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House prices rise at breakneck pace, but some economists say it won't last >
Home
prices continue to increase at an incredibly fast pace around the
world, adding to the financial pressures home buyers face amid rising
mortgage rates. The COVID-19 pandemic prompted a rush into the housing
market. Cramped households sought out larger houses in the suburbs and
rural areas, while at the same time, millennials are reaching their
prime house-buying years. These buyers have encountered little
supply of homes for sale, creating an incredibly competitive and
stressful market. Until now, that’s caused house prices to rise quickly,
but that could soon change. Read more
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The
Association of Scotland’s Self-Caterers (ASSC) has launched its first
ever manifesto for the Holyrood elections, setting out the help they
believe their sector needs to get back to business. The
Scottish Government announced in September that plans for a tourist tax
had been put on hold due to Covid-19 and that “future consideration of
the levy will take account of the changed context the industry is
operating in.” Read more
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As
billionaire Dan Gilbert pumped billions into downtown Detroit buildings
and helped spur a revival in one of America's poorest major cities,
residents kept asking: "What about the neighborhoods?” The co-founder of
Quicken Loans delivered a $500 million answer last week. Help is on the
way, first with a $15 million fund to help pay overdue property taxes. Read more
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IAAO NEWS
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+ Performance management in a crisis is focus of April webinar
"Performance
Management in a Crisis" will be the focus of an IAAO webinar on April
16 from noon to 1 p.m. Central. The COVID-19 crisis, and now the vaccine
distribution, has laid bare the challenges government faces at all
levels to deliver health care. The consequences are no less dire for
assessors’ offices, traditionally the largest source of local
discretionary funding for schools, cities, and local government. Santa
Clara County, California, has not just weathered the storm, but the
office has measurably excelled. In this webinar, Santa Clara Assessor
Lawrence E. Stone describes the cost accounting and performance
management systems he created and has nurtured since he was first
elected in 1994 as Silicon Valley's Assessor. He will also discuss how
to create an employee-culture in a heavily unionized environment that
embraces customer service and accountability. The webinar will offer one
hour of CEU credit. Read more
+ May webinar on measuring obsolescence in personal property >
“Defining
and Measuring Obsolescence in Personal Property” will be the subject of
a webinar on May 14 and will discuss distinguishing personal property
from real property, and the consideration of obsolescence in personal
property. The webinar, from noon to 2 p.m. Central, will also continue
with discussion of inutility, and specifically discusses consideration
of the effects of COVID-19 on valuation of property. Both real and
personal property appraisers will benefit from the information covered
in this presentation. The webinar will be presented by Lisa Hobart, CAE,
PPS, FIAAO, of Lisa A. Hobart, LLC, and offer two hours of CEU credit. Read more
+ Register for the 2021 Emerging Leaders’ Summit >
Registration
will open soon for the 2021 Emerging Leaders’ Summit and this year’s
event, “GROW into Coaching,” is a multi-part skill-building certificate
program. Participants will engage in a content-rich program including
three webinars (June 23, July 14, and Aug. 11) focused on leading
through coaching with a growth mindset. The program will culminate in an
interactive event, “Embracing Change,” in Chicago during the IAAO
Annual Conference. Emphasis will be on learning the GROW coaching model.
Presenting will be award-winning coach, author, educator and speaker,
Judy Favor, Ph.D., who has helped countless others reach their potential
for more than 25 years. Registration opens April 5.
+ Hotel reservation block open for Annual Conference in Chicago
The
hotel room block at the Hyatt Regency Hotel in Chicago is now open.
Members planning on attending the IAAO Annual Conference, Aug. 29-Sept.
1, may now reserve a room. A one-night deposit of room and tax is
required to hold the room but can be canceled without penalty up to 48
hours before scheduled arrival. Registration for the annual conference
will open later in April. More than 70 educational sessions in 10 tracks
will be offered at the conference. A complete list is viewable on the
conference site. Reserve a room here.
+ 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 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 helping with coordination of
offsite events. To volunteer, fill out the form or contact the Local Host Volunteer chairs, Chesney Leafblad at cleafblad@warrenttownshipassessor.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 numerous categories recognizing
individual and organizational achievements in 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
presented during the awards nominations period. Read more
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IAAO CONNECT CORNER
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+ Hot Topic: assessment appeals procedures >
IAAO Connect members are discussing assessment appeals procedures. Read more
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AROUND THE INDUSTRY
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Riley
County, Kansas, will have to refund $95,000 after the Kansas Board of
Tax Appeals ruled in favor of a local Home Depot on a 2018 appraisal of
the store. The decision could have effects beyond the loss of revenue to
the local government. Riley County
valued Home Depot at $6.44 million in 2018, and Home Depot’s
representatives argued the amount should be $4.07 million, a 40-percent
reduction. The board agreed with Home Depot. Read more
Thanks
to the latest stimulus, every county in the country will receive money
directly from the federal government, based on population. This fulfills
a goal local governments have pursued since the pandemic began a year
ago. “I’ve got 147 million ways to say this relief plan is going to have
an impact for us,” says Larry Johnson, a commissioner in DeKalb County,
Georgia. “We’re all glad to have the money go directly to our counties
and not go through the state first.” Read more
As
states plan for their post-pandemic futures, officials are developing
budgets to ensure the economic recovery occurs quickly but without
negatively impacting residents. One of the biggest ways that states
expand their budgets is by increasing taxes. In a new report, WalletHub
compares the three types of state tax burdens – property taxes,
individual income taxes, and sales and excise taxes – as a share of
total personal income to better understand the tax variation across the
nation. Read more
+ Timeshare bill could cost Florida counties, cities and schools $170 million in property taxes >
After
Osceola County Property Appraiser Katrina Scarborough won a major case
against Wyndham timeshares upholding the way it values the company’s
resorts, some Florida lawmakers now want appraisers to use a different
method — a change that could cost cities, counties, and schools $170
million a year in property taxes. The proposal before the Florida
Legislature is being pushed by a lobbyist for Grande Vista, a timeshare
in Orlando run by Marriott Vacations Worldwide Corp. Read more
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+ Fort Lauderdale, Florida >
Deputy Appraiser I-Residential, Broward County Propety Appraiser See moreDeputy Appraiser I-Commercial, Broward County Propety Appraiser See more
+ Daleville, Virginia >
Senior Appraiser I-Commercial/Reassessment, Wampler-Eanes Appraisal Group See more
+ Milwaukee >
Property Appraiser 3, City of Milwaukee See moreSenior Property Appraiser 1, City of Milwaukee See more
+ Charlotte, North Carolina >
Assistant Assessor-Division Director, Mecklenburg County See more
+ West Palm Beach, Florida >
Senior Commercial Appraiser, Palm Beach County Property Appraiser's Office See more
+ Denton, Texas >
Legal Specialist, Denton Central Appraisal District See more
+ Coeur D'Alene, Idaho >
Chief Deputy Appraiser, Kootenai County See more
+ Columbia, South Carolina >
County Assessor, Richland 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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