[00:00:04] NICOLE CONLEY: I'D LIKE TO CALL THE TRAVIS CENTRAL APPRAISAL DISTRICT PUBLIC HEARING ON THE 20 22,027 28 REAPPRAISAL PLAN TO [Public Hearing on 2027/2028 Reappraisal Plan] ORDER. THE TIME IS APPROXIMATELY 11:36 ON THURSDAY, SEPTEMBER 3, 2026. WE'RE CONDUCTING THIS HEARING AT TCAD HEADQUARTERS, LOCATED AT 850 EAST ANDERSON LANE IN AUSTIN, TEXAS, AND A QUORUM IS PRESENT. WE'RE ALSO PROVIDING THIS HEARING THROUGH ONLINE BROADCAST WITH CLOSED CAPTIONS AS A COURTESY. FIRST ITEM ON OUR AGENDA, AS ALWAYS, IS CITIZENS' COMMUNICATION. EACH CITIZEN WILL BE GIVEN THREE MINUTES TO ADDRESS THE BOARD, WHETHER GIVING A COMPLAINT OR PRAISE, MEMBERS OF THE PUBLIC ARE ASKED TO REFER TO STAFF MEMBERS BY POSITION OR BY THEIR ABBREVIATED LAST NAME. WHILE CITIZENS MAY SPEAK ON ANY TOPICS THEY CHOOSE, THE BOARD CANNOT ACT OR COMMENT ON ANY SUBJECT NOT LISTED INTO TODAY'S SHORT AGENDA. DO WE HAVE ANYONE SIGNED UP TO SPEAK? NO, WE DO NOT. OKAY, THANK YOU. ALL RIGHT. SINCE THERE'S NO ONE TO SPEAK, WE'LL MOVE TO ITEM NUMBER FOUR: THE PUBLIC HEARING ON THE PROPOSED 2027 28 TRAVIS CENTRAL APPRAISAL DISTRICT REAPPRAISAL PLAN. ITEM NUMBER FOUR: A OPEN THE PUBLIC HEARING. SO AT THIS TIME, I DECLARE THE PUBLIC HEARING HEARING OPEN, AND SO WITH THE MEETING BEING THE HEARING BEING OPEN, WE'LL MOVE TO ITEM 4B, WHICH IS RECEIVE PUBLIC COMMENT ON THE 22,027 28 REAPPLAISAL PLAN. DO WE HAVE ANY INDIVIDUALS WHO HAVE REGISTERED TO SPEAK? MS. MANN? LEANA MANN: WE DO NOT HAVE ANYONE REGISTERED. NICOLE CONLEY: OKAY, NO ONE REGISTERED TO SPEAK. SEEING NO ADDITIONAL SPEAKERS, WE'LL MOVE TO ITEM 4C, WHICH IS TO CLOSE THE PUBLIC HEARING. THE PUBLIC HEARING ON THE PROPOSED 2027-28 TRAVIS CENTRAL APPRAISAL DISTRICT REAPPRAISAL PLAN IS NOW CLOSED. NO BOARD ACTION IS REQUIRED DURING THE PUBLIC HEARING, SO AND AND THAT WAS WE'LL CONSIDER ADOPTION OF THE REAPPRAISAL PLAN DURING THE REGULAR BOARD MEETING, AND THAT BRINGS US TO OUR LAST ITEM FOR THIS HEARING, AND THAT'S TO SORT OF CLOSE IT OUT, CLOSE IT AND ADJOURN IT. DO I HAVE A MOTION TO ADJOURN THE PUBLIC HEARING? MOVED BY MR. ELFANT, SECOND BY MR. WANG. ALL OF ALL AFFIRMATIVE TO CLOSE THE PUBLIC HEARING. AYE. NO OPPOSITION. THE MOTION PASSES. THE PUBLIC HEARING IS ADJOURNED AT 1138 A.M. SO MOVING FORWARD, I'D LIKE TO CALL THE [Regular Meeting of the Board of Directors] [1. Call to order] ORDER AND ESTABLISHMENT OF A QUORUM FOR OUR REGULAR MEETING OF THE BOARD OF DIRECTORS. THE TIME IS 1138 ON SEPTEMBER 3, 2026. WE'RE