Board Of Aldermen

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exploring. It may be a little too cutting edge for this City but you know people are looking at ways that they
don’t, you are not the only, or our assessors aren't the only people who can’t get in houses. But you know other
people in industry for property evaluation can’t get in there either but they somehow figure out how to make
automated methods that are reasonably accurate. And | think if it was any more accurate than what we are
seeing today that would be a step forward.

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equalization ratio, you are not supposed to be blindly just raise the assessment to match the sales price. That is
true even if you’ve been equalizing it. It can be an indication that wnat you had down in your data as a place
with 1 1 /2 baths turns out to have 3 baths. What you thought was a 3 bedroom home turns out to be a 4
bedroom home. That sort of correction to the data on a piece of property is definitely possible when a house is
listed for sale.

Alderman Klee

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training and you can get certain knowledge, you can rely on consultants and professionals with expertise, will
that person know where to get that information? That is important. But! doubt very much you are going to find
one individual who is an assessor, worked in IT, been a purchaser, dealt with insurance, and been a City Clerk.
If you do that is not the strength of the position. The strength of the position is to be able to manage functions
efficiently.

Alderman Klee

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any proof that there is finished basement or guessing at the number of bathrooms, bedrooms or anything else
without reason is not something that professional assessors are well-advised to do.

Alderman Jette

So your answer is you do need legislation to give you more authority.

Attorney Bolton

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Yes, we might want to do more frequent assessments. If we do this full measure and list over 3 years which is
about as quickly as it can get done, that would enable us to undertake a new revaluation in 3 years if we want

to. But it does take time to do that inspection because you’ve got to put a lot of people out in the field. It is an

expensive exercise but it does help to achieve equity and certainly a better perception of equity. So | think the