August 30, 2007

2010 Reappraisal

Two weeks ago, when this was happening…
An eleventh-hour effort Wednesday by the New Orleans City Council to extend deadlines for challenging assessments failed Wednesday, leaving property owners with just a few more days to file paperwork disputing land and building values.

As hundreds of property owners waited in intense heat to appeal assessments, the council passed a resolution asking the Louisiana Tax Commission to suspend deadlines for the public inspection of the tax rolls and filing of tax rolls "for as long as legally permissible."

The tax commission, however, doesn't have that authority.
…this was happening:
Tyler Technologies, Inc. announced today that the Parish of Orleans, Louisiana, has selected its CLT Appraisal Services to conduct the first ever complete reappraisal of real property in Orleans Parish. The contract is valued at approximately $12 million.

***

The project consists of two separate phases. In the first phase, Tyler will collect data for all real properties in the parish over a two year period. In the second phase, Tyler will perform a reappraisal of these properties in which the data previously collected is analyzed, and values are calculated. The company expects to establish new market values by mid-2010, followed by a period of informal reviews where property owners will have an opportunity to discuss values. Final assessment of property is expected by late 2010.

While the Parish prepares for the most comprehensive revaluation in its history, it is no stranger to Tyler Technologies. In 2003, the Orleans Parish Board of Assessors purchased Tyler's integrated property assessment and tax software in preparation for eventual reappraisal.
The 2003 contract was a $1 million contract [pdf].

In 2010, when this $12 million contract is finished, there will also be an election for one assessor to take over for the seven assessors we have today. Similar appraisal/assessment craziness would make for an interesting election.

2 comments:

Anonymous said...

I thumped my forehead, too, when I saw that story. I was thinking to myself, well, gee Gomer, couldn't one do a complete reassessment for that kind of dough, including a transparent process for revealing the methodology and handling appeals, thus eliminating the need for a review in the first place? But what do I know.

Anonymous said...

So why exactly is the Council spending $1.5 million on Frilot this year to check appeals? Are we going to be reappraised twice in three years, at a total cost of $13.5 million? And could Frilot at least pay for a proofreader when they print ads? "On or before August 20th" sure reads to me like it's legally inclusive of submissions to the assessors prior to August 15th.