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Assessor reports expanded field reviews after sales growth; HOPE exemption applications up
Summary
Deputy CFO and Assessor Alvin Horn said the assessor's office exceeded the required 20% field reviews in 2024, shifted inspections to neighborhoods with rapid market change, and reported a year-over-year rise in new HOPE property tax exemption applications.
Alvin Horn, deputy CFO and city assessor, told council the assessor's office conducted more on-site field reviews in 2024 than the 20% threshold set by ordinance and focused inspections in neighborhoods with notable sales and development.
Horn said districts 1, 2 and 3 saw proportionally more site visits because those neighborhoods experienced the largest shifts in ownership, development and land-bank activity. The…
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