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County, developer in property tax fight over former Air Force base housing area >
A series of lawsuits against Meade County, South Dakota, for nearly a decade’s
worth of tax assessments of a housing development near Ellsworth Air
Force Base may be heading toward a resolution. The lawsuits, which span
back to 2012, claim Meade County overvalued the leaseholder interest of
828 housing units built by developer Hunt Companies in the 1990s on land
owned by the United States government. In later lawsuits, Hunt
Companies began claiming that their leaseholder interest is exempt from
taxation since they were built on government land. Read more
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The
Biden-Harris Administration is announcing new steps to help narrow the
racial wealth gap and reinvest in communities that have been left
behind. Specifically, the Administration is expanding access to two key
wealth-creators – homeownership and small business ownership – in
communities of color and disadvantaged communities. Read more
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Before
the coronavirus recession, Utah’s housing market was on fire. Then came
the COVID-19 pandemic, which sent residents of Northern California and
Seattle in search of affordable houses and more space, and an
already-hot market grew hotter. Dave Robison, past president of the Utah
Association of Realtors and Salt Lake City Realtor, sums up the
activity simply: “It’s insane.” Read more
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IAAO NEWS
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+ Register TODAY to take advantage of early-bird rates at THE assessing event of the year >
Registration
has started for the in-person and virtual components of the 2021 IAAO
Annual Conference, from Aug. 29 to Sept. 1 in Chicago. The Annual
Conference is the premier platform to share successes, discover best
practices, and learn about the latest research in the field of property
appraisal. Participants may register online, or registration forms are
available to download. More than 70 sessions will be offered at the
in-person conference, and the virtual conference component will include
access to a select number of education sessions, networking
opportunities, exhibitors/sponsors, and more. In addition, as of June 1,
Chicago has removed restrictions on all visitors from other states
requiring vaccinations or negative COVID-19 tests. Register here
+ IAAO launches demographic campaign; update your profile for a chance at a $50 gift card >
IAAO
launched a new three-part demographic data collection campaign this
week, starting with a member profile update. Members who update their
profile will be entered in a drawing for $50 gift cards sponsored by
Tyler Technologies. The profile information includes additional details
than collected in previous years. The information will be used to assess
IAAO’s membership makeup and highlight the diversity of our global
community. Profile updates are a focal point for the new IAAO Diversity
and Inclusion Task Force, and in addition to the profile update project,
the Task Force is working on a short Office/Community Survey to send to
each membership office along with a member wide Diversity and Inclusion
Temperature Check Survey. Update your profile
+ June 8 workshop: Appraising commercial properties in a declining market >
IAAO
is offering Forum 909, a one-day workshop on “The Appraisal of
Commercial Properties in a Declining Market” on Tuesday, June 8. Many
jurisdictions are experiencing a decline in the value of their
commercial and industrial properties for the first time in recent
history. Explore the process for valuing properties that fall into this
category. The exploration of capitalization rates, vacancy calculations,
and market rents are critical to this task. The impact and adjustment
of using the market approach will also be discussed. The course offers
7.5 hours of IAAO recertification credit. The cost is $179 for IAAO
members and $199 for nonmembers. Register online
+ Learn about the Library in our Words with Assessor game >
The
Friends of the IAAO Paul V. Corusy Library Trust are inviting IAAO
members to a game of Words with Assessors, with a chance to win gift
cards. During the contest, which runs from May to Aug. 10, a new word
will be hidden on library webpages each week. Just find the words and
enter them on the playing card. The first word (LIBRARY) was in a May/June F+E article, and the second word is now on a library page.
Participants will learn more about the library and the resources it has
to offer. The drawings for gift cards for those members who find the
most words and complete the game board will take place the 2021 IAAO
Annual Conference. Completed game cards can be brought to the conference
or emailed to eichholz@iaao.org by Aug. 17.
