The Department of Revenue Senate File 144 Committee will hold a work meeting April 15, 2009 at the Natrona County Annex, Corner of First and David, Casper, WY 82601 from 9:00 a.m. to 4:00 p.m. The Department of Revenue Senate File 144 Committee will hold a work meeting April 29, 2009 at the Natrona County Annex, Corner of First and David, Casper, WY 82601 from 9:00 a.m. to 4:00 p.m. The Department of Revenue Senate File 144 Committee will hold a work meeting May 13, 2009 at the Natrona County Annex, Corner of First and David, Casper, WY 82601 from 9:00 a.m. to 4:00 p.m. The Department of Revenue Senate File 144 Committee will hold a work meeting May 27, 2009 at the Natrona County Annex, Corner of First and David, Casper, WY 82601 from 9:00 a.m. to 4:00 p.m. The Department of Revenue Senate File 144 Committee will hold a work meeting June 9, 2009 at the Natrona County Annex, Corner of First and David, Casper, WY 82601 from 9:00 a.m. to 3:00 p.m. CANCELLED: The Department of Revenue Senate File 144 Committee will hold a work meeting June 24, 2009 at the Natrona County Annex, Corner of First and David, Casper, WY 82601 from 9:00 a.m. to 4:00 p.m. The Department of Revenue Senate File 144 Committee will hold a public meeting July 9, 2009 at the Wyoming County Assessors Summer Meeting, Saratoga Inn, Saratoga, WY from 8:30 a.m. to 10:30 a.m. March 27th SF 144 Teleconference Minutes The meeting was called to order at app. 9:34 a.m. Ken Uhrich started the meeting with brief introductions and bio’s from each committee member. General ground rules and purposes for the committee were discussed. Primarily this committee is to promulgate rules that act in the best interest of the State, the Counties, and the taxpayers as a whole. Any personal agenda must not be considered. Ken Uhrich went over the general goals and objectives of the committee referred to in the March 13th letter. The calendar of meetings was addressed by David Franck. A new calendar will be sent out to each committee member. One of said dates will be the public meeting on July 9th from 8:30-10:30 at the Assessors’ meeting in Saratoga. The DOR will look in to the availability of teleconference for members of the committee unavailable to physically attend Casper meetings. Mr. Wirth stated that the public should not be allowed to interfere with the actions of the committee. He suggested written comment and limited verbal comment from the public at scheduled meetings in Casper. The remainder of the committee is in agreement. The DOR will look in to what constitutes “legal notice” of a public meeting. David Franck briefly went over the documents sent out the committee. These documents will also be included in each member’s notebook. Briefly recap the language in SF 144. A brief conversation of the CH 9 rules as well as potential areas of change was mentioned. Kathy Treanor mentioned that potential areas of change may be sections 6-9. Ken Uhrich stated that the committee will need to be familiar with CH 9 rules as well as Part A of the IAAO Sales Ratio Standard. The committee came to the consensus that any applicable IAAO standards should be considered in writing rules relating to SF 144. Shelley Deromedi brought up the point that these rules may be in direct conflict with SBOE rules and procedures. The DOR will need to look in to this potential problem. Jack Rehm brought up Mr. Wirth's request for raw sales data for analysis. The committee saw no great problem with this request provided the data is “generic” and does not identify owner/jurisdiction names, etc. Mr. Wirth made a brief presentation regarding sales ratios and the bell curve. He stated that the lower elongated curve is what the committee should address. Also that homogeneity and increased sample size should correct most problems the taxpayer would see as an issue. Sub-Committee assignments were reviewed. Mr. Madden and Mr. Docksteder opted to change places. A revised copy of the work assignments will be sent to each committee member. County liaison assignments were reviewed. County Assessors on the committee saw no problem with these assignments and thought the idea to be a sound one. The DOR will bring its laptop server to each meeting to give the committee access to Realware. Kathy Treanor agreed to have Washakie County data loaded on the server. The meeting adjourned at app. 11:30 a.m. SF 144 Committee Meeting Minutes April 2, 2009 The meeting was called to order by Ken Uhrich at 9:05 a.m. In attendance were Ken Uhrich, Jack Rehm, David Franck, Marvin Applequist, Grant Showacre, Shelley Deromedi, Kathy Treanor, Troy Clements, Sen. Dan Dockstader, Rep. Mike Madden, and Mike Watson. Mike Madden mentioned that the interim committee meeting had been moved to July 22nd and 23rd. Shelley Deromedi moved to accept the minutes from the March 27 teleconference, Grant Showacre 2nd the motion, the committee voted to accept the minutes. Multiple attempts were made to set up a teleconference call to enable Mr. Wirth to participate in the meeting. These attempts failed and Mr. Wirth was unable to participate. Ken Uhrich briefly reviewed the committee schedule and future meeting dates. Ken Uhrich stated that posting the committee information on the DOR website did constitute as public notice for the Public Information Act. The committee briefly reviewed sub-committee assignments and “sub-chairman” positions were established as follows: Statistical group- Jack Rehm; Reporting form- Shelley Deromedi; Rules- Troy Clements (however in sub-committee meeting it was decided that Grant Showacre will chair the Rules Sub-Committee). The committee briefly reviewed county liaison assignments. Assignments were deemed to be acceptable. The two chairman of the interim committee will be put on the email list for SF 144 committee minutes by the request of Rep. Madden and Sen. Dockstader. Ken Uhrich went over the recap of SF 144. Sen. Dockstader and Rep. Madden recommended focusing more on guidelines for residential improved parcels vs. vacant, etc. Grant Showacre stated the guidelines for improved parcels would most likely flow over in to the unimproved properties. Grant Showacre also suggested that the rules be somewhat stable (generic) so they do not need to be re-written every year. A suggestion was made that the wording in the rules say “the most current” IAAO standards. The committee agreed with this statement. Marvin Applequist stated that CCI needs to know what needs to be on the form ASAP in order to have things in place on the first of the year. Rep. Madden stated that the taxpayers need a simple form that explains how the Assessor’s value was determined. Grant Showacre stated that overall the system is good as is, it just needs to better explain how values are arrived at. Break from 10:36-10:50. The committee discussed whether the bill was intended to pull in all IAAO standards or just specific standards. The general consensus of the committee was to pick and choose the most applicable standards for use in Chapter 9 Rules. The DOR will send out a list of all IAAO standards to the committee for the next meeting. The committee will determine the most applicable standards. Ken Uhrich reiterated that the effective date of this bill is July 1, 2009. Marvin Applequist stated that the DOR is pushing CCI that the changes the committee decides on WILL be done (forms/reporting, etc.). The committee discussed the current access to sales by the taxpayer. Current statute reads sales information is available for properties “of like use and geographical area” not a blanket statement giving full access to all sales. Ken Uhrich stated that definitions of all terms (LEA/NBHD, etc) MUST be included in the rules. Mike Watson stated that the taxpayer wants to see how and why a property is valued as it is. Committee discussed that lettering and