CONDUCTING THIS MEETING AT TCAD HEADQUARTERS LOCATED 850 EAST ANDERSON LANE, AUSTIN, TEXAS, AND A QUORUM IS [2. Establishment of a quorum] PRESENT. WE'RE ALSO PROVIDING THIS MEETING THROUGH ONLINE BROADCAST WITH CLOSED CAPTIONS AS A COURTESY. AGAIN, OUR FIRST ITEM ON OUR AGENDA IS CITIZENS' COMMUNICATION. DO WE HAVE ANYONE [3. Citizens communication] SIGNED UP TO SPEAK, MISS MANN? LEANA MANN: WE DO. WE HAVE MISS JUDY GRACY. NICOLE CONLEY: MISS GRACY LEANA MANN: AND IT DOESN'T APPEAR SHE'S HERE. NICOLE CONLEY: SHE'S NOT HERE. OKAY, MOVING FORWARD, WE'LL MOVE ON TO ITEM NUMBER FOUR, OUR CONSENT AGENDA FOR THIS MEETING. [4. Consent agenda] THESE ITEMS MAY BE ACTED UPON IN ONE MOTION. NO SEPARATE DISCUSSION OR VOTE WILL OCCUR UNLESS IT'S REQUESTED BY ANY BOARD OF BOARD MEMBERS. DOES ANYONE HAVE ANY DESIRE TO MOVE ANY OF THESE ITEMS TO FOR DISCUSSION. ALL RIGHT. WELL, I'LL GIVE YOU SOME TIME TO SORT OF TAKE IT ALL IN BEFORE WE TAKE THE FORMAL ACTION. SO WE NEED A MOTION TO APPROVE THE CONSENT AGENDA. DO WE HAVE A MOTION? MOTION BY MR. WANG. I NEED A SECOND. ALL RIGHT. I LOST MY PLACE. I'M SO SORRY. WE HAVE A SECOND. ANY FURTHER DISCUSSION ABOUT ANY OF THESE ITEMS? THAT BEING SAID, WITH NO FURTHER DISCUSSION, ALL IN FAVOR OF THE APPROVING THE CONSENT AGENDA, AYE. LET THAT UNANIMOUSLY PASS. ITEM NUMBER FIVE A DISCUSSION AND POSSIBLE ACTION ON THE [5. Regular agenda] [a. Discussion and possible action on Taxpayer Liaison Officer report] TAXPAYER. ON REPORT, THIS WILL BE. I'LL HAND THIS OVER TO MR. [00:05:04] TRAN. TONY TRAN: GOOD MORNING, EVERYBODY. NICOLE CONLEY: THANK YOU. GOOD MORNING. TONY TRAN: SO MY REPORT WILL INCLUDE ACTIVITY FROM JULY 1ST TO AUGUST 28TH, ESSENTIALLY TWO MONTHS, AS WE DIDN'T HAVE A BOARD MEETING LAST MONTH. SO TOTAL INQUIRIES YEAR TO DATE AS OF AUGUST 28, WE HAVE 717 INQUIRES. 200 OF THOSE WERE FIELDED BY ME IN JULY AND AUGUST. 83 WERE FIELDED BY OUR DEPUTY TO MISS ARNOLD. OUT OF MINE 200, 112 WERE INITIATED VIA EMAIL. 67 WERE INITIATED IN PERSON, AND 21 WERE IN BY PHONE. SO ESSENTIALLY, 34% OF MY INTERACTIONS STARTED VIA IN PERSON, AS ME BEING HERE IN THE LOBBY OR HERE IN THE OFFICE. AND MY GOAL IS TO TRY TO RESOLVE OR ANSWER THESE QUESTIONS AS AS QUICKLY AS POSSIBLE AS THEY COME IN. AS YOU KNOW, MY RESOLUTION DATE IS UNDER ONE DAY. SO ESSENTIALLY, TRYING TO GET ANSWER PROPERTY OWNERS AS SOON AS THOSE EMAILS OR THOSE CALLS OR THE WHEN THEY COME IN PERSON. SO THAT IS GOING TO BE MY FOCUS MOVING FORWARD AS WELL. SO IN JULY, WE HAD A TOTAL TOTAL OF 175 INTERACTIONS BETWEEN MYSELF AND THE DEPUTY TO. THAT IS AN INCREASE OF 58% FROM 2025. 