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‘Death of the mall is widely exaggerated’: Shopping malls see resurgence post-COVID, report shows
The malls of America have begun to recover from the consumer exodus spurred on by the COVID-19 pandemic.
Well, at least some of the malls have, according to a
recent study from Coresight Research, which tracks consumer, retail, and
tech trends.
Since the lifting of restrictions and consumer behavior
began returning to pre-pandemic normalcy, physical retail has bounced
back, Coresight Research said. More stores opened in 2022 than closed –
the first time that's happened since 2016 – and malls' sales grew more
than 11% in 2022 to nearly $819 billion, the firm said in its “The State of the American Mall” report. Read more
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But this foray into environmental conservation raised the eyebrows of the Ada County Commissioners. Read more
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IAAO NEWS
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Electric repairs to take IAAO website offline Sept. 15
The IAAO website and access to online educational
components may be limited on Friday, Sept. 15. Power to the IAAO
building in Kansas City will be turned off to repair damage to the
electrical connections.
As part of the repairs, the casing for the main electrical
wires into the building will be repaired and protective pillars around
the wires will be installed to prevent future damage. Repairs are
expected to start at 9 a.m. and should be complete by 3 p.m. Central.
Nearly 1,400 attend conference; photos available
Nearly 1,400 attendees, speakers, and business partners
attended the 2023 IAAO Annual Conference last week in Salt Lake City.
IAAO is surveying
attendees about the conference in preparation for the 2024 Annual
Conference, Aug. 25-28 in Denver. Photos from the conference are
available to view online. Read more.
IAAO announces 2023 Class of Fellows
IAAO announced at the IAAO Annual Conference that seven industry leaders were selected for IAAO’s 2023 Class of Fellows.
The IAAO Fellows title is awarded annually to recognize the
best of the best within the industry’s ranks. The Fellows were
recognized at the Closing Banquet at the IAAO Annual Conference in Salt
Lake City. The IAAO Board approved the Fellows program in 2018 to
recognize individuals who have dedicated their careers to the
development of our profession and made exceptional contributions to the
Association and the assessment industry.
The 2023 class of Fellows are:
• August J. Dettbarn, FIAAO, Douglas County (Kansas) Appraiser's Office
• Dorothy Jacks, AAS, FIAAO, Palm Beach County (Florida) Property Appraiser's Office
• Darwin Kanius, CAE, FIAAO, Saskatchewan (Canada) Assessment Management Agency
• Kim Lauffer, RES, FIAAO, Baldwin City, Kansas
• Tina W. Stone, PPS, AAS, FIAAO, North Carolina Dept of Revenue, Local Govt. Div.
Property Tax Section, Raleigh, North Carolina
• Terry R. Taylor, CAE, RES, AAS, FIAAO, Orange County (Florida) Property Appraiser's
Office
• Bruce M. Woodzell, FIAAO, Vision Government Solutions Inc., Charlottesville, Virginia
Sept. 27 IAAO webinar on managing complex deed workflows
You might be spending more hours on ownership transfers
than you think. After all, there is mapping work, exemptions
review, mailings, sales qualifications, and various departments have to
manage complex processes around each deed.
Hear how Boulder County leveraged technology to go from
being several months behind on transfers to fully caught up. The
webinar, set for noon Central on Wednesday, Sept. 27, will be presented
by Cindy Braddock and Will DeOreo and is eligible for 1.5 CEU hours. The
cost is $55 for IAAO members and $77 for nonmembers. Register here.
Farragut to offer webinar in September on technology and property taxes
In case you missed the discussion in Salt Lake City,
join IAAO business partner Farragut and tax experts to discuss how
emerging technology is changing the world of property tax on Wednesday,
September 20 from 1-2:00 p.m. Eastern for a webinar on Unveiling the Future of Property Tax: Navigating Emerging Technologies.