numbering of rules may need to be altered. The rules sub-committee will look in to this matter further. Ad Valorem will need to be replaced with Property Tax Division, etc. Rep. Madden said that Chapter 9 rules Section 9 is the basis of the committee’s work. Ken Uhrich went over the IAAO standard on Ratio Studies and stated that part A is the most applicable to our job and should be the focus of the committee’s work. Break for lunch 12:00-1:02 p.m. Jack Rehm gave a brief demonstration of what is available in the Realware system. The Assessors on the committee did a great job of further explaining how they used the system and further explained the system to the committee. Grant Showacre explained the difference between NBHD and LEA to the legislators on the committee. The committee discussed the forms currently available in the CAMA system. The statistical form in the system is a good one but would need to include a total number of parcels w/in a strata (not just the number that sold) as well as an individual sales ratio for each sale. The committee discussed the ins and outs of the sales verification process. Rep Madden had to leave at 2:07 p.m. Break from 2:20-2:34 p.m. The committee broke up in to sub-committee groups. After reconvening as a whole sub-committee discussions were reviewed. The forms group stated that what is currently in the system is pretty good and that a few adjustments such as the total # of accounts in a strata as well as adding confidence intervals and any additional statistics that the statistical sub-committee comes up with should be added. The want to contact CCI to see about expanding the cost breakdown report already in the system. They had a brief conversation with David Chapman of the Technical Services Group (TSG) to better understand what CCI will be able to do. Dan Shadakofsky will be the liaison between the committee and TSG. The forms sub-committee want to keep to forms and explanation as simple and easy as possible for the taxpayer. The Rules group will begin working on adding definitions and renumbering/lettering the Chapter 9 rules. Grant Showacre will email the Assessors regarding what the rules state regarding county computer systems. The statistical group was unable to meet as Mr. Wirth was not present for the meeting and Rep. Madden had to leave early. David Franck will get copies of the Guide for Assessment standards, W.S. 39-11-102, and relevant Wyoming Constitution areas sent out to the committee. Ken Uhrich recommended that the sub-committees work via teleconference or web meeting to expedite their work between regularly scheduled meetings. The meeting was adjourned at 4:03 p.m. Our next meeting will be held April 15 & 16 in Casper at the Petroleum Club. SF 144 COMMITTEE APRIL 9, 2009 TELECONFERENCE Called to order by Ken Uhrich at 2:10 p.m. In attendance were: Troy Clements, Jack Rehm, Shelley Deromedi, David Franck, Dan Shadakofsky, Ken Uhrich, Rep. Mike Madden, Grand Showacre, and Sen. Dan Dockstader. Ken Uhrich gave a brief explanation on Governor Freudenthal’s recent order to limit spending and what this meant to the SF 144 Committee (no two day meetings or DOR paid lunches, etc.). Ken Uhrich asked the committee if they thought that this reduction in the number of meeting days would be adequate. The committee felt that it would still have sufficient time to achieve its goals. Grant Showacre stated that he would be willing to do whatever it takes to get this process done in a timely manner. The rest of the committee concurred. Rep. Madden and Grant Showacre suggested that public be put on notice that they will have a limited window to address the committee with questions or comments at the meetings in order to maintain productivity. The entire committee was in agreement. Shelley Deromedi suggested that in working in sub-committee groups that the entire committee be kept abreast of progress and goals. Ken Uhrich went over a proposed agenda for the meeting on April 15th. Grant Showacre made a brief presentation on the progress of the rules sub-committee. Some changes and restructuring of the rules have been done. Things are moving along but much of the rules work will have to wait until the statistical and form sub- committees have made more progress. Shelley Deromedi has sent out a draft of the proposed reporting form to Sen. Dockstader and Kathy Treanor and hopes to have more information available at the next meeting. She will email the other assessors and ask what they think would be important to have on the reporting form. She also stated that she heard through the “grapevine” that CCI has been working on a draft reporting form based on a report provided by Laramie County Assessor, Brenda Arnold some time ago. The DOR has looked in to this matter and this is not the case. Both Marvin Applequist and David Chapman have stated that CCI is not currently working up a reporting form without a work order being signed. Jack Rehm briefly went over some information sent out to the statistical subcommittee. Rep. Madden brought up the issue of the wording in the bill itself gave no clear definition of “over assessed”. He suggested that the committee will need to help define this and account for the decided definition in the chosen statistical parameters. A suggestion was made of basing the definition on no more than a 10% chance that 25% of the properties are over-assessed. Ken Uhrich suggested that the entire committee put some thought in to this issue and come to the next meeting armed with suggestions. The meeting was adjourned at 2:47 p.m. MINUTES SF 144 COMMITTEE APRIL 15TH MEETING The meeting was brought to order at 8:59 a.m. In attendance were: Rep. Mike Madden, John Wirth, Grant Showacre, Jack Rehm, Kathy Treanor, Dan Shadakofsky, Shelley Deromedi, Ken Uhrich, David Franck, Marvin Applequist, Mike Watson, Sen. Dan Dockstader, Cindy South, and Kevin Oconnell. Ken Uhrich briefly went over the proposed meeting agenda. The minutes from the April 2nd meeting and the April 9th teleconference were reviewed. Shelley Deromedi made a motion to approve the minutes; Jack Rehm made a second, the motion carried. A brief explanation and review of the SBOE abstracts was covered. Mr. Wirth asked the committee for the abstracts (statistical package from the SBOE) for 22 counties (all except Fremont County's data). The committee approved his request. Jack Rehm will work on supplying the data to Mr. Wirth. Ken Uhrich asked the committee if all IAAO standards or just specific standards should be written in to the rules. Kathy Treanor moved to tie wording in the rules back to a specific standard where applicable. Jack Rehm 2nd the motion. The committee came to an agreement that specific standards would be referenced in the rules when deemed necessary. Not all of the standards are applicable and not all should be adopted. The committee briefly reviewed different sub-committee progress. Grant Showacre stated that the rules committee had added 20+ definitions as well as moving the CAMA definitions, etc. to a new section and the committee is now waiting for input from other committees. Jack Rehm reported that he had sent out Washakie counties data to his committee members and they had each worked up their own analysis to try and work up a model for homogeneity. They will ask for guidance from CCI on how best to pull statistical data in to CAMA. Shelley Deromedi said her committee is looking at the report in Realware with the addition of more statistics and she sent it to Kathy Treanor to see where in the table structure the data could be pulled from. The committee formally thanked the representatives from CCI for attending the meeting and assisting in the process. The Assessor’s on the committee stated that response back from the other counties in the state has been limited due to NOV’s being