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Cook County will review all property values because of the coronavirus pandemic >
Cook County Assessor Fritz Kaegi is planning to reevaluate every single property in the county in the wake of the coronavirus pandemic. It’s a momentous endeavor that has never been done before and could have significant ripple effects in years to come, both for local governments that rely heavily on property tax revenue to fund operations and property owners who would have to pick up the tab. But that impact won't be known until 2021, when property tax bills based on 2020 values are mailed out. Read more
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Your couch or your comfy chair might have seemed like a good idea when you were just getting started with this whole remote work thing, but now that you’re working from home for weeks on end, you might need something better for the long haul. Read more
Congressional efforts to address the economic impacts of the COVID-19 pandemic have reshaped the paid leave landscape for workers and employers alike, including counties. As part of the Families First Coronavirus Response Act, which passed last month as the second “phase” of the federal response to COVID-19, Congress expanded paid family and medical leave benefits through two new laws applicable to businesses with fewer than 500 employees and to government employers of all sizes,  including counties. Read more
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IAAO NEWS
+ Free webinar this Friday on financial markets status >
IAAO is offering a free webinar on Financial Market Mayhem - Seeing Our Way Through the Turmoil from noon to 1 p.m. Central on Friday, April 17. The webinar will be presented by Pat Smith, Vice President & Planning Counsel for the MTC Holding Corporation. He holds a juris doctorate and LLM in taxation and he will review the tumult of the COVID-19 virus and its effect on financial markets, the economy, monetary policy, interest rates, and saving/investing for retirement. The discussion is general in nature and participants should not make investment decisions without consulting their personal advisor. No CEU's will be issued. Read more
 
+ IAAO offers free webinar on assessing and COVID-19 >
IAAO will offer a free webinar on Assessing COVID-19: What You Need to Know from noon to 2 p.m. Central on Wednesday, April 29. The webinar, presented by Marc Moffitt; N. Joel Moser, Esq.; and Tim Wilmath, will provide information on how their offices are working during these unprecedented times and how the pandemic will affect real estate values in 2020 and 2021. Additional topics include: discussions about the value impact to various market segments, the legal horizon, and real-world examples of how to work remotely while meeting the needs of the public. The webinar has been approved for two hours of continuing education credit. Read more
 
+ Personal property issues to be covered in two-part webinar >
A two-part webinar series on Personal Property: Basics and Beyond is set for April 24 and May 4 and will be presented by Lisa A. Hobart, CAE, PPS, FIAAO, ASA. Participants will gain an understanding of topics in the area of personal property, including: defining personal property; discovering personal property; validating personal property renditions; estimating appraised value when property does not file a statement; application of cost approach; reporting of used purchase prices; and auditing. Participants are encouraged to attend both sessions, but an overview from part one will be presented in part two. Each webinar has been approved for two hours of continuing education credit. Read more
 
+ Online courses, webinars on sale during April >
IAAO is now offering online self-study versions of Course 101 - Fundamentals of Real Property Appraisal, and Course 331 - Mass Appraisal Practices & Procedures. During April, members can sign up for these, other online courses, and past webinars, at a discount. All online courses (offered in April OR the future) are 15% off the member rate for members who purchase them in April. Use coupon code ECOURSE15OFF during checkout to receive the discount. Previously recorded webinars are 50% off in April by using coupon code WEBINAR50OFF.
 
+ Nominations accepted for Awards, Fellows program >
IAAO is accepting nominations through May 1 for its Awards Program and Fellows Program. The Awards Program boasts 17 categories recognizing individual and organizational achievements in several areas, including publications, technical expertise and service to IAAO. Award winners and Fellow selections are recognized at the IAAO Annual Conference. The Awards Program is a highly visible event and all IAAO members and affiliated organizations are encouraged to submit nominations. Fellow nominees are brought forth by the IAAO membership annually and submitted during the awards nominations period. Read more
 
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IAAO Connect Corner
+ Hot Topic: Remote workplace resources >
IAAO Connect members are discussing remote workplace resources in the new online community established on the pandemic. The new community was created to assist all assessors and valuers around the world with issues regarding COVID-19. Read more
AROUND THE INDUSTRY
+ Global finance ministers say they are prepared to offer debt relief for struggling nations >
Global finance ministers and central bank chiefs backed debt relief for the world’s poorest nations as part of a coordinated response to the deepening global recession on Tuesday. The finance leaders from the Group of Seven said they would suspend debt service payments the poor countries owe to other governments if all Group of 20 nations agreed to back the move, as anticipated. In a statement following a virtual meeting to discuss the crisis, the finance leaders endorsed efforts to get global banks to offer similar relief to the 76 countries eligible for the World Bank’s easiest loan terms. Read more
 
Most laptops come with a built-in webcam, but if you’re working at home from a desktop or maybe just looking to touch up the mediocre quality of whatever camera you’re stuck with, external webcams are still a crucial accessory. But with so many people now firmly settled into work-from-home life, they’ve become nearly impossible to find. NPD Group reported a 179 percent jump in sales for webcams over the first three weeks of March as consumers settled into quarantine. Read more
 
A growing number of homeowners, including those with multiple houses, in some of South Korea’s major cities are giving houses to family members instead of selling them to avoid hefty taxes, data showed Monday. The number of houses traded among family members in Daegu has more than doubled from 254 in January to 632 in February, according to data compiled by the Korea Appraisal Board. Read more
 
Construction — especially building houses — is considered an essential task in California amid the coronavirus outbreak. But some developers say they have nonetheless been forced to put their projects on hold as the pandemic worsens. Read more
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+ Chelsea, Massachusetts >
Assessor, City of Chelsea See more
 
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International Association
of Assessing Officers
 
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