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Michigan governor vetoes tax breaks for big-box retailer Meijer >
Michigan Gov. Gretchen Whitmer pocket vetoed proposed tax breaks
for retail chain Meijer and that would have let certain businesses hurt
by the coronavirus pandemic defer their property tax payments without
facing penalties or interest. The Republican-led Legislature passed the
bills largely along party lines before adjourning last month. The
Democratic governor let them die at the close of a 14-day review period
Monday. The state Treasury Department and groups representing public
schools and local governments opposed the measures, citing budgetary
implications. Grand Rapids-based Meijer, which has more than 240 stores
in six states, lobbied to waive sales and property taxes at a
550,000-thousand-square-foot warehousing and distribution facility. Read more
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In a focus group with 32 business owners, Cushman & Wakefield
found there is still a place for the office, though remote work
productivity has remained strong. Still, the participants in focus
groups said increased remote work has created a perceived cost in
long-term productivity, corporate culture and innovation, and
creativity. In fact, work-from-home fatigue is setting in, which is
partially driven by video conferencing. “People are getting sick of Zoom
calls,” Marty Burger, CEO of Silverstein Properties, said. Read more
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With
added demands for technology and altered work streams in the remote
working environment, Americans are increasingly reconsidering the
suitability of existing houses. In the process, many people decided to
move, seeking more space, larger homes with home offices, quieter
neighborhoods, and affordability, according to the National Association
of Realtors. The shift uncovered a noticeable migration away from
expensive high-density downtowns toward lower-cost suburbs as well as
small and medium-sized towns. Read more
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IAAO NEWS
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+ Research Grant Program deadline is Feb. 12 >
IAAO
is accepting research topics submissions for the 2021 IAAO Research
Grant Program. IAAO members, along with students and faculty, are
eligible to submit proposals. The IAAO Research Grant Program, formerly
the Academic Partnership Program, provides financial support to complete
research in areas related to property appraisal, assessment
administration, and property tax policy. Submissions will be accepted
until Friday, Feb. 12, 2021.
+ Submit your presentation ideas for the conference by Jan. 21! >
Interested
in presenting at the 2021 IAAO Annual Conference in Chicago? The Call
for Presentations is now open. The submission deadline is Jan. 21, and
anyone interested is encouraged to submit presentation ideas as soon as
possible. Registration discounts of up to $200 may be available to
presenters. Submit a presentation
+ Tyler Technologies offering 'Virtual Appeals/Operations' webinar Jan. 14 >
As
appraisal and tax offices are challenged by the pandemic, constituent
demands, limited resources, and more, workflows must be adapted to meet
changing needs. IAAO Partner Tyler Technologies is offering a webinar on
Jan. 14 on Going Virtual – A Shift in Appeals Collaboration.
Specifically, when dealing with property valuation appeals, vendors, and
offices alike are exhibiting great agility to ensure taxpayers’
concerns are heard and issues are resolved with minimal complications.