2025, WE HAD 111 INTERACTIONS. AGAIN, 175, SO A 58% INCREASE IN JULY. IN AUGUST, WE HAD 108 INTERACTIONS, AND IN JULY AND AUGUST, 81 FROM THE PREVIOUS YEAR. SO, 33% INCREASE OVERALL, AND YEAR TO DATE, WE HAD AGAIN 717 INTERACTIONS LAST YEAR. YEAR TO DATE WAS 675, SO ABOUT A 6% INCREASE FROM THE PREVIOUS YEAR. OVERALL, THE INQUIRE TYPES INCLUDED FOR MY FOR MY PORTION 135 WERE JUST COMMON INQUIRES EDUCATION ASKING ABOUT THE PROCESS ESSENTIALLY, 51 WERE REGARDING LEVEL TWO COMPLAINTS, WHICH ESSENTIALLY WHERE PROPERTY OWNERS OR AGENTS MIGHT FEEL AS THOUGH THERE WAS SOMETHING INCORRECT DONE THROUGH THE PROCESS, AND AFTER REVIEW, IT WAS DETERMINED THAT THE PROCESS WAS CARRIED OUT CORRECTLY. 14 OF THOSE THAT I FIELDED IN JULY AND AUGUST WERE LEVEL THREE, WHERE THERE WAS AN ERROR MADE BY EITHER A DEPARTMENT IN TCAD, AND WE WERE ABLE, OR THE ARB, WERE ABLE TO REVIEW IT AND GO TO THE TO THOSE DEPARTMENTS AND RECTIFY THOSE IN A TIMELY MANNER, AS TIMELY AS POSSIBLE FOR THE PROPERTY OWNERS OR AGENTS. AGAIN, MENTIONING THE THE ZIP CODES BY INQUIRY, SO THAT HASN'T BEEN MUCH CHANGE IN THAT. BUT THERE WAS SOME CONCENTRATIONS IN JULY AND AUGUST THAT I FILLED IT, PFARGERVILLE MANOR AND LEANERS. THE REASON WHY I BELIEVE THAT IT WAS IS BECAUSE THOSE AREAS PROPERTY OWNERS WERE DOING THE PROTESTS THEMSELVES. AGENTS GENERALLY DON'T HAVE THOSE SAME QUESTIONS. SO WHEN THEY WERE COMING OUT THE ARB HEARINGS, THEY WOULD COME OVER AND ASK QUESTIONS ABOUT THEIR HEARINGS AND WHAT WHAT OPPORTUNITIES THEY HAD IF THEY DISAGREED WITH THE OPINION OF THE ARB AND WHAT OPTIONS THEY HAD TO APPEAL THAT DECISION. OKAY, AND THEN I'M GOING TO CLOSE OUT BY JUST GOING OVER THE DEPUTY TO OVERALL ACTIVITY, WHICH IS GOING TO BE AGAIN. SHE FILLED IT. MISS ARNOLD FIELDED 83 INQUIRES IN ALL IN JULY AND AUGUST. 78% OF THAT. 78 OF THAT WAS IN PERSON. FIVE WAS ON ON THE PHONE. SO ESSENTIALLY, ALL HER INTERACTIONS, 94% WERE IN PERSON, AND A MAJORITY OF HER ACTIVITY WAS BASED ON LANGUAGE ASSIST, WHICH SHE ESSENTIALLY IS HER PRIMARY ROLE, ESPECIALLY DURING THE PROTEST SEASON. SO, OF THAT, AGAINST ABOUT 71% OF HER ACTIVITIES WERE LANGUAGE ASSIST OVERALL. BUT THAT DOES CONCLUDE MY PRESENTATION, AND OPEN TO ANY QUESTIONS THAT ANYBODY MAY HAVE. NICOLE CONLEY: YES, MR. LAVINE. TONY TRAN: YES, SIR. DICK LAVINE: OF INQUIRIES AND THE YEAR-TO-YEAR CHANGE, IT LOOKS LIKE THE LAST TWO