sent out and being in the middle of protest period. They anticipate more feedback from the other counties as the committee gets more work done and submits the work out for county review. Mr. Wirth suggested writing up a set of FAQ’s to hand out to taxpayers and suggested that the assessors make notes on what they would want to see on such a document. Cindy South stated that CCI currently has a database that can provide the data the committee wishes to see on the forms for statistical review (Auditware). She will also provide copies of the NOV’s/nod’s to the committee. Break from 9:58-10:10 a.m. Cindy South stated that much of the data wanted by the committee is already available on the property profile report. She will have a prototype of a form available and sent to Shelley Deromedi by next week. The confidence interval, COV, etc is already available in MASS and can be moved to the sales history. She will look in to what other jurisdictions using CCI are putting out to taxpayers. She thinks the changes could be made for Version 4:18 possibly by October. The DOR needs to provide a written request ASAP. They will have preliminary work orders in place to estimate what it will take to achieve this build. Mr. Wirth explained some of the ways the stats sub-committee will look at clustering nbhd/lea’s and the possibility of using tree analysis in SPSS. Cindy South will send documentation on Auditware. She said she will be available for WebEx/teleconference to assist the committee during meetings. Lunch break from 12:10-1:40. John Wirth discussed the statistics of sales ratios at the stratum level (Neighborhood or LEA). He stated the mean or median of a stratum’s pre-market-adjusted ratios is what determines the market adjustment factor that is applied to all the properties in the stratum. He discussed the differences between the COD, the COV of a stratum and the COV of the mean ratio of a stratum’s ratios. He expressed the opinion that this COV of the mean ratio is the most important parameter in assessing the accuracy of the estimate of the estimated market adjustment factor applied to all properties in the stratum. Dr. Wirth expressed the following opinions regarding the intent of SF144: A mean or median post-market-adjustment ratio (LOA) of any Stratum exceeding 1.0 implies a likelihood, i.e. probability, greater than 50% of stratum over assessment and violates the intent of SF144: and, To further comply with SF144, the rules being crafted by the Committee should stipulate requirements, within realistic constraints, for the variance of any stratum’s mean ratio, e.g. the COV of the mean ratio or a confidence interval of the LOA. This results in reducing the width of the stratum’s market-adjusted “bell curve” and the portion of the bell exceeding 1.0. The area under a ratio bell curve exceeding 1.0 is the probability (likelihood) that any individual is over assessed. Rep. Madden gave a brief presentation of a few suggestions on how to establish uniformity in stratification. One suggestion was that Assessors should establish nbhd's using a reasonable # of sales over a two year period. The intent of the legislation was to be reasonably sure that a property within a stratum is not over assessed. He also suggested the possibility of wording rules so that there is not more than a 10% chance a property is over assessed by 10% or more. Another suggestion was setting the level of appraisal between .90 and 1.0 vs. .95-1.05 or IAAO’s .90- 1.10. Ken Uhrich asked the legislators on the committee if the statutes really trump rules. For example the SBOE CH 5 rules. Madden said that an opinion may need to come out of the AG’s office. Marvin Applequist stated that the major problem with any of the stat work is that the Supreme Court has ordered that the ultimate goal is market value not 95% of market value. Mike Watson (private citizen) presented the following questions to the committee: Why are sales the only method of establishing market value? Do counties use fee appraisers? Ken Uhrich stated that the DOR can assist the counties by providing written appraisals. The Assessors on the committee stated that in reviewing the sold properties most problems are resolved. By using a fee appraiser you are essentially creating a “pseudo sale”, there is no better indicator of value than actual market sales. Whether re-zoning could affect value? The Assessors stated that re-zoning could definitely and most likely affect the value. Will the system meet uniformity statewide? The committee stated that this is the big problem that we are working on solving. The meeting was adjourned at 3:44 p.m. April 29th SF 144 Committee Meeting Minutes The meeting was brought to order at 9:03 a.m. In attendance were: Kathy Treanor, Shelley Deromedi, John Wirth, Grant Showacre, Dan Shadakofsky, Troy Clements, Ken Uhrich, Jack Rehm, Rep. Mike Madden, David Franck, Sen. Dan Dockstader, Marvin Applequist, Mike Watkins, Ted Preston. Jack Rehm moved to add Mr. Wirth’s addition to the minutes. Mr. Wirth 2nd the motion. The motion carried. Jack Rehm moved to accept the minutes as amended. Grant Showacre 2nd the motion. The motion carried. Ken Uhrich briefly went over the proposed meeting agenda. Shelley Deromedi gave a brief presentation on the progress of the forms sub- committee. They are working with CCI to try and get information to the taxpayer straight out of the RealWare program. They have a list of things they would like to provide but have no set form as of yet. The sub-committee is looking toward the property profile report, statistical report in the CAMA system as a means of providing information with a few modifications. Mr. Wirth asked if CCI had provided examples of what they could provide. Shelley stated that she had received some forms from CCI but they are very general and may not provide everything the sub- committee desired. Grant Showacre briefly reviewed the progress of the Rules sub-committee. The rules sub-committee has added many definitions as well as many spelling and grammar corrections. The sub-committee is at somewhat of a standstill as more data and information is needed from the other sub-committees before further rules can be written. Jack Rehm stated that the statistical sub-committee had met via a tele-conference on April 28th and reviewed some data. They think that a cluster analysis is the best way to handle the stratification of data at this time. The stepwise regression in SPSS may work to accomplish this analysis (due to budget constraints the DOR can not afford to purchase new software). The State of Utah has a good analysis program the sub- committee may utilize (COD, COV, mean and median).They are also recommending that Assessor’s not use more than the past two years of sales for analysis in valuation. Grant Showacre asked if they had considered what to do with areas with few or no sales. The sub-committee has no concrete answer at this time but this matter will be investigated. They may suggest looking to similar NBHD’s, allocation, etc. They hope to have an answer to this question soon. Kathy Treanor stated that CLT could use MRA for a NBHD group and we may have to ask CCI if Realware could perform a similar function. Jack Rehm stated that is exactly the direction the sub-committee is heading with their analysis. She also stated that the DOR will need to provide the assessors with additional training in statistics and using the SPSS software. Marvin Applequist stated that the DOR recognizes the fact that this legislation will impact education and that the DOR will find a way to provide the education needed. Ken Uhrich asked if any input had been received from other assessors across the state. Some assessors have expressed concern about using MRA to cluster properties as the process can be difficult for taxpayers to understand. Another