Recommendations and Action Steps
Implementing Recommendation #6
The task force established by this group would be comprised of the stakeholders necessary to get a mandated cycle law passed and enforced. This task force would be responsible for reviewing the current Real Property Tax Law (RPTL) and developing a communication plan to build coalitions that would encourage municipalities to collaborate to help reduce costs—in time, talent, and staffing.
A critical first step in this effort would be to agree upon the exact meaning of the term “cycle legislation.” As discussed earlier, the specifics of the definition of cycle legislation are unclear. Coming to a common understanding of what “cycle legislation” would be designed to accomplish and how the specifics might be presented is necessary for any progress in this area.
In addition, many of the barriers could be overcome or minimized, according to the group, with funding targeted to educate assessors and provide them with the technological equipment they would need to conduct cyclical reassessments. That funding would also help assessors adhere to IAAO standards and promote better data with which to conduct reassessments.