MONTHS ARE UP BY 58% 58% AND 33% CAN YOU GUESS WHY THAT'S HAPPENING? TONY TRAN: A LOT OF OUR INQUIRIES AND ACTIVITIES WERE IN PERSON, SO MAYBE BECAUSE WE WERE MORE ACCESSIBLE IN THE LOBBY AS THEY WERE COMING OUT OF THEIR HEARINGS, YOU KNOW, THEY THEY HAD A QUESTION AND THEY WERE REFERRED BY EITHER THE APPRAISER OR THE ARB, AND SO JUST BEING ACCESSIBLE MAY BE A REASON WHY THAT THAT ACTIVITY VALUE WENT UP, DICK LAVINE: AND PEOPLE ARE ABLE TO IDENTIFY WHO YOU ARE, OR YOU'RE POINTED OUT. TONY TRAN: YEAH. SO THEY'LL THEY'LL THEY'LL GENERALLY THE ARB WOULD RECOMMEND IF THEY HAVE FURTHER QUESTIONS AFTER THE HEARING. OBVIOUSLY, DUE TO YOU KNOW THEY CAN'T COMMUNICATE AFTER THE HEARING HAS CLOSED, THEY'LL REFER THEM OVER TO MYSELF OR MISS ARNOLD THEN WE'LL YEAH THEY'LL WALK MOVE TO OUR [00:10:02] OFFICE, OR WE'LL WALK OVER THERE AND WALK BACK TO OUR OFFICE. THANK YOU. YES, SIR. DICK LAVINE: THANK YOU. TONY TRAN: YES, SIR. NICOLE CONLEY: ANY ADDITIONAL QUESTIONS FOR MR. TRAN? AARON MORENO: YES, I GOT ONE. WOULD YOU SAY THAT NORTHEASTERN REGION WOULD BENEFIT FROM MORE OUTREACH, MAYBE INFORMATION SESSIONS ON THE PROCESS AND HOW IT WORKS. TONY TRAN: I THINK YEAH, BECAUSE I STEP. I WAS BUILDING MORE QUESTIONS FROM PROPERTY OWNERS AND JUST EDUCATING THEM. YEAH, DEFINITELY MORE OUTREACH PROGRAMS BECAUSE WE DO FOCUS A LOT ON THE EAST PART, LIKE DEL VALLE AREA AND THINGS LIKE THAT. BUT YEAH, SOME SOME ADDITIONAL YEAH OUTREACH PROGRAMS WOULD PROBABLY BE BENEFICIAL IN THOSE AREAS AS WELL. AARON MORENO: GOT YOU. APPRECIATE. LEANA MANN: AND I KNOW YOU REPRESENT AN AREA OUT THERE, SO IF YOU HAVE ANY COMMUNITY CONNECTIONS THAT WE COULD PARTNER WITH, A LOT OF OUR OUTREACH EVENTS WE NEED A PARTNER TO HELP US. WE JUST DON'T HAVE THE MANPOWER TO STAFF AND AND DO THE WHOLE EVENT OURSELVES. OKAY, YOU CAN HELP US WITH THAT. I DO. AARON MORENO: ALREADY SOUNDS GOOD. SHENGHAO WANG: YEAH, LAST QUESTION FOR ME, ONE AND ONLY. ARE THERE, BASED ON YOUR EXPERIENCE THIS YEAR, ARE THERE ANY RECOMMENDATIONS OR THOUGHTS YOU HAVE ABOUT YOU KNOW IMPROVING PROCESSES GOING FORWARD? TONY TRAN: THAT'S THAT'S SOMETHING THAT MISS ARNOR AND I DO DISCUSS ON A DAILY BASIS AS WE'RE INTERACTING WITH PROPERTY OWNERS, AT THIS TIME WE'RE WE'RE STILL TRYING TO FORMULATE SOME IDEAS, AND IF SOMETHING DOES COME TO FRUITION, THAT WE'LL DEFINITELY PRESENT THAT AND YOU KNOW, AND POTENTIALLY OFFER THAT AS A OPTION FOR PROPERTY OWNERS, AGREED BY THE BOARD AND OF COURSE BY THE DISTRICT. SHENGHAO WANG: