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County reassessment on schedule; staff details methods, likely assessment increases
Summary
County reassessment staff reported fieldwork is about 75% complete, are upgrading data-entry software, and expect many residential parcels to see increases in the 25–40% range depending on property characteristics; staff said they will run PRD and other statistics before notices are mailed.
Jason Cowan, who is leading the reassessment project, briefed the board on progress and methodology for the year-long reassessment.
Cowan said field inspection is complete for roughly three-quarters of the county's tax maps and that the team will sweep remaining maps for new construction. He said the office must install an upgraded data entry system before entering land values to support different land-rate treatments. "We've gone through, I think, all of the county except for about 5 or 6 tax maps... about 75% of the properties we visited," Cowan said.
He described valuation methods: land may be split (one acre at a higher house-site rate and other acreage at lower rates) or handled with percentage adjustments for marshland, power-line right-of-way or waterfront differences. Cowan said the office used local sales and a building-cost study to set replacement-cost tables and that typical residential assessment increases could be in the 25–40% range depending on age, condition and waterfront status. He also said the state will audit PRD and related statistics in May and that reassessment notices will be handled carefully.
Board members asked for breakdowns by decade-built, waterfront and other categories; Cowan said he would present additional analysis before notices are sent and that the reassessment is on schedule to finish in the fall.
