Not magic? Disney World again sues county over property taxes >
One thing that is not magic to Walt Disney World is the property taxes it must pay to a Florida county. Disney is once again suing the Orange County property appraiser over 2019 tax assessments for its theme parks, resorts, employee buildings and other structures. The company has filed similar lawsuits in past years. The Orlando Sentinel reports that Property Appraiser Rick Singh says the Disney complex has been undervalued for years. Disney says it is challenging errors in the assessments. Read more
“How will cities survive the coronavirus?” a New York Times opinion writer recently asked. “Can New York avoid a coronavirus exodus?” the Financial Times chimed in. Since the beginning of the pandemic, many have predicted the demise of U.S. urban living — where physical proximity is the norm, social distancing complex, and lockdowns in sometimes cramped apartments decidedly uncomfortable. But a new report suggests that such hand-wringing may be premature. Read more
It’s no secret that out-of-date tax rolls can cost state and local governments millions. Especially in states like Florida that levy no income tax, property taxes are a chief source of revenue, and they depend on an accurate record of homestead exemptions. Enter The Exemption Project, a startup in Chicago that offers county governments an online portal and data service to identify unqualified and unclaimed exemptions on tax rolls. Read more
+ IAAO to host virtual annual conference, registration is open >
Following a review of comments, concerns, and logistics on holding the IAAO annual conference in Denver in late August, IAAO will transform the 86th Annual International Conference on Assessment Administration into an exciting virtual conference featuring educational sessions, an exhibit hall, and special events. The 2020 virtual conference will take place Aug. 30 to Sept. 1. Please see the message from President Amy Rasmussen, RES, AAS, FIAAO, for more details, and also see conference FAQs and letter for more details.
+ Share your IAAO membership story >
How has membership in your local IAAO Chapter or Affiliate contributed to your success? IAAO would love to hear how your involvement at the local level helped you both professionally and personally. To see President Elect Greg McHenry’s story, click here. Share your story by email to Jill Wilbeck, Senior Membership Services Manager, at wilbeck@iaao.org
+ IAAO to work to expand opportunities for minorities >
In wake of recent protests in the United States and around the globe, President Amy Rasmussen has asked the Board of Directors and the Executive Director to launch a series of activities to recruit minority candidates into the assessment and tax policy profession in order to make the assessment industry more reflective of our communities. In addition, IAAO will work to engage and welcome those candidates into the ranks of IAAO, foster their development into IAAO designated assessment professionals, provide expanded volunteer positions for previously underrepresented populations in the IAAO, and finally, provide new pathways to leadership positions in IAAO, both in our volunteer and professional staff ranks. For more details, please view the video message.
+ Run for the Board of Directors! The deadline is July 6 >
Members interested in running for the IAAO Board of Directors should submit candidate materials by July 6. Check out the Elections page for more information. Regular members in good standing will be able to vote electronically from Nov. 1-15, 2020, for the 2021 Regular Board Member and Officer positions. There will not be an election for the Associate Members in 2020. Read more
+ IAAO offers free webinar on using Excel in conducting ratio studies >
June IAAO webinars include a June 19 free webinar on Using Excel for Conducting Ratio Studies. The webinar, presented by Alan Dornfest, AAS, FIAAO, will demonstrate using an Excel template as he walks participants through the basics of starting out, inputting and filtering data, and using time-adjusted options. This is a free webinar for IAAO members.
+ IAAO education prepay deadline now June 30 >
Have you considered prepaying for IAAO courses? IAAO is offering jurisdictions the opportunity to prepay for online, self-study, or live online education courses at a 10% discount. To qualify for the discount, firms must pay in advance and payments must be received by IAAO before June 30, 2020, and then class(es) must be taken within 12 months of the initial arrangement. For questions or additional information, contact Ashley Lathrop, Deputy Chief Financial Officer, at 816-701-8125 or lathrop@iaao.org. See video for More info .
+ Are you a second-generation IAAO designee? >
Or are you a designee married to a designee ? We're looking for designee families to interview for a future story in Fair+Equitable magazine. If you belong to an IAAO designee family, please contact F+E Editor Keith Robison at robison@iaao.org
IAAO Connect Corner
+ Hot Topic: Virtual conferences >
IAAO Connect members are discussing virtual conferences and the IAAO annual conference being virtual in 2020. Read more
+ Closing sales start at many JCPenney stores >
The end is near for about one out of every six JCPenney stores. The bankrupt company said they started store-closing sales Wednesday at 136 locations, which will last between 10 to 16 weeks. Five of those stores have been closed since mid-March due to the Covid-19 pandemic and are only reopening to hold the liquidation sales. The company, which filed for bankruptcy on May 15, said it also reopened 115 stores on Wednesday that will remain in business -- at least for now. The company told the bankruptcy court that it plans to close about 250 stores, about 30% of its overall network of 846, by the middle of 2021. Read more
"Pandemic pricing," as some agents call it, has arrived across the country as landlords react to the economic fallout of the coronavirus pandemic. With many people either losing their jobs or working from home due to the shutdowns, many tenants have chosen to leave their apartments behind in major cities. Read more
2020 has brought a great deal of hardship to many parts of the U.S., but particularly to Nashville, Tennessee. Music City was hit with an early March tornado outbreak that devastated property across swaths of the city. That was follow by the pandemic that shuttered businesses, some permanently, and tanked the economy. Mayor John Cooper and Nashville Metro Council members proposed a 34% property tax hike, which was approved shortly after midnight on Wednesday after the second-longest meeting in Council history. Read more
Both American Homes 4 Rent and Invitation Homes experienced low- to mid-single digit growth in new leases and higher occupancies since the initial stay-at-home ordinances were implemented. This trend differs from apartment REITs with portfolios in urban environments, where occupancies have been declining and new lease growth has decreased year-over-year in May by single digits in certain metros, according to the research team at Green Street Advisors, a commercial real estate research and advisory firm. Read more
+ Chelsea, Massachusetts >
Assessor, City of Chelsea See more
+ Sandpoint, Idaho >
Appraiser, Residential-Certified See more
+ Fargo, North Dakota >
City Assessor, City of Fargo See more
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