GREAT, THANK YOU. NICOLE CONLEY: THANK YOU, MR. TRAN. OUR NEXT ITEM WILL MOVE INTO ITEM 5B, AND I JUST WANT TO MAKE SURE THAT THE FIRST AND SECONDS ON THOSE LAST ACTION ITEMS GOT RECORDED. IT WAS WANG AND MORENO WAS THE SECOND, AND THEN THE FIRST WAS ALFONT AND WANG. CORRECT? IS THAT CORRECT? OKAY, AWESOME. THANK YOU. SORRY, I WAS MOVING SO QUICKLY. I NEEDED TO WRITE THE NAMES IN THE SPOT. SO, ITEM 5B ACTION ON THE APPRAISAL REVIEW BOARD CHAIRPERSON'S REPORT. WE'LL HEAR FROM MS. MEG BROOKS. [b. Discussion and possible action on Appraisal Review Board chairperson's report] MEG BROOKS: GOOD MORNING. GOOD MORNING, NICOLE CONLEY: MISS BROOKS. MEG BROOKS: I THINK WE WE SURVIVED THE HEARING SEASON, SO THAT WAS THAT WAS GOOD, AND WE STILL HAVE, I GUESS, REALLY 29 OF OUR 31 MEMBER CLASS. SO I'M PRETTY HAPPY ABOUT THAT. THAT THEY MADE IT THROUGH THE SEASON. WE UNFORTUNATELY HAD ONE MEMBER WHO GOT SICK AND ONE MEMBER WHO WENT AND FOUND A FULL-TIME JOB, SO LOSING TWO IS PRETTY GOOD. THAT WE USUALLY LOSE MORE MORE PEOPLE THAN THAT. SO WE'RE ANXIOUS TO GET STARTED HELPING MR. TRAN WITH RECRUITING FOR NEXT YEAR, AND HAVE WE TALKED TO OUR MEMBERS ABOUT RECRUITING THEIR FRIENDS BECAUSE THAT'S USUALLY THE BEST PLACE WE GET PEOPLE FROM, AND YEAH, THAT'S ABOUT IT. I I WAS HAPPY TO LOOK AT MR. TRAN'S REPORT, AND MOST OF THE COMPLAINTS AND THINGS THAT WERE ON HIS REPORT WERE THINGS THAT I HAD KNOWN ABOUT. THAT EITHER HE'D COME TO ME, OR THERE WERE PROBLEMS THAT WE HAD SOLVED TOGETHER, AND THERE WAS NOTHING STRANGE OR DIFFERENT ABOUT IT. SO I WAS GLAD TO SEE THAT. BUT YEAH, SO THAT'S REALLY ALL I'VE GOT. NICOLE CONLEY: YES, MR. LAVINE, DICK LAVINE: TWO TWO QUESTIONS. THE FIRST IS, IF WE'RE AIMING FOR 125, WE SHOULD LOOK TO GET 40 MORE. IS THAT YOU DIDN'T SAY THAT SPECIFICALLY? MEG BROOKS: AIMING FOR 40 IS ALWAYS GOOD. IF WE GOT 40 APPLICATIONS, YOU KNOW, I THINK IN THE PAST WE FOUND THAT A CERTAIN NUMBER OF THOSE ARE NOT ACTUALLY QUALIFIED EITHER. THEY DON'T LIVE IN THE COUNTY, OR SOME OTHER REASON. SO, IF WE AIMED FOR 40 NEW APPLICATIONS, THAT'D BE AMAZING, BECAUSE PROBABLY WE WOULD END UP GETTING BETWEEN 25 AND 30 OUT OF THAT. SO, DICK LAVINE: AND THE OTHER THING IS WHEN YOU'RE TALKING ABOUT HOW FEW LIMITED BINDING ARBITRATIONS ARE FILED, AND YOU SAY YOU THINK IT'S BECAUSE OF YOUR ADHERENCE TO PROCEDURES AND TRAINING, WHICH I'M SURE IS TRUE, BUT WHEN WHEN PEOPLE GO TO ARBITRATION, I THOUGHT IT WAS JUST BECAUSE THEY WERE PROTESTING THEIR VALUE. TWO