To: The Honorable Chair and Members From: Stephanie N.B. Kopplin

Similar documents
Boone County, Kentucky Cost of Community Services Study Executive Summary

Fundamentals of Land Use Planning and Sustainable Development. Questions to be answered. Authority to Plan and Zone

Analysis of Infill Development Potential Under the Green Line TOD Ordinance

Assessment Quality: Sales Ratio Analysis Update for Residential Properties in Indiana

4. Parks and Recreation Fee Facility Needs and Cost Estimates Fee Calculation Nexus Findings 24

Special Fire Tax Rancho Murieta/Sloughhouse Area

ASSESSORS ANSWER FREQUENTLY ASKED QUESTIONS ABOUT REAL PROPERTY Assessors Office, 37 Main Street

APPLICATION OF GEOGRAPHIC INFORMATION SYSTEM IN PROPERTY VALUATION. University of Nairobi

PRELIMINARY ENGINEER S REPORT

Settlement Pattern & Form with service costs analysis Preliminary Report

Return on Investment Model

Re: Fairwinds Amenity Contribution Analysis

Make No Small Plans: Innovative Western Planned Communities. 10:00 11:10 a.m. Friday, April 22, 2005 Sturm College of Law

RIVER DANCE RV PARK ANNEXATION AND DEVELOPMENT IMPACT REPORT TOWN OF GYPSUM - SEPTEMBER RPI Consulting LLC.

2.2 Future Demand Projection Methodology

Challenging Trends Facing Housing in La Crosse

Comprehensive Plan 2030

MOUNTAIN HOUSE MASTER PLAN CHAPTER SIXTEEN PUBLIC SERVICE PROVISIONS

Procedures For Collecting and Monitoring Data

Restricted Use Appraisal Report Residential

Chapter 5: Testing the Vision. Where is residential growth most likely to occur in the District? Chapter 5: Testing the Vision

TRENDS IN HOUSING AND BROKERAGE. A discussion by REAL Trends Iowa Association of Realtors July 26, 2017

Development Benefit Considerations for the Off-Site Levy Bylaw

FGDC Cadastral Data Subcommittee. December 2008

COUNTY OF LOS ANGELES

LETTER OF TRANSMITTAL

MICHAEL D. ANTONOVICH Fifth District Supervisor Hilda L. Solis Supervisor Mark Rid ley-thomas Supervisor Sheila Kuehl Supervisor Don Knabe

SF 295 Overview. Lucas Beenken Public Policy Specialist Iowa State Association of Counties

Technical Report 7.1 MODEL REPORT AND PARKING SCENARIOS. May 2016 PARKING MATTERS. Savannah GA Parking Concepts PARKING MATTERS

2 REVISED NOBLETON COMMUNITY DEVELOPMENT CHARGE OPTIONS AND PREPAID DEVELOPMENT CHARGE CREDIT AGREEMENT PRINCIPLES TOWNSHIP OF KING

COST SEGREGATION UNCOVERING HIDDEN CASH FLOW

STANDARDS FOR EVALUATING PROPOSALS

A Review and Perspective on Parcel Data Models for Urban Planning

Fiscal Impact Analysis Evergreen Community

Discussion Paper 2: Lot Sizes and Housing Affordability. Township of Lake of Bays Official Plan Review

CHAPTER 4: MODERATE INCOME HOUSING ELEMENT

Town of North Topsail Beach

Transit Oriented Development (TOD) Progress Report

Fiscal Impact Modeling. Onondaga County

AGENDA REPORT. Susan Healy Keene, AICP, Director of Community Development

Geographic Variations in Resale Housing Values Within a Metropolitan Area: An Example from Suburban Phoenix, Arizona

Rent Stabilization, Vacancy Decontrol and Reinvestment in Rental Property in Berkeley, California

McMULLIN AREA GROUNDWATER SUSTAINABILITY AGENCY

Assembly Bill No. 489 Committee on Growth and Infrastructure CHAPTER...

Orange Water and Sewer Authority Water and Sewer System Development Fee Study

How Severe is the Housing Shortage in Hong Kong?

CHAPTER 2 VACANT AND REDEVELOPABLE LAND INVENTORY

TOWN OF PAYSON DEVELOPMENT FEE STUDY LAND USE ASSUMPTIONS, INFRASTRUCTURE IMPROVEMENTS PLAN, AND DEVELOPMENT FEE REPORT

ST. JOSEPH TOWNSHIP RESOLUTION CITY OF ST. JOSEPH RESOLUTION 2018-

Procedures Used to Calculate Property Taxes for Agricultural Land in Mississippi

ARLINGTON COUNTY, VIRGINIA. County Board Agenda Item Meeting of June 17, 2017

RICS property measurement 2nd edition: Basis for conclusions. Purpose

Hennepin County Economic Analysis Executive Summary

Be Happy, Stay Rural!