assessor had stated that giving too much explanation to the taxpayer made the taxpayer feel that he/she was being “snowed” or intimidated. The explanation needs to be simple to explain and easy understand. Mr. Wirth asked how the SBOE fits in with this process. Marvin Applequist stated that they really have no input in this process. Their job is equalization between the counties and tax appeals not valuation within the counties. The SBOE will have the opportunity to submit questions and concerns to the committee at the public meeting Grant Showacre asked of the rules the committee comes up with are more stringent than the SBOE rules will small counties be able to meet the test. The statistical sub- committee stated that they will make sure that the small jurisdictions will be able to pass the tests as well. Mr. Wirth stated that the rules may potentially look to using three years of sales for the cluster analysis and current sales to actually set value. Morning Break from 10:00-10:10 a.m. 10:10 a.m. break in to sub-committees for work meetings. Lunch 11:45-1:15 Grant Showacre gave a brief run-down on the progress and status of the rules subcommittee. Mr. Wirth discussed the possibility of requiring counties to publish information on the web. Ken Uhrich stated that the DOR had no real authority to demand this. Sen. Dockstader stated that this was not necessarily the intent of the bill to have the information published on the web; that is was intended to make the information available at the counter in the county assessor’s office. Shelley Deromedi suggested the rules sub-committee take a closer look at the definition of “market adjustment factor”. Ken Uhrich stated that CCI had given a preliminary rough estimate of $25,000 for changes to the CAMA system to provide the forms etc. required by this bill. Shelley Deromedi gave a rundown of the reports and forms her sub-committee would like to use. They are looking to modify the existing property profile report (in CAMA system) as well as an overall neighborhood statistics sheet and the existing statistical report out of the CAMA system. With more detailed information such as total market value and current year neighborhood adjustment, etc. Mr. Wirth suggested setting things up in the following manner: section A- an overall general statewide sheet (FAQ’s) which could be posted on the DOR website B- county specific explanation C- individual property explanation (profile reports, etc.) Grant Showacre moved to accept the Overall Nbhd Statistics form provided by the forms subcommittee. Jack Rehm 2nd the motion, the motion carried. Grant Showacre moved to accept the Property Profile reports as amended. David Franck 2nd, Discussion: Mr. Wirth asked if a page for each building on the account would be included. The answer was yes. The motion carried. Shelley Deromedi discussed the CAMA system statistical report and what the committee would like to see added (confidence interval, COD &COV centered on the mean and median, as well as a NBHD grouping function). Shelley Deromedi moved to accept the statistical report as amended. Kathy Treanor 2nd the motion, the motion carried. Mr. Wirth moved to define the 3 forms as follows: A. generic statewide forms to be provided by the state B. Countywide forms to be provided by the county C. Individual property forms to be provided by the county With the three forms approved by the committee falling under B or C. Grant Showacre 2nd the motion, the motion carried. Break 3:05-3:15p.m. The meeting was opened up to the following questions from the public: Ted Preston asked: “Does the committee intend to adopt all or just some portion of the IAAO standards? Are there portions which are in conflict with Wyoming practices? He was provided with information from the previous committee meeting where it was determined that only relevant standards would be written in to the rules. When, pursuant to the SF 144 requirement, a County Assessor provides statistical parameter data to the Board of Equalization to ensure compliance with the rules, will the rules include some mechanism to provide that data to the public as well? (in order to increase public confidence in the fairness of the system.) Mr. Wirth stated that this information was provided to the SBOE by the County Assessor and is available to the public from the SBOE upon request. In order to promote uniformity of reporting of each county’s assessment methodology, is the Department of Revenue willing to publish each county’s report on the DOR website? This could resolve the dilemma created by counties that do not maintain their own websites. Mr. Applequist stated that the DOR had no intention of posting this information on the DOR website. Grant Showacre stated that the information would be available to taxpayers at the County Assessor’s office upon request. Just a comment: it may be helpful to find a new term to replace the work “neighborhood” when describing the collection of properties used in developing a sales ratio. The word neighborhood has an obvious meaning to the average taxpayer that is completely at odds with the way you use it at DOR and the Assesso5r’s offices. It is destined to create confusion. Grant Showacre stated that the committee has no intention of changing this term as it is widely used and recognized through out mass appraisal documents. It is a very standard term. The committee will be sure and define this term in the rules. Mike Watkins asked the following: How much of property profile will be available: 1. individual property; 2. countywide? The entire property profile report is public information and will be available at the counter in the County Assessor’s office. Can rules ensure uniformity throughout Wyoming? For example: if all state property profiles are run through the system, will the results be same as produced in each county? The answer is yes. If the building is entered the same from one county to the next the value of the building would be the same. This assumes building value only. Land values can and most likely will differ from one county to the next. Put in definition of statistics: statistical analysis is a mathematical model to describe the characteristic of the stratum or universe developed in a body of knowledge. The committee will most likely use a definition from the IAAO Ratio Standards in order to maintain compliance with the wording in SF 144 “The rules shall comply with generally accepted statistical methods and the International Association of Appraisal Officers standards.” Information available should be available as a download with a disclosure agreement. The answer was no. Nothing in the bill stated that this must be available for download. Rep. Mike Madden will be emailing out the proposed performance standards and requested the committee review them and be ready to discuss them at the next meeting. Mr. Wirth stated the statistical sub-committee will be using the existing SPSS program to develop the stratification of data. Grant Showacre asked the legislators if the committee was heading in the right direction and accomplishing the intent SF 144. The legislators both answered yes. The meeting was adjourned at 3:57 p.m. May 13th SF 144 Committee Meeting Minutes The meeting was brought to order at 9:05 a.m. Present for the meeting were: Ken Uhrich, Jack Rehm, David Franck, Kathy Treanor, Shelley Deromedi, Grant Showacre, Troy Clements, John Wirth, Sen. Dan Dockstader, and Rep. Mike Madden. Non-committee attendee’s were: Mike Watkins, Ted Preston, Ted Smith, and Marvin Applequist. Committee reviewed the April 29th meeting minutes. Shelley Deromedi moved to accept the minutes, John Wirth 2nd the motion, the motion carried. Ken Uhrich went over some FAQ sheets from IAAO and provided by Delta County Colorado and suggested the committee may be able