Paul D. Petersen Assessor WELCOME New River Desert Hills Community Association

Transcription

1 WELCOME New River Desert Hills Community Association Presented by: Michael Combrink Maricopa County Director of Government

2 Introduction o Elected November 04, 2014 o Started in Office January 2006 PIO\Legislative Liaison o o o Practicing Adoption Attorney ASU JD and Undergraduate AZ DOR Certified Appraiser

3 Who Are We and What Do We Do?

4

5 Vision To be a Recognized National Leader in the Property Tax Assessment & Administration field 2012 and 2009 IAAO Outstanding Chapter/Affiliate Award 2012 IAAO Member of the Year 2015 Summit Award 2011 Best Renovation/Restoration Project 2011 SAG Special Achievement In GIS 2011 Environmental Excellence Award 2010 NACo Achievement Awards 2009 OSAM Best Solution 2008 APLS Project Of The Year

6 Population

7 Land, Value, Tax Jurisdictions

8 Business Statistics

9 Business Statistics

10 # of Businesses w/ Personal Property Value 2015 Class FCV Range Accts I.E. Locations % Of Accts Owners Cost (in billions) FCV (in billions) Exemption ($146,973) (in billions) Remainder Value (in billions) Net Assessed (in billions) Net Ass d Ratio Class S >$125,000 24,449 56% 21,861 $2.9 $.3 $.3 $.02 $ % Class A $399,999 4,813 11% 1,924 $3.2 $.6 $.4 $.2 $ % Class B $999,999 4,334 10% 1,036 $3.7 $.7 $.2 $.5 $ % Class C $4,999,999 5,326 12% 702 $7.9 $1.1 $.1 $1.0 $ % Class D $19,999,999 1,738 4% 142 $7.5 $1.3 $.01 $1.2 $ % Class D3 >$20,000,000 2,772 6% 44 $27.8 $6.0 $.007 $6.0 $.5 8.8% TOTALS: 43,432 25,709 $53.0 $10.0 $1.0 $9.0 $ % 21,861 SMALL BUSINESSES 3,848 MID TO LARGE BUSINESSES

11 Property Types Total Parcels: 1.57 million Single Family Residential 1,235,192 79% Vacant Land 184,382 12% Agriculture 15,388 1% Apartments 28,593 2% Mobile Home 37,087 2% Commercial 70,512 4%

12 How Do We Value Properties CAMA Model Overview PROPERTY TYPE MODEL TYPE Residential Market Condo Market Vacant Land Market 2-12 Unit Apartments Market 13 + Unit Apartments Income Hotels/Resorts > 200 Rooms Income Commercial Condo Market Warehouse/Industrial Market Offices < 22,000 SF Market All remaining property types are valued using the Cost Approach

13 2016 Tax Roll Timeline

14 2017 Tax Roll Timeline

15 Benchmarks County Los Angeles Co., California New York City, New York 2014/2015 Census Estimate Population Nationwide Top Nine Counties Listed By Population FTE Parcel Count Personal Property Accounts Avg Parcels/Accts Per FTE FY 16 Budget Avg Budgeted Amount Per Total Parcel/Account 10,170,292 Jeffrey Prang 1,443 2,632, ,908 2, ,828,000 $61.88 Thomas Mattox 8,491,079 (NYC Commissioner, Office of Tax Policy) 284 1,055, ,716 21,335,215 $20.22 Cook Co., Illinois* 5,246,456 Joseph Berrios 337 1,861, ,525 24,438,754 $13.13 Harris Central Sands L. Stiefer Appraisal District, 4,538, ,394, ,913 2,683 68,676,380 $40.06 (Chief Appraiser) Texas Maricopa County,, 4,167,947 Arizona 310 1,572, ,100 5,534 24,132,200 $14.07 San Diego Co., Ernest J. Dronenburg 3,299,521 California Jr ,048,650 72,667 2,735 62,236,886 $55.50 Orange Co., California 3,169,776 Claude Parrish , ,151 3,397 33,203,344 $31.03 Miami-Dade Co., Pedro J. Garcia 2,693,117 Florida (Property Appraiser) , ,642 2,808 34,744,000 $34.28 W. Kenneth Nolan Dallas Central 2,553,385 (Chief Appraiser/ Appraisal Dist., Texas Executive Director) ,324 99,030 4,002 23,009,832 $25.11 King County, Washington 2,117,125 John Wilson ,906 36,257 3,339 47,965,167 $67.45

