Lincoln Institute Sessions at the 2022 IAAO Annual Conference
The annual conference of the International Association of Assessing Officers (IAAO) offers state and local assessing officials the opportunity to hear varied perspectives on property tax issues from practitioners and valuation experts. This year, the Lincoln Institute will present two sessions for conference participants on current issues in valuation and property tax policy:
The Property Tax in Focus: Are Assessments and Property Taxes Equitable?
A number of recent studies have found lower-value residences assessed at higher proportions of sale price than higher-value properties. This plenary session will review these findings, consider the complexities of measuring vertical equity in assessment, and explore potential improvements and policy tools that can make the property tax more equitable.
Policies that Promote Equity: Lincoln Institute Report on Residential Property Tax Relief
Fair and effective residential relief is essential for a successful property tax system. This session discusses policy options to address concerns with affordability, volatility, fiscal disparities, and other challenges. It considers the experiences of specific jurisdictions and offers recommendations that strengthen the equity and efficiency of the tax.