FAYETTE PROPERTY NEWS
Transcription
FAYETTE PROPERTY NEWS
FAYETTE PROPERTY NEWS PVA implements latest in technology Volume 1, Issue 2 January 7, 2010 The combined use of GIS mapping software and high resolution aerial photography (Pictometry) has become an integral part of the Fayette PVA Office. Among David O’Neill’s first major initiatives was the establishment of a research department centered on the use of these technologies. Through contacts in the departments of GIS at LFUCG and UK, O’Neill recruited recent UK graduate Calvin Harmin as the first employee of the Example of a neighborhood map used by PVA assessors research department. Harmin’s first task was to update neighborhood further enhanced by using aerial photography. maps used by property assessors which were PVA assessors are able to look at high-resolution originally created in 1998. aerial photography from directly overhead as well In addition to the neighborhood maps, the PVA as at a 45-degree angle from many directions. staff is also utilizing GIS technology to plot sales, Desktop applications allow assessors to utilize this foreclosures, property improvements and other imagery to measure a building’s dimensions withdata to better identify trends within specific out leaving the PVA Office. This does not entirely neighborhoods. “We can visually represent eliminate the need for physical inspections but has almost every aspect of the property data that we already resulted in a reduction in the number of gather using this software,” said Harmin. field verifications performed by the PVA staff. GIS mapping has also allowed the PVA staff to be more efficient in terms of field inspections and to lower automobile expenses by electronically organizing routes and maps prior to leaving the office. The benefits of this GIS mapping software are The PVA Office is currently working with LFUCG and Pictometry representatives to update imagery and software capabilities. Funds necessary for these upgrades have been secured through the sale of under utilized automobiles in the office pool. Address changed? Let us know! If you own property in Fayette County and you move or change your mailing address, download the “Change of Address” form on www.FayettePVA.com, complete and return it to the office. Please call (859) 246-2722 with any questions. PVA David O’Neill Inside this issue: PVA takes voluntary budget cut 2 Appealing an assessment 2 Data quality improved 2 Celebrating staff milestones, recognitions 2 2010 Tax Calendar Building Permits 2 3 2009 Residential Property Transfers by Sale Price 3 Residential Property Transfers by Year 3 Residential Foreclosures 3 A Publication of the Fayette County Property Valuation Administrator 101 E. Vine St., Ste. 600 Lexington, KY 40507 (859) 246-2722 www.FayettePVA.com Page 2 Fayette Property News Fayette PVA takes voluntary budget cut On November 25, David O’Neill announced that the Fayette PVA Office voluntarily requested a 5.8% budget cut in the operating funds appropriated by the Lexington-Fayette Urban County Government (LFUCG). Additionally, previously outsourced accounting services were brought inhouse saving $4,000 per year. Other non-essential expenses such as cellular phone service, cable and travel have been reduced or eliminated. “We are all in this period of economic recovery and revenue shortfall together,” O’Neill said. “The tax payers expect nothing less than full disclosure, cooperation and belt-tightening from all government entities and the PVA office is no exception.” Selling the excess PVA vehicles netted $45,000 for the office budget. Approximately $10,000 will be used to offset the voluntary reduction in LFUCG funding. The remaining $35,000 will upgrade aerial photography images and other GIS technologies that the office recently implemented to increase efficiency in property assessment practices. (see cover LFUCG appropriated $365,000 to the PVA Office for Fiscal Year 2010 which is paid in quarterly installments. The appropriation for FY 2010 is now $344,000. Previous cost-cutting measures made it possible to take this voluntary reduction. In August, O’Neill reduced the size of the PVA automobile fleet by 45% which saved taxpayers approximately $5,000 per year in related expenses. story for more information) “This is exactly the type of response that our current situation requires, and I hope