 | Field Data Collection Phase: AVTACS
commenced field work on June 1, 2008 and it is still in progress. During
this phase each parcel of property in the county will be visited and the
improvements on the parcel measured and photographed. |
| Data Entry Phase: The data entry phase
will then begin and the information collected in the field will be entered
into a computer. |
| Appraisal Model Building Phase: An
appraisal model will be developed with building cost tables and land value
schedules. These tables and schedules will be applied to the sold parcels
and calibrated where the model correctly predicts the observed selling
prices. The model will then be applied to the unsold properties. |
| Uniformity Review: Properties will be
sorted by type and quality and reviewed for uniform treatment. |
| Submission to Board of Assessors: The
values will be officially turned over to the Board of Assessors for their
review. |
| Official Assessment: When the Board of
Assessors are satisfied that the revaluation has resulted in a fair and
uniform digest, they will approve the values, make the assessments and then
the timeline below will be followed to prepare the digest for final billing. |
