Wisconsin Supreme Court refuses 'dark store' case >
In Lowe’s Home Centers, LLC v. Village of Plover, the village assessed an open and flourishing Lowe’s store at $7,356,600. Lowe’s argued the property should be assessed at $4,620,000. The court of appeals concluded that the circuit court properly rejected eight sales of vacant or dark big box stores offered by Lowe’s experts as evidence that the village’s assessment was too high. The court of appeals said that Lowe’s argument fails, “Because it is contrary to the Property Assessment Manual’s explicit directive that the assessor, 'Should avoid using sales of improved properties that are vacant (dark) or distressed as comparable sales unless the subject property is similarly dark or distressed.’ ” Read more
The battle over property tax reform in Idaho >
Skyrocketing home values and stagnant tax policies are factors in the property tax burden shifting more and more onto homeowners, government analysts say. And the shift is taking a toll. “Property taxes are literally pushing people out of their homes,” said Boise resident Pat Klocke, 65. Klocke has watched his home’s value spike from around $145,000 in the early ’90s to well over $500,000 today. While he isn’t seeking financial gain from the housing boom, his property taxes have more than tripled since he bought his house. Read more
If you missed the recent IAAO online Town Hall, which updated members on recent association activities and plans for 2021 and beyond, a copy is now available to view online. On Feb. 25, from the new IAAO Studios sponsored by Tyler Technologies, President Greg McHenry, AAS, and Executive Director Debra McGuire, MBA, IOM, CAE, discussed strategic planning efforts, delivered updates on committee and task force activities, and reviewed the status of IAAO meetings, membership, and education. Watch at www.iaao.org/townhall21.
+ March is IAAO Membership Madness >
The first 64 members to refer a new member who joins IAAO in March will be entered into IAAO Membership Madness. That gives members the chance to receive one FREE 2021 IAAO Annual Conference Registration along with a guest room upgrade at the Hyatt Regency Chicago for the duration of the conference. The nightly rate of $199 plus tax will be the responsibility of the attendee. The 2021 IAAO Annual Conference will be from Aug. 29 to Sept. 1, 2021, in Chicago. Each IAAO Membership Madness bracket winner will be decided by a coin flip on Facebook Live at 10 a.m. Central on April 5, 2021. To refer a member, just have the new member include your name on the membership application form, available to download at www.iaao.org/memberapp. Read more

+ GIS/Valuation Technologies Virtual Conference is March 22-26

The 24th Annual GIS/Valuation Technologies Conference is only a few weeks away and registration is open. The conference is being offered as a virtual event in 2021 due to COVID-19 concerns. The conference will offer programming and a series of optional workshops. Programs will be offered on Tuesday, March 23 through noon on Thursday, March 25. Areas for the conference are GIS technologies, leadership development and policy; modeling and valuation; and a partner track. Workshops will be offered on Monday, March 22, the afternoon of Thursday, March 25, and Friday, March 26. Visit gisvaltech2021.sched.com for the full schedule. Read more
+ Data quality standard exposure deadline
is March 12
The deadline to comment on the Standard on Data Quality, recently exposed to the membership, is March 12. The draft IAAO Standard on Data Quality defines quality requirements for critical elements of assessment data and provides guidance for meeting those requirements for use in mass appraisal. Assessment data for the purposes of this standard can be separated into property characteristic, economic, and geographic. Comments should be sent by March 12 to Paul Bidanset, IAAO Valuation Research Project Manager, at bidanset@iaao.org. Read more
+ Financial market update offered on March 19 >
IAAO will offer a complimentary webinar on the financial market, Looking into the Future, on March 19, from the new IAAO studios sponsored by Tyler Technologies. Pat Smith, Vice President and Planning Counsel for the MTC Holding Corporation, will present. Smith holds a juris doctorate and LLM in Taxation. He presented in 2020 and returns to lead a discussion of topics including the tumult of the COVID-19 virus and its effect on financial markets, the economy, monetary policy, interest rates and saving/investing for retirement. The discussion is general in nature and no participant should make any investment decisions without consulting their personal advisor. No CEUs will be issued for this webinar. Read more
+ Legal Seminar Call for Papers deadline is March 31
March 31 is the deadline to submit program topic proposals for the IAAO 42nd Annual Legal Seminar, set for Dec. 2-3, 2021, in Fort Lauderdale, Florida. The Legal Task Force is seeking qualified professionals to present on topics of interest to lawyers and assessors. Possible topics include, but are not limited to, the following categories: unique valuation problems, effective representation, courtroom technology, public policy, appeal processes, public relations, and ethics. Click here for more information and to submit a presentation.