to use all or part of these documents to satisfy part A of the taxpayer explanation forms. He also reviewed the work orders provided by CCI for system enhancements to the CAMA system. Ken also stated that as chairman he would like to bring closure to the forms and statistical sub-committee work if at all possible. Jack Rehm gave a brief overview of the progress of the statistical sub-committee. He stated that John Wirth was continuing with his work on grouping/stratification requirements and Mr. Wirth had worked up a rough draft of how the statistical parameter rules may be written. Grant Showacre gave an overview of the progress of the rules sub-committee. They are at a standstill until the statistical parameters and forms have been finalized. Shelley Deromedi stated that the forms sub-committee had a conference call with Cindy South (of CCI) and that Cindy had sent adjusted work orders to the sub- committee. Shelley wants to make sure that all of the changes the committee is requesting are actually in the work orders. Mr. Wirth asked about including the confidence interval centered around the mean, Kath Treanor replied that CCI either can’t or won’t but it is available in SPSS should the committee decide it is necessary. Ken Uhrich went over the remaining committee schedule and upcoming meetings and urged the committee to work quickly and efficiently so that all deadlines can be met (CCI changes, public notification, etc.). At 9:30 a.m. the committee broke up for sub-committee meetings. Lunch break from 11:45a.m.-1:20 p.m. The forms committee met and discussed the Narrative and Forms we need to get implemented. Below are the changes/modifications they agreed upon. The committee did not feel there was a need to contact CCI on a conference call. Narrative Shelly created a list of general information for the county narrative. It has 6 bullet points that will be used as guidelines for every county She also created a list of more specific information for each LEA Finally Shelly created a list of specific information targeted for each Nbhd or NGRP We discussed making it mandatory each county follows this information but they have the discretion to use it how they like. i.e. put this on a flyer, or in a folder on the customer counter She also included forms used in other counties such as one entitled: LEA fact sheet and another entitled Sales Statistics. Changes to the forms and work orders Work Order #WYDOR045-Property Profile – Change name on Page 1 to Property Summary. Value per unit and attribute adjustment need to be out 2 decimal places, whole numbers only on the report for Market Value. Change name on Page 2 to Property Detail. – Nbhd Adj shouldn’t be rounded, take off the costs on the Building Details but add detail such as sq ft, change Value Detail name to Cost Detail, also any adjustment to RCN will be here, add a box that says Market Adjustments for any adjustment to RCNLD, remove Plumbing Adjustment and Rough In Adjustment. Add the words “with all adjustments” after total improvement value. All totals are whole numbers, Phys Depr $ needs a dollar sign before the amount. Phys Depr % should not be rounded. Work order needs to say that “All Calculations must be correct.” A better explanation on the bottom of the form stating “Calculations for the Building Detail Value can be provided upon request”. Sales Ratio Actual Values – will need to change the work WYDOR043 to make it consistent with the Sales Ratio report. Will need to include the Confidence Interval upper and lower bound around the median, Change the # of Parcels to # of Sales, add a neighborhood group function, and add total number of parcels in the NBHD/NGRP/LEA being evaluated. Need to change work order WYDOR044 by adding the words “be added into Realware like in Mass”, after the words “Overall Neighborhood Stats report”. Add the words “That functionality be added so that a new report based on neighborhood grouping can be run, and “The Same report should be available for vacant land by individual LEA only.” Delete last two sentences from the specifications beginning with “Add additional report …….” Don’t believe this was discussed with CCI. Add (The result will be three different reports, two with the same statistics, one based on individual neighborhood and the other with grouped neighborhoods, and another report for LEAs. Titles on the reports will reflect which report it is, NBHD, NGRP, or LEA Overall Nbhd Stats report – Confidence Interval around the median need to show both upper and lower bounds. In the Total Report Statistics on the last page, additional descriptions need to be added to by what strata these total were derived. On the Stats report we need to ask CCI what the confidence interval of the median is and how it is calculated. We need both the lower and upper numbers on the report. Jack Rehm went over the statistical group’s progress. They have worked on narrowing the parameters to be used. Mr. Wirth has written up a preliminary draft of how he envisions the statistical rules to be written. Rep. Madden gave an overview of the performance standards and how they would relate to the overall NBHD statistics form. Kathy Treanor brought forth some concerns over an arbitrary sample size especially when dealing with special circumstances such as a small NBHD with 5 properties where 4 of the properties sold. Grant Showacre expressed concern of an arbitrary sample size when dealing with “cookie-cutter” or “row homes”. In an area of nearly identical properties a small number of sales should be adequate to determine value. Rep. Madden stated that restratification and time adjustments may be a better/more simple way of handling this problem. Ken Uhrich said that the SBOE requires the Assessors to keep 3 years of SOC’s so the committee may want to look at writing the use of 3 years worth of sales in to the rules. Mr. Wirth posed the question of how to handle a county with little to no sales. Some suggestions were adjusting according to CPI, overall county percent change from year to year. Ken Uhrich had said that some of this had been addressed for state appraisals in the DOR CH 7 rules and Wyoming Statutes for best information appraisals and suggested the possibility of copying this wording and moving it in to the CH 9 rules. Jack Rehm said that the rules sub-committee will work with Niobrara County’s data to make sure that their theories will work in a very small jurisdiction with few sales and will have something for the rest of the committee at the next meeting. Mr. Wirth quickly went over his proposed statistical rules and asked the rest of the committee for feedback and suggestions. Ted Preston will email David Franck some questions to be answered by the committee via email. Mike Watkins posed several questions to the committee that were answered at length. One key item he brought up was that the taxpayer may have a very different definition of depreciation than the Assessors. Ken Uhrich asked the committee to be ready to review and vote on the forms and statistical parameters at the next meeting and be ready to get the rules written as quickly as possible. The meeting was adjourned at 3:45 p.m. SF 144 COMMITTEE MEETING MAY 27, 2009 Meeting began at 9:00 a.m. Present for the meeting were: Shelley Deromedi, John Wirth, Dan Shadakofsky, Ken Uhrich, Jack Rehm, Rep. Mike Madden, Grant Showacre, David Franck, Troy Clements, Kathy Treanor, Marvin Applequist and Mike Watkins. Ken Uhrich brought the meeting to order and reviewed the proposed meeting agenda. Shelley Deromedi moved to accept the minutes from the May 13 meeting. John Wirth 2nd the motion. Motion carried. John Wirth questioned CCI’s seemingly exorbitant costs regarding annual maintenance and proposed changes to the system to which Marvin Applequist gave a history of how CCI came to be the