Brief Session Description
What is the effect of an effective tax rate? How are absorption, rent rates, and vacancy rates affected by differences in the effective tax rate (ETR) among communities? How do ETRs affect commercial and residential property values? This session will explore the significant impact the ETR has on appraisal work. Participants will learn how the ETR calculated during a reappraisal is being challenged by property owners and how assessors are being implicated in property value declines.
Presentation Category
Real Property Valuation Agricultural, Commercial/Industrial and Residential
Audience Expertise
General Interest (Appropriate for all experience levels.)
Location
207-208
Start Date
9-11-2019 2:15 PM
End Date
9-11-2019 3:15 PM
Moderator Name
Roger Mc Carty
Apendium Knowledge Area
Managing Public Relations and Communications
Cause and Effect: The Effective Tax Rate
207-208
What is the effect of an effective tax rate? How are absorption, rent rates, and vacancy rates affected by differences in the effective tax rate (ETR) among communities? How do ETRs affect commercial and residential property values? This session will explore the significant impact the ETR has on appraisal work. Participants will learn how the ETR calculated during a reappraisal is being challenged by property owners and how assessors are being implicated in property value declines.