Revealing tips and tricks for virtual collaboration, Tyler Technologies’
vice president of appraisal services, Mark Folkerts, along with senior
appraisal project supervisors Mary Noldy and Eric Coakley, offer
important anecdotes and lessons learned from managing multiple virtual
property appeals in 2020. The team of experienced remote specialists
will deliver thoughtful insights on virtual operations and also discuss
critical components for successful interactions moving forward. This
webinar will last about an hour, and is scheduled for 2 p.m. Eastern
time, Thursday, Jan. 14. Register here
+ Women's Initiative Task Force call on Navigating Conflict is Jan. 19 >
The
IAAO Women's Initiative Task Force series of interactive virtual
presentations continues with a second call on Tuesday, Jan. 19 and will
be on A Focus on Navigating Conflict, covering navigating
conflict in the workplace. Join the monthly Zoom discussion by
registering online. Future calls will be set up and to be put on the
list to be contacted please use the signup page LINK. Register here https://www.iaao.org/store/events/registration.aspx?event=WINJAN21
+ Help available for membership dues >
2020
has been a challenging year for every jurisdictions’ budget. With this
in mind, Vision Government Solutions and IAAO are offering the COVID-19
Membership Support Grant to provide greater opportunities for members to
renew their annual IAAO Membership dues. The grant is available to a
limited number of IAAO members whose jurisdictions are not paying
membership dues because of budgetary restrictions. Download the form to
apply for the grant to pay membership dues. Read more
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IAAO CONNECT CORNER
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+ Hot Topic: Radio transformations in multiplicative modeling >
IAAO Connect members are discussing Ratio Transformations in Multiplicative Modeling. Read more
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AROUND THE INDUSTRY
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Idaho
Democrats on Tuesday unveiled their proposals to tackle steadily rising
property taxes across the state as legislators prepare to return to
Boise next week. State Sen. Grant Burgoyne (D-Boise) characterized the
group’s slate of bills this way. “On property tax, we need to kind of
swing big here,” Burgoyne said. “We need to have a tax that is fair and
right now, the tax is not fair.” One of the three proposals would tie
residential property tax exemptions to the rise and fall of each
county’s housing market going back to 2017. If enacted, the new system
would be implemented in fiscal year 2022. State lawmakers capped the
homeowner’s exemption at $100,000 in 2016. Read more
+ Homeownership continues push into unaffordable territory >
New
data show homeownership is becoming increasingly unaffordable. In its
fourth-quarter 2020 U.S. Home Affordability Report, ATTOM Data Solutions
says that median home prices of single-family homes and condos were
less affordable than historical averages in 55% of counties. That was an
increase over the 43% posted a year ago and 33% from three years ago. Owning
a home in the United States slipped into the unaffordable zone for
average workers across the nation in the fourth quarter as the numbers
continued a year-long slide in the wrong direction,” said Todd Teta,
chief product officer with ATTOM Data Solutions. Read more
+ A majority of young adults live with their parents, highest percentage since the Great Depression >
The coronavirus outbreak
has pushed millions of Americans, especially young adults, to move in
with family members. The share of 18- to 29-year-olds living with their
parents has become a majority since U.S. coronavirus cases began
spreading early this year, surpassing the previous peak during the Great
Depression era. Read more
+ Kenya Treasury seeks to overhaul 64-year-old property tax rates >
The
National Treasury of Kenya is seeking to overhaul the 1956 property
valuation laws in bid to determine new land rates and bring more
property owners across counties into the tax bracket. In recently
published tender documents, the Treasury wants to hire a consultant to
develop a draft national rating legislation to replace the outdated
Valuation for Rating Act of 1956 and the Rating Act of 1963.
Treasury says the project is part of its efforts to enhance county
governments’ own source revenue which hit four-year low of Sh32.49
billion in 2017/2018 financial year before recovering slightly to
Sh35.48 billion in 2019/2020. Read more
+ Under-taxing derelict land costs Scotland millions, MSP's research reveals >
Scotland
is losing out on “substantial revenue” by under-taxing owners of vacant
and derelict land, according to new research by a prominent land reform
campaigner.
A recent report for the Scottish Government’s Scottish Land Commission
found that under-taxing land “encourages landowners to use land
inefficiently as developed properties face higher tax burdens than
vacant land.” Read more
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+ Yuma, Arizona >
+ Roanoke, Virginia >
Assistant Director of Real Estate Valutation, County of Roanoke See more
+ Wilmington, North Carolina >
Appraisal Manager, New Hanover County See more
+ San Jose, California >
Senior Appraiser, County of Santa Clara See more
+ Houston >
Appraiser I, Harris County Appraisal District See more
+ Eden Prairie, Minnesota >
Real Estate Appraiser I or II, League of Minnesota Cities See more
+ Ukiah, California >
Real Property Appraiser III, County of Mendocino See more
+ Raleigh, North Carolina >
+ Waukegan, Illinois >
Residential Appraiser, Lake 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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