+ June 4 webinar will discuss trends in commercial real estate >
“What's
Going Down in Commercial Real Estate?" will be the focus of the June
IAAO webinar at noon Central on Friday, June 4. The COVID-19 Recession
has left its mark on the economy, influencing various types of
commercial real estate in different ways. This webinar will look at
national market trends for a range of commercial use groups, as well as
some suggestions on appraising in a declining market. The webinar will
be presented by Brad Eldridge, CAE, and will offer two hours of
continuing education credits. Read more
+ Learn Excel’s most useful assessing tips and tricks in June 29 webinar >
Need
to learn more about Excel and all the tips and tricks it offers? Vision
Government Solutions is sponsoring a free webinar at 12:30 p.m. Central
on June 29 to “Discover Excel’s Most Useful Assessing Tips and Tricks.”
David Cornell of Cornell Consultants, and a Microsoft Certified
Trainer, will review Excel’s new charts and graphs; show how to apply
logic based conditional formatting; teach participants how to automate
data preparation and cleaning; use Power Query, Pivot Tables and Power
Pivot Tables; and how to create custom statistical measures in Excel
(coefficient of dispersion, for example). Sign up online.
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IAAO CONNECT CORNER
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+ Hot Topic: electric car charging stations >
IAAO Connect members are discussing valuation/taxation of electric vehicle charging stations. Read more
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AROUND THE INDUSTRY
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St.
Louis County Assessor Jake Zimmerman is urging the Missouri county to
rid itself of a high-interest “clean energy” residential loan program,
equating proposals to add market competition and consumer protections to
“putting lipstick on a pig.” Questions have been raised about the
program following a ProPublica investigation that found that some PACE
borrowers, saddled with the substantial costs of home improvements, are
faced with high tax bills that they are unable to pay. More than 100
PACE program participants, out of about 2,700 analyzed, were at risk of
losing their homes, ProPublica found. Read more
Local
property tax will be reviewed every four years under an overhauled
system which also brings newly-built homes into the net. People will be
asked to value their own homes under the adjusted property tax system
which will be based on “fairness” and “affordability,” Ireland's Finance
Minister Paschal Donohoe has said. Wealthy local authority areas will
be allowed keep all funds collected from the taxes under the reworked
system, meaning funding from central Government will have to be
allocated to make up the deficit across other councils.” Read more
Taxpayers
in Nassau County, New York, may still be footing an annual $22.8
million bill for ineligible residents claiming veterans’ property-tax
exemptions, according to a May audit report. Read more
Madison
County, New York, was recruiting a new financial analyst in January
2020. The job was hers, but she asked some questions. “She wanted to
know if we offered work-from-home options,” County Administrator Mark
Scimone said. “I said ‘No, we’re a government, we don’t do work from
home. That’s not something we do and that’s not something I envision us
doing.’” She took the job anyway and started in March. Within a week,
she and many of the county’s roughly 600 employees were working from
home to prevent the spread of the coronavirus. That dramatic shift
illustrates how fast the conventional wisdom regarding county personnel
trends can change. Read more
+ David Ginsborg, Santa Clara, California, Deputy Assessor, to retire >
Santa Clara County Assessor Lawrence Stone announced last Friday that his right-hand-man, David Ginsborg, will
retire on July 1. Ginsborg, who has been with the assessor’s office for
24 years, joined the office in 1997, two years after Stone became
assessor. He leaves to become Executive Director of a synagogue in a
neighboring county. “David's contribution to me and the Assessor's
Office have been monumental, and he leaves behind a tremendous legacy,”
Stone wrote. Read more
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+ Fort Lauderdale, Florida >
Appeals Specialist, Broward County Propety Appraiser See more
+ Ontario, Canada >
Manager, Centralized Properties, Municipal Property Assessment Corporation See more
+ Westerly, Rhode Island >
Assistant Assessor, Town of Westerly See more
+ Boston >
Deputy Director of Valuation, City of Boston Assessing Department 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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