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What we can learn from Germany’s unique method of calculating property values
As countries struggle to regulate and standardize the techniques and
technology behind how valuing real estate, Germany offers some important
lessons for the impacts of regulation. Germany is part of the European
Union, but Germans were apparently not satisfied with how the rest of
the world calculates the book value of real property. Instead, they have
chosen a more complicated and more regulated approach to real estate
appraisal. Read more
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St. Paul residents continue legal fight against street fees
St.
Paul, Minnesota, property owners have filed new appeals in a legal
battle that has already forced the city to raise taxes to pay for street
maintenance. The property owners say street repairs benefit the entire
city, so they shouldn't have to foot the bill. Read more
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Supreme Court leaves CDC eviction moratorium in place ... for now
The
Supreme Court is leaving a pandemic-inspired nationwide ban on
evictions in place, over the votes of four objecting conservative
justices. The court on Tuesday rejected a plea by landlords to end the
Centers for Disease Control and Prevention moratorium on evicting
millions of tenants who aren’t paying rent during the coronavirus
pandemic. Read more
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IAAO NEWS
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+ IAAO backs bill to defray costs of GPS interference
IAAO has joined a group of more than 100 organizations and
companies endorsing the proposed non-partisan “RETAIN GPS and Satellite
Communications Act.” The Senate bill, introduced by Sen. Jim Inhofe,
R-Oklahoma, hopes to defray the costs of impact of interference on GPS
devices used by assessors and others by a new, private wireless network
owned by satellite communications company Ligado. A previous FCC order
did not require Ligado to pay the costs of GPS interference their new
network could cause to users of devices and applications. Read the endorsement letter. Read the Retain Act text.
+ Reminder: IAAO has an RFP portal
The Request for Proposal (RFP) process is often time-consuming, and maximizing
exposure can be challenging. To address these common issues, IAAO has a
site on IAAO Connect to review or post an RFP, RFI, or RFQ. By posting
in IAAO Connect, your request will be easily accessible by nearly 8,000
IAAO members. Associate members interested in responding now have one
place to check for RFPs, RFIs, and RFQs from throughout the industry. To
view or post RFPs, go to IAAO Connect and join the RFP Community. Additional instructions on joining or posting RFPs are available at www.iaao.org/rfp.
+ Register TODAY to take advantage of early registration rates at THE assessing event of the year
July 16 is the early registration deadline for the in-person and virtual components of the 2021 IAAO Annual Conference, from Aug. 29 to Sept. 1 in Chicago. Nearly 600 people have signed up since registration opened just a few weeks ago. Here's a new schedule at a glance. The Annual Confe rence
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. Check out the video from keynote speaker Morris Morrison promoting the conference. Register here.
+ Webinar to review everything you need to know about the 2021 Annual Conference
The IAAO Annual Conference is right around the corner, and IAAO will be presenting a free webinar
from noon to 1:00 p.m. July 30 with event details. Hosted by the IAAO
Headquarters Team and Local Host Committee, the webinar will dive into
the details that will make this the best IAAO conference yet. Come learn
the ins, outs and must-sees directly from the people who make it all
possible. There is no charge for the webinar and no CEU Hours provided.
+ Learn about the IAAO 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 additional words are now on library pages.
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 Toni Eichholz at eichholz@iaao.org by Aug. 17.
+ Second winner picked in demographic campaign; update your profile for a chance at $50
Rick Conti ASA, ARM/PP, MAA, Assessor for the City of Taunton,
Massachusetts, is the second recipient of a $50 gift card for
participating in the IAAO demographic campaign. IAAO launched the
demographic data collection campaign on June 1. Members who update their
profile are entered in a drawing for $50 gift cards sponsored by Tyler
Technologies. The profile update includes additional information than
was collected in previous years. The information will be used to assess
IAAO’s membership makeup, and highlight the diversity of our global
community. Update your profile.
+ The Appraisal Foundation needs board candidates
The
Appraisal Foundation has begun its annual search for candidates to
serve on the Appraiser Qualifications Board and the Appraisal Standards
Board. Individuals serving on the Boards are compensated for their time
and are reimbursed for travel expenses. Those selected for a position on
the AQB or ASB will serve initial terms of one to three years starting
Jan. 1, 2022. For more information, and to apply, go to https://www.appraisalfoundation.org.
+ Registration now open for 2021 Women’s Initiative Workshop
Registration is now open for the Women’s Initiative Workshop, an online
presentation to take place over four days in September. The topic will
be “Building Diversity, Equity & Inclusion From a Foundation of
Emotional Intelligence,” and will be presented by Christine Watkins
Davies, MA, PCC, and Zach Montroy, SPHR, on Sept. 22, 23, 29 and 30. All
programs will run from noon to 4 p.m. Central. The workshop will
provide attendees with a deeper understanding of emotional intelligence
as well as a key set of tools to be the well-rounded leader needed in
today’s environment. The cost to register is $225 for IAAO members and
$365 for nonmembers. The deadline to register is Friday, Sept. 10, to
allow participants to receive and complete the EQi 2.0 Online Assessment
before the workshop. Participants will receive their individualized
27-page report at the session. Register here.
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IAAO CONNECT CORNER
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IAAO Connect members are discussing loading cap rates. Read more
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AROUND THE INDUSTRY
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It's been six years since Taiwanese giant Formosa Petrochemical Corp. laid out plans for a multibillion-dollar mega-plastics
complex in Louisiana, but much of the company's economic incentive
package remains intact despite numerous delays a fraught relationship
with environmental activists. One thing that hasn't changed for the
company is its lucrative state promise of a 100% property tax break for
10 years on the project. Read more
China’s red-hot
property prices are once again back under regulatory glare.
Policymakers in Beijing are looking to enforce a property tax to rein in
soaring housing prices. This may come soon in the form of a test run of
reforms, according to news reports. Read more
Working in partnership with the City of Chicago and the Cook County Assessor’s Office, ULI
Chicago convened a group of experts which reviewed the Illinois
Department of Revenue Sales Ratio Studies and other sources and
constructed a hypothetical scenario of what the fair assessment and
taxation might have looked like and how it might impact different
property types. The scenario is based on conditions in 2018, when
Chicago was last reassessed, in an effort to provide insight before Chicago’s 2021 reassessment. Read more
The property tax rate in Lewiston, Maine, has been reduced thanks to $100
million in new valuation from the New England Clean Energy Connect
project. City officials announced the tax rate drop Tuesday, which comes
after a contentious budget season marked by debates over Lewiston's high tax rate and overdue revaluation. Read more
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+ San Diego
Division Chief I, Assessor/Recorder/County Clerk, County of San Diego See more
+ Charleston, West Virginia
Director of Property Tax, West Virginia State Tax Department See more
+ Hartford, Connecticut
Chief Assessment Technician, City of Hartford Finance Department See more
+ San Jose, California
Deputy Assessor, County of Santa Clara See more
+ West Hartford, Connecticut
Property Appraiser III-Residential Property, Town of West Hartford See more
+ Chesterfield, Virginia
Director of Real Estate Assessments, Chesterfield County See more
+ Lincoln, Nebraska
Senior Commercial Appraiser, Lancaster County Assessor's Office See more
+ Coeur D'Alene, Idaho
Residential Appraiser I, Kootenai County See more
+ Boston
Deputy Director of Valuation, City of Boston Assessing Department See more
+ Rochester, Minnesota
Commercial Appraiser, Olmsted County See more
+ Globe, Arizona
Chief Deputy Assessor, Gila 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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