State’s CAMA vendor. Shelley Deromedi gave a presentation of the progress of the forms sub-committee. Mr. Wirth suggested referencing the constitutional term of “Fair Market Value” on the property summary report. Currently the property summary includes the overall neighborhood adjustment in the RCNLD- this is unacceptable. The committee decided that the RCNLD should not contain the NBHD adjustment. It should be straight RCNLD. The forms sub-committee submitted a form provided by Laramie County, produced from an AdHoc report generated from the CAMA system. The committee decided that this form should be used and attached to the back of the property summary report. The committee decided not to add the upper and lower confidence interval to the sales ratio report due to the fact that these statistics will be available on the overall neighborhood statistics report. The committee desires to have a 95% high and low confidence interval of the mean ratio added to the overall NBHD/LEA/group reports. The narrative will consist of an overall county, LEA and Nbhd/Nbhd group written report. The narrative format could be put in the rules as an addendum. The assessors may write up the narrative however they see fit as long as all of the items listed by the narrative outline are covered in the narrative report. The sales ratio report out of cama will be modified to include ONLY residential square feet instead of total square feet; it should include the confidence interval, # of sales and # of parcels in nbhd/nbhd group/LEA. David Franck moved to accept the forms as amended, Kathy Treanor 2nd, the motion carried. Grant Showacre moved to add the narrative to the rules as an addendum with mention in the body of the rules. Troy Clements 2nd, the motion carried. Break from 10:34-10:45 The committee had a conference call with CCI so that CCI could explain some of the charges for the proposed changes to the forms/CAMA system. They are hoping to have modified work orders provided to the DOR by Friday, May 29th. The statistical sub-committee gave a presentation on their proposed statistical parameters and rules. Rep. Madden presented a proposal on minimum sample size, level of assessment, etc. Lunch Break 11:51-1:15 The committee continued its discussion of what the appraisal level should be set at. Mr. Wirth suggested using a minimum small neighborhood sample size and the confidence interval of the mean ratio as more reliable measures than the confidence interval of the median. Mr. Wirth demonstrated this with 2008 ratio data from Albany County. Grant Showacre moved to add the following to rules: a minimum sample size of 5 in one year must be within a 95% confidence interval of the mean ratio between .85 and 1.05. Troy Clements 2nd the motion. The committee had discussion on this matter. Mr. Showacre move to amend the motion as follows: sales ratio sample size shall be 5 or greater and the upper and lower limits of the 95% confidence interval of the mean nbhd sales ratio for any nbhd shall lie between .85 and 1.05. John Wirth 2nd the motion, the motion carried. The committee had a discussion on remedies for strata without a minimum sample size of 5. Mr. Showacre moved to accept the remedies for inadequate samples from the IAAO Standard on Ratio Studies as follows: Small samples should be enlarged if the assessor desires to increase the reliability of statistical measures. Inadequate sample sizes are typically indicated by unacceptably wide confidence intervals. The following alternatives should be considered (in order of importance): Restratification. If levels of appraisal are similar or properties are homogenous, broader strata containing larger samples can be created by combining existing strata or by stratifying on a different basis. Extending the period from which sales are drawn. This is often the most practical and effective approach. Sales from prior years can be used; however, adjusting the sale price for time may be necessary and significant property characteristics must not change. Enlarging the sample by validating previously rejected sales. Sales previously excluded from the analysis, because it was not administratively expedient to confirm them or to make adjustments, can be reevaluated. Imputing appraisal performance. Ratio study statistics for strata with no or few sales can sometimes be imputed from the results obtained for other strata. These strata should be as similar as possible. Procedures and techniques used to appraise properties in the strata also should be similar. Jack Rehm 2nd the motion. Discussion: Mr. Wirth had some concern with #4 “Imputing appraisal performance” stating that it could be easily abused and that it was a possible escape route for an assessor to completely bypass the sales sample size requirement. Ken Uhrich called for the question. Motion carried with one member, John Wirth, opposed. Mr. Showacre moved to accept the remainder of the performance standard from line 22 page 1 to line 33 page two as written with 95% on line 32 page 1 changed to 96%. Troy Clements 2nd. The committee moved to further discussion. Grant withdrew the motion, Troy 2nd the withdrawal. Mr. Showacre moved to accept the remainder of the performance standard from line 22 page 1 to line 22 page two with the following changes: Line 32 page 1 change 95% to 96% Line 33 page 1 add “tests to protect against the statistical likelihood that any property in any stratum is over-assessed “ Delete the last sentence on line 20/21 page two beginning with “if the sample”. Troy Clements 2nd the motion. Kathy Treanor moved to amend the motion as follows: remove lines 22-24 on page 1. Mr. Showacre 2nd the motion. The motion carried as amended. Mr. Showacre move to change the last sentence on page 2, line 20 to read: “If the sample measure of central tendency falls outside of that range an adjustment factor must be applied.” Shelley Deromedi 2nd the motion, motion carried. Ken Uhrich gave a brief overview of the remaining schedule and timeline of the committee. Marvin Applequist stood and formally thanked the committee for all of their hard work. The meeting was adjourned at 3:00 p.m. SF 144 COMMITTEE MEETING JUNE 9, 2009 The meeting was brought to order by Ken Uhrich at 9:00 a.m. Present for the meeting were: Shelley Deromedi, John Wirth, Ken Uhrich, Jack Rehm, Grant Showacre, David Franck, Troy Clements, Kathy Treanor, Sen. Dan Dockstader. Shelley Deromedi moved to accept the minutes from the May 27th meeting, Troy Clements 2nd the motion. The motion carried. Ken Uhrich went over the remaining timeline of the committee work. Shelley Deromedi stated that on the 1st in the afternoon the work orders for the changes to the CCI system had been signed. On the 5th the CIO office and CCI were having discussions regarding payments, dates, etc. on the work orders and were still in the process of working out the details. The total cost for the modifications to the system are approximately $55,000. Shelley will keep the committee informed as to the progress of the workorders. Ken Uhrich stated that in writing rules the wording should be clear, simple, concise, non-repetitive and to the point. Ken Asked the committee to express their satisfaction/concerns with the product of the committee thus far. Jack Rehm had no major concerns, the small concerns he had could be addressed in a paragraph by paragraph review of the rules. Grant Showacre echoed Jack’s thoughts also stating that he is pleased with the progress of the committee and believed the product to be useable and workable. Sen. Dan Dockstader expressed gratitude to all of the committee for the work accomplished. David Franck reserved his comments for later discussion. Troy Clements had no major concerns at this time. Kathy Treanor feels that the majority of the Assessor’s are already doing what SF 