DIFFERENT THINGS. NOT SOME KIND OF PROCEDURAL ISSUE. THE MEG BROOKS: LIMITED BINDING ARBITRATION IS ABOUT PROCEDURE. SO THAT'S THE THAT'S THE ACTION YOU HAVE TO FILE WITHIN FOUR DAYS OF YOUR HEARING, AND THEN YOU FILE A YOU GIVE US A CHANCE TO DECIDE WHETHER TO GIVE YOU A REHEARING OR NOT, THEN IF WE DECIDE NOT TO GIVE YOU A REHEARING, IT GOES TO THE COMP. YOU FILE WITH THE COMPTROLLER'S OFFICE, AND THEN AN ARBITRATOR IS SET. SO A LOT OF COUNTIES ARE GETTING HIT WITH, YOU KNOW, 20 AND 30 LBAS, AND WE'VE GOT SIX FROM ONE PERSON. WE HAD SOME OTHER FILINGS. THERE WERE PEOPLE WHO FILED INTENT TO FILE AN LBA WHO DIDN'T FILE. SO, AND THE ARBITRATIONS ARE A DIFFERENT [00:15:02] CATEGORY THAT WE DON'T DEAL WITH. THE DICK LAVINE: OTHERS ARE MARKET VALUE. USUALLY, YEAH, THEY'RE ABOUT THE VALUE. THEY WANT A DIFFERENT ANSWER AS WELL AS TO GO MEG BROOKS: EXACTLY. AND THE LBAS CAN KIND OF BE THAT SOMETIMES, BUT THEY'RE SUPPOSED TO BE ABOUT PROCEDURAL ISSUES. DICK LAVINE: OKAY, THANKS. MEG BROOKS: YEAH, JETT HANNA: I JUST NOTED IN ANOTHER REPORT THAT OUR COST PER HEARING SEEMS TO HAVE DECREASED QUITE A BIT. I DON'T KNOW IF IF THAT'S SOMETHING YOU KEEP TRACK OF, BUT I I THINK YOU MUST HAVE SOME RESPONSIBILITY AT THE VERY LEAST. MEG BROOKS: I WISH I COULD TAKE RESPONSIBILITY FOR IT. IT'S PROBABLY SOMETHING THAT KIND OF JUST HAPPENS. HOPEFULLY, IT MEANS THAT WE WERE EFFICIENT AND PEOPLE WERE MAKING DECISIONS. IT ALWAYS FEELS LIKE EVERYTHING'S GOING CRAZY SLOW DURING THE SEASON. SO, I DON'T REALLY HAVE. I HAVE NOT BEEN KEEPING TRACK OF IT OR HADN'T LOOKED AT IT FOR THIS YEAR YET. WE'RE ALWAYS TRYING TO KEEP THAT DOWN, BUT I CAN'T. I CAN'T REALLY NAME ANYTHING IN PARTICULAR WE DID THIS YEAR? SO MUCH OF LEANA MANN: THAT IS DEPENDENT ON SCHEDULING, AND THIS YEAR WE OUR TEAM REALLY DID FOCUS ON THE MOST EFFICIENT SCHEDULING AND MAKING SURE THAT WE COULD TRY AND BACKFILL IF THINGS SETTLED THROUGH THE PROCESS. AND I THINK THAT ENDED UP HELPING THEM QUITE A BIT. THEY DID MORE HEARINGS TOO. THEY DID 34,000 HEARINGS, AND WE WERE AROUND 20. I DON'T WANT TO QUOTE A NUMBER, BUT IN THE 20,000 RANGE LAST YEAR. MEG BROOKS: AND I WOULD AGREE WITH THAT. I THINK THE SCHEDULING WAS VERY GOOD THIS YEAR IN TERMS OF EFFICIENCY. SO YEAH. JETT HANNA: AND JUST TO NOTE FOR THE RECORD, THAT'S WHEN WE INCREASE THE THE PAY AS WELL. SO I'M JUST REALLY HEARTENED TO SEE THAT RESULT. MEG BROOKS: AND I DO THINK I DO THINK OUR OUR INCREASE IN PER DIEM MAY HAVE SOMETHING TO DO WITH PEOPLE