+ Volunteers needed for Annual Conference >
IAAO is looking for volunteers to work at the IAAO Annual Conference in Chicago, Aug. 29 - Sept. 1. By agreeing to volunteer eight hours, attendees can qualify for a reduced conference registration rate of $395. Once you are confirmed, each volunteer will receive a volunteer coupon code to use when registering. Most of the volunteer positions at the Annual Conference are associated with the registration desk, badge scanning at entrances to sessions, and assisting with coordination of offsite events. To volunteer, fill out the online form at illinoisiaao.org/volunteer-form or contact the Local Host Volunteer chairs, Chesney Leafblad at cleafblad@warrentownshipassessor.com, or Tim Jorczak at tjorczak@assessor-blm.com.
+ Nominations accepted for IAAO Awards, Fellows programs >
IAAO is accepting nominations for its Awards Program and Fellows Program through May 1. The Awards Program boasts 17 categories recognizing individual and organizational achievements in several areas, including publications, technical expertise, and service to IAAO. Award winners and Fellow selections are recognized at the IAAO Annual Conference. The Awards Program is a highly visible event and all IAAO members and affiliated organizations are encouraged to submit nominations. Fellow nominees are brought forth by the IAAO membership each year and submitted during the awards nominations period. Read more
+ Hot Topic: One-way streets >
IAAO Connect members are discussing whether changing one-way streets to two-way streets could have an effect on nearby property values. Read more
+ Empty office buildings squeeze city budgets as property values fall >
At a meeting with U.S. Treasury Secretary Janet L. Yellen last month, Jeff Williams, the mayor of Arlington, Texas, laid out his grim economic predicament: Heavy spending on coronavirus testing and vaccine distribution had dwarfed dwindling tax revenue, forcing the city to consider painful cuts to services and jobs. While sluggish sales and tourism were partly to blame, the big worry, Mr. Williams said, is the empty buildings. Read more
The head of London’s Heathrow Airport urged British finance minister Rishi Sunak to offer airports the same exemption from business rates property taxes that has been given to other sectors hit hard by the coronavirus pandemic. Read more
+ Samsung's request to pay zero property tax on $17 billion plant tests Austin's incentive policy >
Samsung Semiconductor is shopping around a $17 billion, 6.1 million-square-foot chip manufacturing plant, and if the tech giant chooses Austin, one of three U.S. locations under consideration, the project would be one of the largest single economic investments in Texas history. In return, Samsung has asked the city for a record tax incentive package for the plant — a 100% property tax rebate for 25 years, according to documents reviewed by Community Impact Newspaper. Read more
+ DA subpoenas property tax agency in Trump Organization probe >
The Manhattan District Attorney's Office has subpoenaed the New York City Tax Commission as part of a criminal investigation into former President Donald Trump's real estate company, according to a spokesperson for the New York City mayor. Read more
+ Pittsburgh goes to court over reassessment
... and it could be just the start
Rivers Casino is taking its pandemic-fueled fight to lower its property assessment to court. The casino’s owner is appealing after the county’s board of property assessment appeals and review refused to change the venue’s 2020 assessment of $245.9 million. Should the casino succeed in getting it reduced — even slightly — it could cost the city, the county, and the city’s schools hundreds of thousands of dollars in property tax revenue. However, the casino’s case might be just the tip of the iceberg. Read more
Owners looking to let out properties on Airbnb must now hand over their personal tax details to the global home sharing platform, as Revenue steps up its oversight of the business. While the accommodation portal has been sharing information on Irish host earnings with Revenue for some years now, a recent legislative change in Ireland means Airbnb is now also asking hosts for their PPS (personal public service) numbers, as well as the local property ID of the property being let out. The new rules apply to all hosts who are Irish tax-resident and to anyone with a listing in the Republic. Read more
+ Coeur D'Alene, Idaho >
Residential Appraiser I, Kootenai County See more
Residential Appraiser III, Kootenai County See more
+ Wichita, Kansas >
Agricultural Appraiser, Sedgwick County See more
+ Charlotte, North Carolina >
Senior Appraiser- Commercial/Revaluation, Mecklenburg County See more
+ Hillsboro, Oregon >
Property Appraiser I/II - Bilingual and/or Multicultural, Washington County See more
+ Madison, Wisconsin >
Property Appraiser I, City of Madison See more
+ Fairfax, Virginia >
Real Estate Appraiser I, Fairfax County See more
Real Estate Appraiser II, Fairfax County See more
+ Williamsburg, Virginia >
Real Estate Appraiser I/II, James City County See more
+ Fort Pierce, Florida >
Commercial Real Estate Appraiser, St. Lucie County See more
International Association
of Assessing Officers
314 West 10th Street
Kansas City, Missouri 64105
Share news:
Keith Robison
Don't want these emails?
Unsubscribe here.