APA National Conference Monday, May 8 10:30 a.m. -11:45 a.m. Room: Hall 1E09 (JCC)

AICPA Valuation Services VS Section Statements on Standards for Valuation Services VS Section 100 Valuation of a Business, Business Ownership

2014 Plan of Conservation and Development

Alternatives September 25, ALTERNATIVES. No Action Alternative

THE TREND OF REAL ESTATE TAXATION IN KANSAS, 1910 TO 1942¹

Comparative Housing Market Analysis: Minnetonka and Surrounding Communities

STAFF REPORT. Grandview Beach and Paradise Point Water System Funding and Connection Costs

FROM: Russell T. Davis (Signed by Tom Hannah) for Administrator Housing and Community Facilities Programs

Ontario Rental Market Study:

2017 Reappraisal Preliminary Report. February 6, 2017

Parks & Recreation Impact Fee Update

Understanding the rentrestructuring. housing association target rents

Cadastral Framework Standards

L. LAND USE. Page L-1

Land Use Change Tax Incomes from Ten Selected New Hampshire Towns

LIMITED-SCOPE PERFORMANCE AUDIT REPORT

Restricted Use Appraisal Report Residential

Land Preservation in the Highlands Region

Marion County Board of County Commissioners

PRELIMINARY PROJECT PLAN AND REINVESTMENT ZONE FINANCING PLAN FOR PROPOSED TAX INCREMENT REINVESTMENT ZONE NO. 1, CITY OF OAK RIDGE NORTH

Office of Legislative Services Background Report The Revaluation of Real Property: Answers to Frequently Asked Questions About the Revaluation Process

Post-Apartheid Cities in Transformation for Social Justice and Sustainability

Santa Susana Field Laboratory (SSFL) area Open Space Land Use Designation (General Plan) and Rural Agriculture (RA) Zone

Housing and the Economy: Impacts, Forecasts and Challenges

IMPACT OF PROPOSED ROLL BACK OF AD VALOREM TAX REVENUES ON FLORIDA S COUNTIES

Jason Smith, Manager of Development Services Infill Development Draft Official Community Plan Amendment and Policy

OFFICE OF THE CITY ADMINISTRATIVE OFFICER

Proving Depreciation

Washington Department of Revenue Property Tax Division. Valid Sales Study Kitsap County 2015 Sales for 2016 Ratio Year.

Mass Appraisal of Income-Producing Properties

Attachment A First Submittal JAZB Safety Zones A and B

Preliminary Caledonia-Lewiston Levee Analysis Conducted by the Levee Working Group

Can Government Prevent the Next Bust? The Rationale for Needs-Based Permitting

2015 ROUTT COUNTY BOARD OF EQUALIZATION Hearing Date: July 28 th, 2015

Filling the Gaps: Stable, Available, Affordable. Affordable and other housing markets in Ekurhuleni: September, 2012 DRAFT FOR REVIEW

Northgate Mall s Effect on Surrounding Property Values

002 - Assessor GENERAL GOVERNMENT SERVICES ASSESSOR Assessor. At a Glance:

Proposed Development Fees. Hendersonville, TN January 14, 2018

CHICO/CARD AREA PARK FEE NEXUS STUDY

CITY OF OWATONNA ASSESSMENT REPORT. Steele County Assessor s Department. William G. Effertz, SAMA Steele County Assessor

City of Titusville "Gateway to Nature and Space"

EXHIBIT A. City of Corpus Christi Annexation Guidelines

Napa County Planning Commission Board Agenda Letter

Arlington County, Virginia. Internal Audit of the Real Estate Assessment Appeals Process Calendar Year Ended December 31, 2014

TOWN OF LEE NOBLE FARM DEVELOPMENT PARTNERSHIP

Urban Land Policy and Housing for Poor and Women in Amhara Region: The Case of Bahir Dar City. Eskedar Birhan Endashaw

Transcription:

SUMMARY REPORT CHANGING LANDSCAPES: LOT SPLITS AND LOSSES IN COCHISE COUNTY Date: May 6, 200 To: The Honorable Chair and Members From: Stephanie N.B. Kopplin Cochise County Board of Supervisors NASA Space Grant Intern University of Arizona SUMMARY OF FINDINGS Currently, lot split development is a common practice in exurban and rural Cochise County; however, up until now, there have been no studies conducted that would indicate the effects of such wildcat development on county resources. In an effort to assess the fiscal impact of lot splits and unregulated development on county revenue and services, Cochise County entered into an IGA with the University of Arizona in November, 200. Through collaboration with the Office of Arid Land Studies and the University of Arizona s Cooperative Extension Program, a study was conducted that compared the assessed total full cash value of residential units in planned subdivisions to residential units in non-subdivided developments in the Three Canyons Area south of Sierra Vista. Utilizing GIS analysis, the study was able to show that residential units in lot split developments tend to be valued lower than comparable units in developments that have gone through the county s formal subdivision process. In many circumstances, this is true despite the larger acreage of wildcat parcels. These findings imply that it would behoove the county to push for reformation of State land use statutes to account for revenue lost in unregulated developments. STUDY BACKGROUND The inspiration for the research conducted in Cochise County was the study carried out by Maeveen Beehan, PhD, and John Regan, GISP, CPM for Pima County titled Distribution of Fiscal Resources (200). In their analysis, Dr. Beehan and Mr. Regan examined the assessed total full cash value and tax revenue from properties within the Pima County service boundaries, to properties in exurban or wildcat developments beyond official city limits. They found that

