wrongly taking hundreds of thousands of euro from their bank accounts over recent days as a result of a “payment processing” error. Read more

+ Prices surge on shortage of undeveloped industrial land in Sydney, Australia >

Industrial-zoned land values in Sydney’s inner south have jumped by about 50 per cent in the past 12 months due to a complete lack of undeveloped land in the country’s most expensive industrial property market, new JLL research shows. Read more

+ Proposed ballot measure would cut California's inherited property tax breaks >

California law gives children who inherit their parents' homes a tax break that keeps their property taxes low – even if the heirs don't live there. The provision has allowed celebrities, out-of-state professionals and other wealthy heirs to collect large sums in rental income from their parents' homes while paying small property tax bills. But under a new plan from a San Francisco Bay Area lawmaker, that benefit would end. Read more