Mr. O’Neill’s proactive efforts will inspire other agencies to step up in similar fashion,” said Mayor Jim Newberry. “We very much appreciate the help of the PVA and his staff in resolving this issue.” Appealing an assessment Data quality improved Property owners will be notified by mail in April if their property assessment has changed. Any property owner, whether their assessment changed from the prior year or not, can discuss or challenge an assessed value with the office and has the right to conference with the PVA during the annual 13-day Open Inspection period; for 2010 that period is May 3-17 including Saturdays. Prompt delivery of property tax bills depends upon accurate ownership data including correct mailing addresses for property owners. This year our staff corrected nearly 2,000 erroneous ownership records prior to the tax bills being mailed on September 30, 2009. If an agreement on value is not reached between the PVA and the property owner before the end of Open Inspection, then the owner has the right to appeal to the Local Board of Tax Appeals. If the Board’s decision does not satisfy the taxpayer or the PVA, then either party may file an appeal with the Kentucky Board of Tax Appeals. 2010 Tax Calendar January 1 Assessment Date Also, employing address verification technologies for the first time in this process, the staff then began to work on correcting the owner mailing addresses on the 2,700 tax bills which were returned as undeliverable by the USPS. These were re-mailed to taxpayers in a timely manner which ensured taxpayers could take advantage of the 2% discount period. These efforts will reduce the number of undeliverable tax bills in 2010 by an estimated 65% compared to 2008. January 31 Last day to pay property taxes with 5% penalty Celebrating staff milestones, recognitions Congratulations to Bonnie Coppinger (above center, with Deputy PVA Carolyn Logan and PVA David O’Neill) who was recognized by the Department of Revenue as a Certified Kentucky Assessor in November 2009. Bonnie is our Residential Property Supervisor and has been with our office since 2006. Nelson Keesey (right), celebrated his 23rd year with the PVA Office in December. Nelson, a commercial property assessor, is widely respected in the commercial property industry and is often sought out for his institutional knowledge and well organized sales books. Lori Houlihan (left), who administers Homestead Exemptions in the PVA Office, was voted the 3rd most intriguing Kentucky newsmaker in a Lexington Herald-Leader poll. Lori founded Lexington’s March Madness Marching Band and is a founding officer of Local First Lexington, a non-profit organization that promotes area businesses. April 15 Notices mailed to property owners whose assessments changed May 3-May 17 Open Inspection of Tax Roll (including Saturdays) Volume 1, Issue 2 Page 3 2009 Residential Property Transfers by Sale Price Building Permits Commercial 2008 2009 Residential 2008 2009 January 58 37 120 56 February 40 35 103 135 March 48 29 135 187 April 45 39 197 138 May 41 41 237 161 June 51 39 239 175 July 80 45 169 220 August 53 72 217 184 September 38 41 156 148 October 48 53 129 149 November 33 40 93 135 December 36 37 86 89 Total 535 471 1795 Sale Price $49,999 and Below $50,000 - $99,999 $100,000 - $119,999 $120,000 - $139,999 $140,000 - $159,999 $160,000 - $179,999 $180,000 - $199,999 $200,000 - $249,999 $250,000 - $299,999 $300,000 - $499,999 $500,000 - $749,999 $750,000 - $999,999 $1,000,000 - $1,249,999 $1,250,000 - $1,499,999 $1,500,000 - $1,999,999 $2,000,000 + 1688 Total Parcels Transactions 6,494 154 17,981 515 12,790 484 13,619 692 9,843 522 7,183 384 5,041 242 8,209 397 5,232 205 6,402 315 1,444 93 390 19 99 5 48 1 26 1 19 0 Total Includes building permits received from LFUCG that are reviewed by PVA for possible value added 94,820 4,029 All residential properties, including single family, duplexes, townhouses and condos. Excludes family and quit claim transfers. Residential Property Transfers by Year Number of Residential Property Transfers by Year Residential Foreclosures 2008 11,000 10,000 9,000 8,000 7,000 6,000 5,000 4,000 2002 2003 2004 2005 2006 2007 2008 2009 2009 January 29 39 February 37 39 March 50 37 April 44 27 May 35 76 June 54 46 July 39 63 August 39 69 September 50 48 October 43 59 November 55 69 December 52 38 Total 527 610