Technology is rapidly evolving and has the ability to
transform best practices for tax assessors and their teams. This panel
will discuss where technology is headed, how assessors should
responsibly use it and how it is changing the field. Key Discussion
Points Will Include: Technology’s Trajectory, Responsible Utilization,
Transformational Best Practices, Navigating Change, and Equity and
Fairness. Register here
Early registration for Legal Seminar ends Sept. 30
Registration is underway for the 2023 IAAO Legal Seminar,
set for Nov. 30-Dec. 1 in Louisville, Kentucky, at the Omni Louisville
Hotel. Attendees will hear from industry experts on legal topics of
interest to members of the assessment and property tax industry. The
theme for the seminar is “Assessing the New Norm.”
Attendees may register online or submit a paper form
with payment. Early registration fees are $550 for IAAO members and $750
for nonmembers until Sept. 30. Rates increase to $660 for members and
$900 for non-members until Nov. 20 and then onsite rates are $790 for
members and $1,080 for non-members.
Continuing legal education credits (CLEs) will be available
and IAAO will seek approval for continuing legal education credits for
states that are requested by Oct. 1. Read more.
Residential model building offered online in October
IAAO is offering Course 333: Residential Model Building
online Oct. 16-19. The course focuses on mass appraisal model building
for residential properties. Along with problems and illustrations this
course uses hands-on labs and exercises along with real-world data to
answer questions and construct data transformations price trends land
and improved residential models and ratio analyses. The course uses
IBM’s statistical software package SPSS (Statistical Package for the
Social Sciences) the most common statistical software package used by
assessors. Register here.
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IAAO Connect members are talking about methodologies for making building size adjustments. Read more
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AROUND THE INDUSTRY
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Property taxes by state: A breakdown of the states with the highest and lowest property taxes in 2023
Looking for a new home — or perhaps a second one — involves
weighing multiple factors. One crucial aspect is the community where
the house is located. However, contributing to the local amenities such
as schools and public works means paying property taxes. Read more
Flathead County joins challenge of Montana’s property tax laws
Flathead County has attached itself to other counties in
the state seeking a determination of whether the state is accurately
taxing property owners.
County commissioners approved sending a letter to Attorney General
Austin Knudsen seeking an opinion on state law as it pertains to taxing
authority and 95 mills tied to funding schools.
The commissioners in the letter say that it has come to
their attention that there might be deviations from the prescribed
guidelines within state law leading to “unintended consequences in terms
of over-taxation of Flathead County residents.” Read more
County’s tax relief efforts might not help property owners much, but museums could take a big hit
An effort by Routt County, Colorado, Commissioners to
mitigate property tax increases as home values in the Yampa Valley rise
may disproportionately harm local museums.
At a recent meeting, county commissioners discussed a
rollback in the rate applied to taxable parcels that benefit five local
museums and historic preservation efforts. The annual mill levy,
approved by voters in 2003, is tiny. On an average priced home in the
county — about $951,332, according to Zillow.com — it amounts to less
than $20.
As slight as it is for the individual homeowner, the impact for the museums that rely on it is significant. Read more
Insurance pullback could pressure California, Florida tax bases long term
Rising premiums and reduced availability of homeowners’
property insurance could drag on housing markets, development activity,
overall economic growth and ultimately tax bases for certain California
and Florida local governments over time, Fitch Ratings
says.
Insurers are re-evaluating their exposures to
geographic areas with elevated catastrophe risk as they face greater
losses and higher building and reinsurance cost, and insurance plays a
key role in securing mortgages and enabling rebuilding following natural
disasters. Read more
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Austin, Texas
• Chief Appraiser, Travis Central Appraisal District See more
Madison, Wisconsin
• Assessment Auditor 1, City of Madison Assessor Office See more
Chicago
• Research Senior Analyst-Commercial, Cook County Assessor's Office See more
Provo, Utah
• Valuation Manager, Utah County Assessor See more
East Hartford, Connecticut
• Assessor, Town of East Hartford See more
Sandpoint, Idaho
• Residential Appraiser I, Bonner County Assessor's Office See more
Golden, Colorado
• Commercial Appraiser, Jefferson County Government See more
Greenwich, Connecticut
• Assessment Technician, Town of Greenw ich See more
Kissimmee, Florida
• Residential Field Appraiser, Osceola County Property Appraiser's Office See more
• Commercial Appraiser, Osceola County Property Appraiser's Office See more
Eau Claire, Wisconsin
• City Assessor, City of Eau Claire 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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