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Billionaire Illinois Governor J.B. Pritzker is targeting the richest residents in a push to raise more revenue for his cash-strapped state. Pritzker is joining Democrats in at least half a dozen states that are calling for higher taxes on the wealthy. It’s built momentum since President Donald Trump’s 2017 overhaul cut corporate rates, with local hikes proposed in New Jersey, New Mexico, Washington, Massachusetts, and California. Read more
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The state’s largest business group has concerns over closing the “dark store” loophole. It allows businesses to base their tax assessments similar to the value of a vacant store and typically results in lower property taxes for the business. Wisconsin Manufacturers and Commerce says closing it would increase costs for businesses in Wisconsin. A proposal to close the dark store loophole is included in Gov. Tony Evers’ budget, and has bipartisan support among lawmakers. Read more
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Do the poor pay more for housing? That’s the question at the heart, and in the title, of a detailed paper published in the American Journal of Sociology on the actual housing costs paid by Americans in low-income urban neighborhoods. Its authors track the rent burdens and levels of exploitation faced by those living in concentrated poverty. They also uncover the staggeringly high profit margins made by the landlords who own properties in these areas. Read more
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IAAO NEWS
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+ Register for Conference! Hotel rooms added >
The 85th Annual International Conference on Assessment Administration is set for September 8-11, 2019, in Niagara Falls, Ontario Canada and a new block of hotel rooms has been added at the Radisson Hotel & Suites Fallsview. Complete registration for the conference is open and the early bird registration deadline is July 19. More than 110 educational sessions are scheduled at the conference and the full list is available to view. Read More
+ Limited hotel rooms now available for new IAAO Leadership Summit in Washington, D.C. >
A limited number of hotel rooms are now available at the Hyatt Place Washington DC/US Capitol hotel for ELS attendees. The room rate is $199 per night and can be reserved online. IAAO's first-ever Emerging Leadership Summit is set for May 30-31 in Washington, D.C. The summit will focus on helping attendees in becoming good leaders and scholarships are available for the event. The summit will explore emerging trends, leadership issues, professional development, property valuation and land administration for property tax development worldwide. Read more
+ Catch up on valuation issues, trends at IRS meeting >
The joint IAAO and Australian Property Institute's International Research Symposium, April 30-May 2 in Melbourne, Australia, will include programs on global innovations, mass appraisal systems, spatial valuation, reimaging global cities, appraisal and valuation technologies, smart cities, data analytics, a keynote address on trends in Australia, and an optional learning lab on improving valuations with open data. Read More
+ 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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AROUND THE INDUSTRY
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+ Ireland defers property tax review to keep lid on housing costs >
Ireland will defer a revaluation of its national property tax by a year and extend controls on residential rents in areas where they are growing rapidly until 2021 in a bid to keep a lid on rising housing costs. House prices have almost doubled since the government introduced a tax based on the market value of residential properties in 2013, and it postponed an initial revaluation by three years in 2016 to ensure bills remained frozen. Read more
+ The most (and least) tax-friendly major U.S. cities >
Life in a big city can be pricey. The rent is usually higher than in smaller communities, and so are basic costs of living such as food. There’s one additional driver to the cost of city living that can be overlooked: taxes. It’s no secret that taxes can take a huge bit of your paycheck, no matter where you live. But depending on which city you choose to call home, your taxes can be significantly higher or lower, based on data collected by GOBankingRates. Read more
The U.S. Treasury Department has offered its recipe to help improve Puerto Rico’s tax system, which mainly calls for non-agricultural and farming lands to each have a one-size-fits-all tax. The report examines the current status of the property tax on the island and compares it with standards commonly employed to appraise tax systems. It also provides policy and administrative options and makes recommendations about the tax. Read more
A municipality in Canada is set to accept bitcoin for property tax payments starting next month as part of a one-year trial. The Town of Innisfil, Ontario, announced Thursday that the cryptocurrency payment option will be offered in partnership with Toronto-based digital assets trading platform Coinberry. Starting April, approximately 36,000 residents of the town will now see bitcoin (BTC) as a payment option on the municipality’s website. Read more
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+ Casper, Wyoming >
Chief Deputy County Assessor for Natrona County See More
+ Fairfax, Virginia >
Real Estate Appraiser II for Fairfax County See More
+ Fairfax, Virginia >
Real Estate Appraiser II for Fairfax County See More
+ Ontario, Canada >
Property Valuation Specialist, Valuation & Assessment Standards for the Municipal Property Assessment Corporation (2) See More
Senior Appraiser for County of Roanoke See More
+ Wichita, Kansas >
County Appraiser for Sedgwick County See More
+ Philadelphia, Pennsylvania >
Chief Assessment Officer for the City of Philadelphia See More
Commercial BOTA Specialist for Johnson County See More
+ Tallahassee, Florida >
Property Tax Oversight Director for Florida Department of Revenue See More
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International Association
of Assessing Officers
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Keith Robison
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