STAYING AS WELL. SO I THINK IT'S PROBABLY NOT A BAD EFFECT. NICOLE CONLEY: MR. WANG. SHENGHAO WANG: SO I'D LIKE TO ASK: LOSING 11 SIX-YEAR MEMBERS EARLY, RIGHT? I MEAN, THEY WOULD HAVE TERMED OUT AT THE END OF THIS CALENDAR YEAR. WE MEG BROOKS: HAVEN'T LOST THEM YET. IN OTHER WORDS, SO THEY'RE LEAVING IT. ONE PERSON LEFT EARLY TO GO WORK ELECTIONS. SHENGHAO WANG: OKAY. MEG BROOKS: SO ONE PERSON, ONE OF OUR SIX-YEAR MEMBERS, DID RESIGN EARLY, BUT THE OTHER, ACTUALLY, THE OTHER NINE, WE HAD ONE PERSON DIE. THE OTHER NINE WILL BE WORKING UNTIL DECEMBER. SHENGHAO WANG: GOT IT. I WAS GOING TO ASK WHAT YOU WERE DOING TO PUSH THEM ALL OUT. YEAH, WE JUST DON'T. SO THAT'S JUST THE NATURAL KIND OF EXPIRATION OF THEIR TERMS. OKAY. AND HOW MANY? OKAY, AND SO SO THAT SO IN TOTAL, WE HAD 11/6 YEAR. THIS OKAY, AND DO YOU KNOW HOW MANY FIFTH YEAR WE CURRENTLY HAVE? MEG BROOKS: I WANT TO SAY LIKE LESS THAN 10. SHENGHAO WANG: OKAY, MEG BROOKS: 11. OKAY, 11. SO SHENGHAO WANG: WE'RE WE'RE PRETTY LIKE LOWER SENIORITY, KIND OF. IT'S IT'S MUCH HEAVIER TOWARDS A LOWER SENIORITY. AND MEG BROOKS: THAT'S ALWAYS YEAH, THAT'S ALWAYS THE WAY IT IS. PEOPLE, PEOPLE END UP DOING OTHER THINGS. EXACTLY, IT DOESN'T. YOU CAN'T SHENGHAO WANG: BECOME A SIXTH YEAR WITHOUT BEING A FIFTH YEAR FIRST. MEG BROOKS: RIGHT, BUT IT WAS THAT WAS A THAT WAS A BIG CLASS TO LOSE, AND THEY WERE ALSO A CLASS THAT WE'RE DOING A LOT OF THE EDUCATION THINGS AND STUFF. SO WE'RE GONNA NEXT YEAR WE'LL DEFINITELY BE REPLACING SOME IRREPLACEABLE PEOPLE. SHENGHAO WANG: IS THERE ANY? DO YOU THINK IT WOULD BE VALUABLE AND POSSIBLE OR PERMISSIBLE TO BRING SOME OF THEM BACK AS TRAINEE AS TRAINERS? OR MEG BROOKS: IT'S POSSIBLE. WE'VE ALSO GOT A LOT OF NEW TALENT. THIS CLASS WAS AMAZING IN TERMS OF THEIR EXPERIENCE AND THE THINGS, THE PROFESSIONS THEY CAME FROM. WE'VE GOT A COUPLE OF PEOPLE THAT ARE PARTICULARLY EFFICIENT WITH COMMERCIAL CONSTRUCTION AND THINGS LIKE THAT, AND SO I THINK WE'RE GOING TO TRY TO WORK ON WORKING THEM INTO THE TRAINING AS WELL. AND YEAH. ALL SHENGHAO WANG: RIGHT, THAT'S IT FOR ME. NICOLE CONLEY: THANK YOU, MISS BROOKS. AND AND WHILE YOU DIDN'T WANT TO TAKE CREDIT, YOU SHOULD TAKE CREDIT FOR THOSE EFFICIENCIES. ANYTIME WE CAN COME IN AND DO MORE WORK WITH LESS, IT'S ALWAYS A ONE TO NOTE, AND CERTAINLY SOMETHING THAT YOU SHOULD BE FAIRLY PROUD OF, OR CERTAIN THAT YOUR EFFICIENCY IS SORT OF HELPING MOVE THE DISTRICT ALONG AS WELL AS OUR CUSTOMERS. AND SO YOU SHOULD TAKE A LITTLE