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Property owners brace for Nashville's 34% tax hike >
Davidson County, Tennessee, property owners will need to prepare
for a higher tax bill after the Metro Council gave final approval to
next year’s budget. Nashville Mayor John Cooper said he would not have
considered an increase this large if Nashville was not facing record
financial challenges. Read more
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It looks like real-estate porn. Literally. When real-estate
developer Nile Niami put his $100 million Beverly Hills house on the
market in 2017, he commissioned a steamy marketing video to promote it.
The video features young female models undulating in poses throughout
the 20,500-square-foot, seven-bedroom mansion. Nearly three years later,
with the home still on the market, Williams is rebranding it to lure
families, who have been the primary buyers of contemporary houses over
the past year. Read more
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Walt Disney World and the lodging industry lobby just won a
sweeping legal victory that could save Disney and other big hotel owners
millions of dollars in taxes. Ruling in a years-long lawsuit between
Disney and Orange County Property Appraiser Rick Singh, an appellate
court determined that Singh’s office improperly inflated the value of
Disney’s Yacht & Beach Club Resort, a luxury hotel with an annual
property tax bill of more than $4 million. Read more
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IAAO NEWS
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+ Virtual annual conference schedule, session list released >
The
preliminary list of sessions and overall schedule for the 86th Annual
International Conference on Assessment Administration is now available
on the IAAO website. IAAO is transforming the conference into an
exciting virtual conference featuring educational sessions, an exhibit
hall, and special events. The 2020 virtual conference will take
place Aug. 30 to Sept. 1. IAAO posted the list of sessions speakers
agreed to present online and is working on scheduling the sessions
during the conference. For more information, see the conference schedule and education session list.
+ IAAO offering several live online courses this summer >
IAAO
is offering several courses live online in July and August, and
registration is now open for the courses. Currently scheduled are
- Course 500: Assessment of Personal Property with Lisa Hobart, CAE, PPS, FIAAO, Mondays and Wednesdays, starting July 6
- Course 402: Tax Policy with Jason Frost, CAE, Tuesdays and Thursdays, starting July 7
- Course 201: Appraisal of Land with Larry Clark, CAE, FIAAO, Mondays and Wednesdays, starting July 20
- Workshop 163: Marshall & Swift Cost Approach (Commercial) with Larry Clark, CAE, FIAAO, Tuesdays and Thursdays, starting July 21
- Workshop 100: Understanding Real Property Appraisal with Paul Bidanset, Tuesdays and Thursdays, starting July 28
- Course 102: Income Approach to Valuation with Tom Frey, RES, AAS, Mondays and Wednesdays, starting Aug. 10. Read more
+ Legal Seminar set for Dec. 3-4 in Austin; registration now open >
The
IAAO 41st Annual Legal Seminar will be presented at the Omni Austin
Hotel Downtown Dec. 3-4, 2020, in Austin, Texas. It will cover legal
topics of interest to members of the assessment and property tax
industry. Attendees may register online or submit a paper form with
payment. Fees are $500 for IAAO members and $700 for nonmembers until
Nov. 2. After that date, fees increase to $550 for members and $750 for
nonmembers. For more information, see the registration and hotel page. Read more
+ Run for the Board of Directors! The deadline is July 6 >
Members interested in running for the IAAO Board of Directors should submit candidate materials by July 6. Check out the Elections page
for more information. Regular members in good standing will be able to
vote electronically from Nov. 1-15, 2020, for the 2021 Regular Board
Member and Officer positions. There will not be an election for the
Associate Members in 2020. Read more
+ Share your IAAO membership story >
How
has membership in your local IAAO Chapter or Affiliate contributed to
your success? IAAO would love to hear how your involvement at the local
level helped you both professionally and personally. To see President
Elect Greg McHenry’s story, click here. Share your story by email to Jill Wilbeck, Senior Membership Services Manager, at wilbeck@iaao.org
+ Are you a second-generation IAAO designee? >
Or are you a designee married to a designee? We're looking for designee families to interview for a future story in Fair+Equitable magazine. If you belong to an IAAO designee family, please contact F+E Editor Keith Robison at robison@iaao.org
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IAAO Connect Corner
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+ Hot Topic: Virtual conferences >
IAAO Connect members are discussing various aspects of virtual conferences in several threads in the Open Fourm of IAAO Connect. Read more
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AROUND THE INDUSTRY
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+ New York landlords fall short on property taxes after COVID-19 wipe out rent payments >
July 1 marked the deadline for thousands of beleaguered building
owners to fork over billions of dollars in property taxes to New York
City — and nearly half of them are expected to fall short. Some 6
percent of property owners won’t be able to pay their tax bills at all,
while another 39 percent will only be able to make partial payments,
according to a survey by trade group Community Housing Improvement
Program, or CHIP. Read more
About 114,000 more Florida properties are at risk of flooding in a
100-year storm than the Federal Emergency Management Agency currently
estimates, according to a model released Monday by a nonprofit arguing
the country has undersold its vulnerability to disasters. Read more
Putnam County, New York, Legislator Paul Jonke filed a $1.5 million
breach of contract lawsuit against the town of Carmel, claiming the
town offered him the assessor’s job but then later rescinded the offer
at a point when it was too late for Jonke to reapply for the town of
Kent assessor’s position — the job he held at the time Carmel allegedly
make him the offer. Read more
The VALUER research project will see the first mortgages and
additional borrowing offered in the UK that recognize home energy
efficiency in their affordability calculations. The project aims to
develop understanding and demonstrate the emerging difference in value
between low and high energy homes. As part of the project, green
mortgages and additional borrowing products will be made available to
two ‘geofenced’ pilot areas in South Wales. Read more
Employees in the Wayne County and Wayne Township assessors' offices
have been working from home recently during a 14-day quarantine after
three county assessor's office employees tested positive for COVID-19.
According to Ken Paust, president of the Wayne County Board of
Commissioners, all of the employees in the two assessors' offices were
tested after one person was found to have been infected by the novel
coronavirus. That round of testing found the other two cases. None of
the three individuals is seriously ill, Paust said. Read more
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+ Chelsea, Massachusetts >
+ Washington, North Carolina >
+ Newbury, New Hampshire >
Assistant Assessor, Tri Town Assessing See more
+ Minot, North Dakota >
Director of Tax Equalization, Ward County See more
+ Nashua, New Hampshire >
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International Association
of Assessing Officers
314 West 10th Street
Kansas City, Missouri 64105
816-701-8100
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