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Description

The Februrary 2026 issue examines the response to property assessment changes in Jackson County, Missouri, including the recall of an elected official over assessment outcomes.   Also in this issue:

  • Companion article on Missouri property tax reform and impact on businesses in one county.

  • IAAO library annual review 

  • Upcoming GIS/Valuation Tech Conference

  • Pillars of accurate property valuation 

  • Insights from IAAO’s AI task force

  • WIN program updates

  • Member news, new instructors, job announcements, designation results, and awards program

  • IAAO 2025 Annual Report

Table of Contents

President's Column - Bill Healey, RES - p. 2

  • “IAAO’s tag line is 'we value the world,' and it’s true. We are an association of valuers spread throughout the world.”

What's Trending in the IAAO Library - Elizabeth Ferguson, PhD - p. 4

  • By the numbers: the year in review.

The political hot potato of property assessments - Jared Brey - p. 6

  • Updating property assessments often causes headaches for political leaders, especially in areas with rapid increases in home value. A backlash led to a county executive’s recall in Missouri.

'Diluting the rollback': Missouri's property tax cap gives limited relief - Rudi Keller - p. 10

  • In tiny Hamilton, business owners must pay property tax bills as much as five times more than in 2024 after their buildings were reassessed.

Make plans for the GIS conference in Alabama - IAAO Staff - p. 17

  • Attend the 29th GIS/Valuation Technologies Conference and learn about the importance of data and the analysis of location information for better decision-making within a jurisdiction, leading to more accurate and efficient property tax valuation.

WIN: Empowerment through growth - IAAO Staff - p. 18

  • Growth is not a destination — it is a continuous journey.

Association news - IAAO Staff - p. 20

  • Annual Conference information and new IAAO instructors.

Mastering the costs approach: Three pillars of accurate property valuation - Ed Martinez - p. 22

  • In the dynamic world of real estate valuation, data is the most valuable asset.

Insights from the IAAO AI task force - AI Task Force - p. 24

  • At the beginning of 2024, the IAAO formed a taskforce to investigate artificial intelligence.

Association news - IAAO Staff - p. 27

IAAO Annual Report 2025 - IAAO Leadership and Staff 

Roles

Editorial Review Board: Shannon Hiss, RES, RMA; Lisa Hobart, CAE, PPS, FIAAO; Kerry Leichtman; Josh Myers; Heather Poore, AAS, RES; Jeff Spelman, CAE; Joan Youngman, Esq.

Contributing Authors: Bill Healey, RES; Elizabeth Ferguson, PhD; Jared Brey; Rudi Keller; Ed Martinez; IAAO AI Task Force

Publications Manager: Keith Robison

Senior Director, Communications & Technology: Mike Ardis, APR

Publication Date

2-2026

Fair + Equitable February 2026

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