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  2. Finance Committee - Agenda - 2/19/2020 - P24

Finance Committee - Agenda - 2/19/2020 - P24

By dnadmin on Mon, 11/07/2022 - 13:33
Document Date
Fri, 02/14/2020 - 12:40
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 02/19/2020 - 00:00
Page Number
24
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__021920…

a. The annual maintenance of assessments by using the base year data collection manual and USPAP-
compliant report; and

b. The use of the computer assisted mass appraisal system existing models and cost data established by a
DRA-certified property assessor supervisor during the year of the last revaluation for new appraisals;

(2} Perform abatement reviews and the defense of value under the supervision of a DRA-certified property
ASSeSSOT SUPETVISOT;

(3) Perform sale validation; and

(4} Submit a signed and dated statement to the DRA attesting to the qualifications of a building measurer and
lister, or a property assessor assistant, working under the DRA-certified property assessor’s supervision to be true,
accurate and correct.

(b), A DRA-certified property assessor shall not adjust the cost, land, depreciation, or other computer assisted mass
appraisal tables resulting in a change ito the values unless specifically authorized by a DRA-certified property assessor
supervisor.

(c) A DRA-certified property assessor shall not establish and certify values.

(d) A DRA-certified property assessor shall not sign the USPAP-compliant report.

{ce} A DRA-certified property assessor shall not conduct the final field review.
Asb 304.04 DRA-Certified Property Assessor Supervisor Duties.

(a) Perform and supervise all appraisal work;
(b) Conduct and supervise a revaluation, cyclical revaluation, or partial update by:
(1) Compilation of the data collection manual;

(2) Performing a market analysis for the establishment of the base values and tables for the computer assisted mass
appraisal models;

{3} Calibrating the computer assisted mass appraisal models;
(4) Performing the data quality final field review of the mass appraisal results;
{5) Conducting statistical testing;
(6) Complete and certify a USPAP-compliant report; and
{7} Overseeing and supervising:
a. The informal review process;
b. The abatement review; and
c. Defense of the appraised value(s);
{c) Oversee any revaluation by assisting the municipal assessing officials to ensure that:
(1) The revaluation is performed in accordance with applicable state statutes and administrative rules;
(2) The contract terms and conditions are adhered to; and ‘
(d) Submit a signed and dated statement to the DRA attesting to the qualifications at all levels of certification to be

true, accurate, and correct.

2. RESPONSIBILITIES AND SERVICES TO BE PERFORMED BY CONTRACTOR

2.1 Contract Submission

The contract, any revised contract, and the list of personnel assigned to work under the contract, shall be first submitted
to the DRA for examination and shall not be approved by the DRA until the indemnification and insurance certificates as
described in Rev 607.01(a) and the performance bond as described in Rev 607.02 have been submitted to both the
municipal assessing officials and the DRA.

Page Image
Finance Committee - Agenda - 2/19/2020 - P24

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