144 mandates. Overall she feels that this process will help the Assessor’s in the performance of their duties as well as assist the taxpayers with inquiries on their taxes. John Wirth stated that the forms and reporting procedures established by the committee are “superb”. He stated that the rules process has a few potential problems. He feels that some things have been missed. He feels that the rules need to be “beefed-up” in regards to how the Assessor will apply adjustments to the RCNLD to reach market value. RCNLD is not defined. The process of using one NBHD adjustment across an entire NBHD is not uniform statewide. He wants to make sure that these rules “modify past behaviors”. Break 10:12-10:24 The committee began discussing the rules and changes to the rules paragraph by paragraph. Lunch 12:10-1:20 The committee resumed its discussion on the rules, making changes as deemed necessary. Ken Uhrich gave another recap of the remaining timeline for the committee work schedule. Ken Uhrich asked Sen. Dockstader and the rest of the committee if the following requirements of SF 144 had been met: Section 1. Residential properties; Improved and unimproved; Computed using sales comparison methods; and Which require county assessors to provide statistical parameter data annually to the state board of equalization to demonstrate compliance with the rules; The rules shall specifically address any adjustments made by a county assessor in input data to or assessed values, obtained from, the county computer assisted mass appraisal system; The method of establishing strata for sales ratio studies; The adequacy of the number of arms-length sales to be used in any sales comparison analyses. And; The use of appropriate statistical tests to protect against the statistical likelihood that any property in any stratum is over assessed; Rules shall include requirements for the format and quality of a written explanation of the county assessor’s residential assessment methodology; Including an explanation and description of the parameters used to develop any stratification applied to a class of property as well as any market adjustment factors utilized to arrive at a fair market value for a property; The written explanation required to be maintained by the county assessor shall be public records available to a taxpayer upon request. Section 2. In preparing the rules required by section 1 of this act, the department of revenue shall consider the published rules and procedures in other states employing a computer assisted mass appraisal system; The rules shall comply with generally accept statistical methods and the International Association of Appraisal (Assessing) Officers standards. Section 3. This act is effective July 1, 2009. The committee and Sen. Dockstader agreed that all of the above requirements had been met with the exception of clear and concise rules regarding statistical parameters. The committee will get the parameters resolved and finalized in the next couple weeks. The meeting was adjourned at 4:20 p.m. SF 144 Committee Minutes Public Meeting July 9, 2009 Meeting was brought to order at 8:30 a.m. Ken Uhrich went over the meeting agenda. Ken Uhrich gave an overview of how the committee was formed and the process that was followed in drafting the new CH 9 Rules. He stressed that SF 144 was not intended to tear apart the CAMA system. Ken Uhrich introduced the members of the committee. Ken Uhrich gave an overview of the scope and intent of SF 144. Ken Uhrich stated that the DOR is hoping to have the rules submitted for review by Ed Schmidt by July 15. He also gave an overview of the remaining timeline for the rulemaking process. Ed Schmidt stressed that the public comment period ends in October 2009. Ken Uhrich gave an overview of the work process and schedule. As well as expressing his thanks to Dave Chapman, Dan Shadakofsky, and CCI for their assistance in developing the reporting forms. Ken Uhrich asked each committee member to express any comments or concerns they may have: Kathy Treanor had no comment but expressed a desire to hear discussion later in the meeting Shelley Deromedi stated that the felt the final product produced by the committee will satisfy the legislature and believed that the Assessors are currently doing a great job already, but that these new rules would be a help and benefit to them. Rep. Mike Madden said that the committee had been a great learning process, that he did not realize what all went in to the appraisal process, and the he was very interested in hearing comments from the other Assessors in attendance. Grant Showacre stated that he was interested in hearing comments/questions from the other Assessors as well as the SBOE. John Wirth expressed his thanks to the rest of the committee. He said the committee had done a great job and was very happy with the outcome. Jack Rehm stated that John Wirth and Rep. Madden had given a lot and put a great amount of effort on to the new rules. He is very proud of what the committee has accomplished. David Franck had no comments. Ed Schmidt stated that this last legislative session there were 35 property tax related bills and that there was a great misunderstanding among taxpayers as to how the tax process works. He said that this committee was a departure from the normal rule making process but he thinks it has been good to have outside involvement and viewpoints. He feels that the Assessors have done and are doing a good job, but he is trying to use this process to head off some fears and concerns over property tax. He said there will be a formal comment period in October. He expressed his thanks to the committee. Ken Uhrich stressed that these rules are for valuation purposes and not evaluation. Grant Showacre gave an overview of the rules as revised by the committee. The committee tried not to create a “novel” and attempted to focus just on changes that needed to be made based on the SF 144 guidelines. Much of the change was just cosmetic. Some sections were moved to improve the flow of the document, wording and grammar were corrected. New language specific to land was added. Personal property rules were all moved their own section. A new section for statistical standards was added using primarily IAAO standards. The committee tried not to limit the capabilities of the CAMA system in creating these rules. A new section relating to providing the taxpayer with information was added per SF 144. Shelley Deromedi stated that the forms sub-committee tried to take the statutory language of SF 144 and develop forms to meet this language. They wanted to be sure information was straight out of the CAMA system on order to maintain statewide consistency. They asked CCI to move the overall statistical form from MASS in to the RealWare interface. Statistical parameters will show on the forms as specified in the new Section 6. Statistical Analysis and Standards. There are guidelines in the new rules relating to the written explanation to the taxpayer in the form of a narrative report. It is up to the Assessor to meet the SF 144 guidelines and make them available to the public. Jack Rehm stated that in SF 144 the Department was to create rules to prevent the likelihood that any property is over assessed. The rules sub-committee tried to establish guidelines that met SF 144 guidelines as well as being able to be met by all counties. When using more than one year of sales a time trend must be established. The mean is used as it helps in protecting against the likelihood that any property is over assessed. The rules recommend that outliers be trimmed to ensure a more accurate analysis. Remedies for a small sample size (under 5) were written in to the rules and based on their level of importance. Grant Showacre went over a few more “housecleaning” changes to the rules again