year, to arrive at full and true value as of April 1. The term includes "fuil reappraisal"
and “full reassessment.”
Rev 601.16 “Cyclical revaluation” means the process of combining a fil statistical
revaluation of the entire municipality with a cyclical inspection process. (See also: Rev
601,13 “Cyclical inspection” means the process of a systematic measure and listing af
all properties within a municipality over a specified period of time. The term includes
“data collection” and “data verification. *')
Rev 601.25 "Full statistical revaluation" means the process of a revaluation of all
taxable and nontaxable properties in a municipality, using existing property data, to
arrive at full and true value as of April 1. The term includes “statistical update" and
“statistical reassessment."
A few communities this year, that were planning on performing a Full Revaluation with a ful!
measure and list of all properties prior to setting values, for fiscal or social distancing reasons
have decided that this is not a goad environment in which to perform this type of extensive
project. Instead, they are scaling back to more manageable full statistical revaluations,
recognizing that comprehensive measure and list fieldwork can be performed over the course of
one or more future years. However, for conumunities that have already had contracts approved
for full revaluation, those contracts and the Rev 600 rules require measure and list. In addition,
for those communities that have contracted for full statistical revaluations, those contracts and
Rev 600 rules require a measure and list of sales used to support the statistical model.
For those communities conducting Cyclical Revaluations and that have been performing cyclical
property inspections, over the past 2, 3, 4, 5 years, for instance, have typically completed their
inspections prior to the revaluation year. “Callbacks” for property owners who have requested
interior inspections, or any other cyclical inspections not already performed can be postponed or
managed with appropriate safe-distancing as discussed below.
Essentially, what is mintmally required to be performed at least as often as every five years is a
Full Statistical Revaluation (sometimes referred to as an ‘Update’). What can this look like in
this time requiring social distancing? It requires the qualification and measure and list of sale
properties. Specifically, sales qualification requires determining which sales in the municipality
from the past one-to-two years (typically) were arm’s length, open market sales. In order to
qualify these sales, assessors can utilize a multiple listing service (MLS), PA-34 forms,
telephonic interviews and deed information. All of these sales qualification methods can be
performed without face-to-face contact. Rev 603.03(a), however, also requires interior and/or
exterior inspection of the qualified sale property—-a measure and list. Assessors and Municipal
Assessing Officials should devise an appropriate protocol for handling the field work ~ both the
measure and list work and the verification under Rev 603.03(a)(3). Health and safety are always
paramount concerns and even more so now, so assessors must follow the recommendations of
federal and state health officials which would include that they not do field work when they have
symptoms, if they have been found to be infected, or if they have been exposed to an infected
person. They should maintain safe distancing, wear face masks and eye protection, wash and
3 [Page