overall, wildcat development cannot contribute enough to the tax base to make up for its service demands, and presents a significant strain on county revenue. These detrimental tax implications build upon a list of growing concerns surrounding unregulated development that include the encouragement of sprawl, environmental degradation, and the loss of access to public lands and open spaces. STUDY COMPONENTS For Cochise County, a similar study was developed and specially tailored for the Three Canyons Area. The site was selected due to its mixture of formally subdivided and nonsubdivided (lot-split) developments under the same Home Owner s Association regulations and CCNR s. Unlike in Pima County, most of the developments in this exurban region are serviced by private septic and water, so the concept of service boundaries is not as applicable. However, the assessed total full cash value of residential units is still relevant and provides an excellent basis for comparison of potential revenue back to the county since all homes in this area are under similar service arrangements. Given this, the study was designed to compare the assessed total full cash value of custom homes in formally subdivided versus non-subdivided areas, as well as single family residences 2 in non-subdivided areas on parcels greater than five acres. The guiding hypothesis was that those homes in non-subdivided (lot-split) developments might be assessed lower than those homes in formally subdivided areas despite the larger acreage of many of the non-subdivided units. Formally Subdivided I Deer Ridge Estates La Pradera Covey Run Los Ranchos* THREE CANYONS DEVELOPMENTS Non-subdivided (lot-split) Fairfield Estates Various un-named and miscellaneous parcels METHODOLOGY In order to facilitate a joint spatial and data-based analysis of the region, parcel data was supplied by the Cochise County Tax Assessor for the Three Canyons region, and was uploaded into ArcGIS to facilitate geospatial analysis. The parcel data provided included a diverse range of property types and use codes, so the data was culled with a query to select only custom homes in formally subdivided or non-subdivided developments, as well as single family residences in non-subdivided areas on parcels greater than five acres. The attribute utilized to perform this * An exception to this uniformity is the Los Ranchos development that is not under the same HOA or CCNR s but was included due to its proximity and integration with surrounding developments. 2 Not manufactured homes SFR s on parcels > acres were included to assess whether land size made a significant difference in assessment even if parcels were in non-subdivided areas. The assumption was that larger parcel size might lead to a higher assessed value; however, the findings of this study do not substantiate that hypothesis and actually show that larger parcel size in non-subdivided areas does not actually result in a higher assessed value.

filter was USE_CODE with selections based on: = subdivided custom homes, 0 = lot split custom homes, and = single family residences on parcels greater than five acres. FINDINGS After the data was filtered, 0 parcels remained and their total full cash value was sorted from lowest assessed value to highest assessed value. Comparisons were made and evaluated by examining the location and parcel size of the different residential units. In general, data suggests that the lowest assessed value parcels tend to be single family residences on parcels greater than five acres or custom homes in non-subdivided areas, and that the highest assessed value parcels tend to be those in formal subdivisions. An examination of the 2 lowest and highest assessed parcels in table format illustrates this trend: 2 LOWEST ASSESSED TOTAL FULL CASH VALUE PARCELS TOTAL FULL CASH VALUE DEVELOPMENT NAME DEVELOPMENT TYPE USE CODE PARCEL SIZE,662 92,20 2, 2,22 229, 2, 26,29 26,6 2,0 2, 2,2 2,0 2,2 292, 29,22 02,00 0, 0,66 06,22 0,26 0, 09,6,0 2,2,09 Los Ranchos 0 0 0 0 0 *Bolded developments are those miscategorized by use code. Based on their non-subdivided status, they would be more appropriately categorized as 0s. *Parcel size is in acres.

2 HIGHEST ASSESSED TOTAL FULL CASH VALUE PARCELS TOTAL FULL CASH VALUE 6,96,60 0,0 6,00,6,6 6,0 0,0 2,,002 0,96 2,9 9, 90, 92,0 9,626 02,09 0,00 0,0 2,6 0,66,06,99 2,29 69, DEVELOPMENT NAME I I Deer Ridge I I Deer Ridge I I I I DEVELOPMENT TYPE USE CODE PARCEL SIZE 0 0 6 A comparison of the parcel size of the lowest assessed values and highest assessed values reveals that larger parcel size in non-subdivided areas does not significantly increase assessed value. Several homes on parcels of or more acres were actually assessed lower than comparable homes on parcels of lesser acreage (i.e. - acres). CONCLUSIONS Based on these preliminary findings, one can assert that there is a difference in assessed valuations of otherwise equal units depending on whether they are in formally subdivided or non-subdivided developments. Furthermore, larger parcel size does not result in higher assessments of homes in non-subdivided areas, and formally subdivided homes on smaller acreage tend to be assessed higher than their non-subdivided, more expansive counterparts.

Although there are no conclusive results, one can speculate that the higher assessments of homes in formally subdivided areas can be attributed to amenities included in subdivided developments such as paved roads, open space, and fire service infrastructure. These findings imply that it would be in the best interest of Cochise County to push for reformation of State statutes to account for lot split development. Lower assessments of homes in non-subdivided areas result in a decrease in potential tax revenue for the county.