2. SR 04-11-2022 - Laserfiche WebLink

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'�. DEPARTMEHT � OF N€VENUE Recommendations for board members Become familiar with sales information prior to board meeting Most board members are not necessarily aware of current trends in the real estate market or trained in the field of appraisal. Therefore, advance preparation is essential to making informed, fair decisions on the appeals heard by the local board. The county assessor (or the local or city assessor in some instances) should provide information on the real estate market in advance of the board meeti ng. If this information is not provided, the board should request that the assessor provide the information at least one week prior to the meeting so board members have time to review it. The following are examples of the type of data that the assessor may provide for the board to use when determining if an adjustment is necessary. This is not an all-encompassing list, and depending on the jurisdiction, it may or may not be necessary for every board to have all the items on the list. The board should work with the assessor to determine the specific information to be supplied to the board. ■ Information on sales within the districtthat occurred in the previous year. ■ Valuation tables of land types. ■ Copy of the values from the mini-abstract for the district (current year and prioryear). ■ Printout of parcel listings for the district with the values. ■ Review of the current statutory classifications and the corresponding class rates. ■ Review of value changes by propertytype in the district. The board should also be prepared to request additional background information and to ask questions of the assessor in order to assist with the board's deliberations. As a board member, you should review the information provided by the assessor. Ifyou have any questions aboutthe materials, please be sure to contact the assessor. Being knowledgeable about the real estate market is the key to making informed and fair decisions. 19