stressing that all personal property rules were put in to one new section. And a few old sections were moved and re numbered in order to make the rules flow better to a reader. The meeting was opened up to questions: Dixie Huxtable expressed concern that by limiting the upper level of assessment to 1.0 and suggesting a level of .96 that the rules may be violating the constitution in regards to fair market value. Ken Uhrich stated that the AG’s office has not expressed concern over this yet. Mr. Wirth stated that by allowing a level of assessment over 1.0 you are most likely over or under assessing 50% of the properties in the sample and SF 144 specifically states that rules are to protect against the statistical likelihood that any property is over assessed. In a two tailed test, the Assessor needs to keep the amount of tail over 1.0 to a minimum thus narrowing the bell curve and protecting against the likelihood of over assessment. Ed Schmidt stated that he will have the AG’s office look in to this. Brenda Arnold asked why the title was changed from “Local” to “County”. Ken Uhrich stated that this was done in order to be consistent with the re-write of the CH 7 rules. He also stated that there are only 3 approaches to value and the rules have been re-written to make this clearer. This changed title was done to be more specific and to the point. Brenda Arnold stated that land valuation was the most difficult part of the Assessor’s job. Do these rules adequately address allocation and other methods of land valuation? Shelley Deromedi stated that in the new rules Section 5 there is a statement that the sales comparison method is the preferred method but there are other recognized methods in the rules as well as IAAO standards to handle land valuation. She stated that the Assessor may use the narrative report to explain the methods/approaches used to value land. Brenda Arnold asked if the Assessor will be in a position to have to defend each of these statistics. Ken Uhrich stated that the DOR is gearing up to assist counties with valuation training in order to meet these new rules. Rep. Colin Simpson stated in Section 2. a. that there was a definition of “fair market value” and that there was no definition of “appraised value”. Ken Uhrich replied that the statutes are based on appraised value. Grant Showacre stated that the neighborhood adjustment factor has ties to fair market value and that the appraised value definition was straight out of IAAO. Doug Brandt stated that in putting a minimum sample size of 5 the rules are putting the “appraiser” judgment in jeopardy. Jack Rehm replied that there is not that much difference between geographic areas. Instead of having to distinct LEA’s it may be better for the Assessor to use land attribute adjustments thus limiting the number of LEA’s and most likely increasing sample size. SF 144 specifically stated a minimum sample size be established and IAAO states any sample size less than 5 is deemed to be unreliable. Rep. Madden stated that this wording was put in to SF 144 to encourage “re-thinking” of neighborhoods and stratification. We need some mechanism in the rules to encourage this “re- thinking”, and that a county may need to look to an overall county rate of change to establish time trends and other adjustments. Debbie Larson state that the narrative talks about sales ratios. Will these be available year round or only during protest periods? Shelley Deromedi stated that we are waiting on an opinion from the AG’s office. Ken Uhrich stated that per the AG’s office confidential sales information is limited to the NBHD/LEA used to value the property and that the time period is currently under discussion within the AG’s office. Kay Music stated that the assessors are by nature appraisers. She had some concerns over developing a county-wide time trend using some “hot” areas to value a “slow” area. Grant Showacre replied that the rules leave these options open and referred Kay to Section 6 (a.) (i.) (D.) imputing appraisal performance. Susan Dewitt asked why SF 144 came about? John Wirth stated that the senators and representatives have had thousands of complaint of over assessments from their constituents and that the Governor had 50 letters from angry taxpayers. He stated that you can not develop accurate values without an adequate sample size. Some counties are doing an exceptional job but taxpayers have heard out of other counties that the values come out of “the system” and were given no further explanation. He further stated that the bill passed 30-0. Rep. Madden stated that there was great diversity in how one county to another were able to explain the values. When legislators speak with taxpayers they have a great number of different stories and experiences. This bill was designed to create less dependence on individual office policies and encourage more statewide uniformity. Ken Uhrich stressed that Sen. Dockstader as a co-sponsor of the bill has stated that these new rules meet the intent and purpose of SF 144. Carla Rice asked if the narrative will be part of something that has to be approved. Shelley Deromedi stated that she did not foresee the department “approving” the narrative but that the DOR would be reviewing the narrative and possibly making suggestions for improvement. Dee Griffis again brought up the confidentiality issue of putting this information on the counter. Shelley Deromedi said that this bill stated the information should be public and available and that any further issues will have to wait on the opinion from the AG’s office. Ed Schmidt said that Wyoming is a non-disclosure state. Several efforts to open this up have been shut down. He thinks we should continue to push for full disclosure. He also stated that the whole idea behind these rules was not to limit the Assessor’s appraisal judgment but that the committee was trying to give enough le-way to do their jobs while still meeting the guidelines in SF 144. Dixie Huxtable stated that she had yet to have a legislator come to her for explanation on a value. She does not feel that is right for all Assessors to be punished for the mistakes of a few. She further stated that the town of Orin had few to no sales. Do these new rules limit her to using straight cost or will she have to use the rest of the county to value properties in Orin. Rep Madden refereed her to Section 6 (a.) (i.) (D.). Grant Showacre suggested she refer to Section 6 (a.) (i.) (D.) and use her best judgment but be ready to defend her decision. Doug Brandt referred to the narrative and how statistics are to be shown both pre and post adjustment and asked if the Assessor will have to narrate each little adjustment. Shelley Deromedi replied that the committee did not foresee reporting every adjustment appearing in the narrative but that this refers more to the LEA/NBHD adjustments. Jack Rehm stated that this whole premise is a summary on the NBHD/LEA level. However the Assessor should be prepared to answer questions regarding attribute adjustments posed by the taxpayer on an individual basis. Brenda Arnold stated that the Assessors are representing the same people represented by the legislators. Some Assessors may be unable to explain to the dollar the value of a property. There is some misunderstanding over what invalidates a sale. The key issue behind this whole bill is are the sales used to establish value representative of the entire population. The taxpayer just wants to feel that they are being treated fairly. Rep. Colin Simpson referred to section 6 (a.)(i.)(A.) stating that level of appraisal or level of assessment (one or the other) should be used consistently throughout the document. Ken Uhrich expressed his thanks to the committee and ended the meeting at 10:45 a.m.
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