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State property tax official accused of helping Colorado luxury ski resorts cut their tax bills
The
deputy director of the Colorado Division of Property Taxation, a state
tax official required to be a neutral arbiter, is instead advising
Colorado luxury resort hotel owners about how to minimize their property
taxes, according to leaders in the counties that have lost millions of
dollars in revenue. Read more
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The
coronavirus pandemic has forced those of us in the multifamily sector
to reassess real estate’s time-honored location-location-location
mantra. With remote work now commonplace in several businesses — a trend
that promises to continue post-pandemic — it is now often a matter of
relocation-relocation-relocation. Read more
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When
business owner Bobby Read approached the Brooksville City Council about
buying a municipal building at the base of the small Florida city's
water tower, he didn't expect the water tower to come with it. The
personal trainer intended to turn the building into a training studio.
But when he went to the county property appraiser's office to get an
address for his new business, the county told him he'd received much
more than the building — several thousand gallons more. Read more
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IAAO NEWS
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+ Register TODAY to take advantage of early-bird rates at THE assessing event of the year
July
16 is the early-bird deadline to register for the in-person and virtual
components of the 2021 IAAO Annual Conference, from Aug. 29 to Sept. 1
in Chicago, and nearly 500 people have signed up since registration
opened just a few weeks ago. The Annual Conference 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. In addition, Chicago has removed restrictions on all visitors from
other states requiring vaccinations or negative COVID-19 tests. Register here
+ Conference Committee seeks Roundtable topics
The
Conference Committee is looking for Roundtable topics at the upcoming
IAAO Annual Conference in Chicago. Roundtables are informal
discussions on pressing current topics important to IAAO members and to
provide a venue to share with and learn from peers. If you have a topic
you would like to see covered, please email Leann Ritter at ritter@iaao.org.
At past conferences, topics have included affordable/low-income
housing; broadband/5G technology; energy efficient homes; unique
properties; hotel/motel valuation; open-source software; politics and
the assessor’s office; rural solutions; senior housing; titles and
deeds; trends in transportation; land banking; staffing issues; and
collecting data with drones.
+ First winner picked in demographic campaign; update your profile for a chance at a $50 gift card
James
Labish, RES, of the Kootenai County, Idaho, Assessor’s Office, is the
first 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.
+ Learn about the 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 second and third 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 eichholz@iaao.org by Aug. 17.
+ Learn Excel’s most useful tips and tricks for assessing in June 29 webinar
Need
to learn more about Excel and all the tips and tricks it offers? Vision
Government Solutions is sponsoring a free webinar at 1:30 pm EST on
June 29 to “Discover Excel’s Most Useful Assessing Tips and Tricks.”
David Cornell of Cornell Consultants, and a Microsoft Certified Trainer
(MCT) will review Excel’s new charts and graphs; show how to apply
logic-based conditional formatting; teach how to automate data
preparation and cleaning; use Power Query, Pivot Tables, and Power Pivot
Tables; and how to create custom statistical measures in Excel
(coefficient of dispersion, for example). Sign up here.
+ Deadline to submit Board candidacy info is July 1
Members interested in running for the IAAO Board of Directors should submit candidate material by July 1. Check out the elections page
for more information. Regular members in good standing will be able to
vote electronically from Nov. 1-15, for the Regular Board Member,
Associate Board member, and Officer positions.
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IAAO CONNECT CORNER
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IAAO Connect members are discussing the various certification requirements and differences among U.S. states. Read more
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AROUND THE INDUSTRY
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The Department of Finance, who recently announced a revised system
for calculating the tax, reckons more than a third (36%) of homeowners
are facing a higher bill, just over half (53%) won’t see any change,
while just over one in 10 (11%) will see a reduction in their tax. Read more
After
a series of court battles over how to levy property taxes onto
affordable housing properties, housing owners and county auditors have
been slowly making their way to a negotiated solution. But that ongoing,
nearly two-year discussion could all be in jeopardy thanks to a move
that caught stakeholders off guard. Last week, Ohio Senate President
Matt Huffman, R-Lima, helped insert into the state budget bill a
component that would significantly increase property tax valuations for
subsidized housing. Read more
In
a time of sticker shock from property valuations and rising concern
over inequity in the housing market, the two-decades-old homestead
exemption stands as both a means of financial relief for many homeowners
but also a tool that — in its present form — has raised questions of
fairness. Read more
The
national average for rent jumped 2.3 percent from April to May, a
record month-over-month growth for the third consecutive month,
according to Apartment List,
an online rental marketplace. The rate of rent increases has been
outpacing the average rent growth for several months, and in May the
national median rent officially surpassed the level that Apartment List
economists would expect if the pandemic had not upended forecasting.
Nationally, year-over-year rent growth was 5.4 percent from April 2020
to April 2021. Read more
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+ Boston
Deputy Director of Valuation, City of Boston, Assessing Dept. See more
+ Rochester, Minnesota
Commercial Appraiser, Olmsted County See more
+ Globe, Arizona
Chief Deputy Assessor, Gila County See more
+ Fort Lauderdale, Florida
Appeals Specialist, Broward County Property Appraiser See more
+ Ontario, Canada
Manager, Centralized Properties, Municipal Property Assessment Corporation 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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