16 Benchmarks Maricopa County: 1 staff member for 5,533 parcels\accounts.19 staff per 1,000 parcels According to IAAO 2013 Benchmark Survey: For Counties in USA > 28,800 parcels : 1 staff member for 3,100 parcels.86 staff per 1,000 parcels

17 Benchmarks Maricopa County: $14.07 per parcels\accounts According to IAAO 2013 Benchmark Survey For Counties in USA > 28,800 parcels: $20.53 per parcels

18 SFR - Median Secondary Valuation Tax Year Fiscal Year Median FCV Median LPV/ Prop FY , , FY , , FY , , FY , , FY , , FY , , FY , , FY , , FY , , FY , , FY , , FY , ,000

19 s Website Old

20 s Website New

21 s Maps Old

22 s Maps New NOTE: 2016 Preliminary Aerials are now available on Beta Maps These images were flown between Nov. 1, 2015 Feb

23 Assessment Analyst (AA) IAAO Appraisal Standard Compliant Technology

24 AA Update - Desk Top Review Phases

25 AA Update 2014 Pilot Phase I, complete (TY 2016, FY 2017), 8 FTE Team 50,000 parcels, best for RD properties 2015 Phase II, complete (TY 2017, FY 2018), some RD Staff 60,000 parcels 2016 Phase III, began Feb. 1 (TY 2018, FY 2019), all RD Staff 100,000 RD only parcels Included in base budget

26 AA Phase 1 / Phase 2 Results PHASE I (TY 2016, FY 2017) PHASE II (TY 2017, FY 2018) RESIDENTIAL PARCELS REVIEWED: 45,938 45,529 VALUE UNDER REVIEW: 1,253,308,200 2,990,001,300 % PARCELS WITH POSITIVE CHANGE: AVERAGE FCV INCREASE: $5,510 $7,760 MEDIAN FCV INCREASE: $1,600 $3,100

27 AA Phase 1 / Phase 2 Results PHASE I (TY 2016, FY 2017) PHASE II (TY 2017, FY 2018) NET FCV CHANGE: $249,072,100 $353,344,100 NET RULE "B" LPV: $176,564,600 $444,373,400 PARCELS WITH RULE "B" INCREASE: 7,552 13,838 PARCELS WITH RULE "B" DECREASE: 1,129 1,505

28 AA Phase 1 / Phase 2 Results PHASE I (TY 2016) PHASE II (TY 2017) ESTIMATED TAX REVENUE: $2,279,700 $6,166,400 PROGRAM COST, LESS STAFF: $428,100 $680,200 ROI (X TO 1): 6 10

29 AA Phase 1 / Phase 2 Results PHASE I (TY 2016, FY 2017) PHASE II (TY 2017, FY2018) SQ FT INCREASE: 12,848 18,153 SQ FT DECREASE: 3,359 7,662 AC ADDED: 1,769 11,095 2ND FLOOR ADDED: ND FLOOR DELETED: BASEMENT ADDED: BASEMENT DELETED: 32 2 POOL ADDED: POOL DELETED: DETACHED GARAGE ADDED: 913 3,080 DETACHED GARAGE DELETED: 1 439

30 AA Phase 1 / Phase 2 - Results

31 You

32 The Lender

33 The Buyer

34 The Bank s Appraiser

35 The County

36 Maricopa County s Office General Information : Administration : Website : mcassessor.maricopa.gov