BIT OF CREDIT. MEG BROOKS: I WILL THANK YOU. NICOLE CONLEY: THANKS, MISS BROOKS. NOW, WHAT WE'VE ALL BEEN [c. Discussion on Reappraisal Plan Committee report regarding the 2027-2028 proposed Reappraisal Plan and the work of the committee] WAITING FOR, ITEM 5C. I'LL TURN THE REAPPRAISAL. THIS IS WILL BE DIRECTED BY OUR REAPPRAISAL PLAN COMMITTEE REPORT, GIVEN BY OUR OWN MR. ELFANT. MR. ELFANT BRUCE ELFANT: WELL, THANK YOU. GOOD AFTERNOON TO EVERYBODY. WE HAD A REALLY GOOD MEETING WITH STAFF. THE PRESENTATION WAS INCREDIBLE, AND THE DISCUSSION WAS REALLY VALUABLE. I'M SORRY, DEBBIE IS NOT NOT WITH US TODAY TO CHIME IN. IT'S SOMETHING THAT I WISH THE WHOLE BOARD WOULD. HAVE HAD THE OPPORTUNITY TO HAVE [00:20:01] SAT IN ON, AND MAYBE IN THE FUTURE, BOARD MEMBERS OUGHT TO BE INVITED TO DIFFERENT SUBCOMMITTEE MEETINGS, EVEN IF THEY'RE NOT ON THE THE PARTICULAR SUBCOMMITTEES. WE HAD A VERY GOOD PRESENTATION. THERE WERE SIX POINTS. IT'S FOR THE LEANA MANN: I'M SORRY. JUST WANTED TO ADD THAT THE FULL BOARD WILL GET THAT PRESENTATION TODAY BECAUSE Y'ALL HAD GREAT FEEDBACK, SO THEY'LL BE DOING THE SAME PRESENTATION AGAIN FOR THE BRUCE ELFANT: SO I DON'T NEED TO DO THIS. OKAY, I HAD A WONDERFUL PRESENTATION PREPARED, SO I WILL WRAP IT UP WITH THANKING THE STAFF FOR ALL THEIR THEIR REALLY GOOD WORK ON THIS, AND WITH THAT, I'LL PASS. AARON MORENO: I WILL ECHO THAT. ACTUALLY, I THINK THAT WAS AS A NEW MEMBER, YOU KNOW, TO HEAR FROM YOU GUYS, YOUR EXPERTISE, RIGHT, WAS AWESOME. I'M GLAD YOU WERE HERE TO SHARE IT WITH EVERYBODY ELSE. BUT, YOU KNOW, IT REALLY GAVE ME AN OVERVIEW, RIGHT, OF EXACTLY WHAT IT IS THAT YOU GUYS DO, AND APPRECIATE ALL THAT HARD WORK. AND EVERYBODY ELSE WILL BE ABLE TO SEE THAT. NICOLE CONLEY: THANK YOU, MISS MORENO, WHICH LEADS US RIGHT INTO THIS NEXT DISCUSSION: THE PRESENTATION BY MISS MANN FOR [d. Discussion and possible action on the adoption of the 2027-2028 Reappraisal Plan] ITEM 5D. LEANA MANN: THANK YOU. LIKE MR. ALPHONSE SAID, WE HAD A GREAT REAPPRAISAL PLAN COMMITTEE MEETING. THE STAFF PUT IN A LOT OF WORK TO THIS PLAN. OUR FOCUS THIS YEAR WAS REALLY, YOU KNOW, WE'VE ALWAYS HAD THAT REAPPRAISAL PLAN, BUT WE WANTED TO MAKE SURE THAT THE WAY IT WAS CONVEYED TO THE PROPERTY OWNER WAS CLEAR, THAT IT WAS VERY DESCRIPTIVE IN ALL THE TASKS THAT WE'RE DOING. SO THEY PUT IN A LOT OF WORK. I THINK EACH ONE OF THEM, Y'ALL GET THE GREAT OPPORTUNITY OF HEARING THEIR PRESENTATION AGAIN, AND SO JUST QUICKLY, WE'LL DO SOME INTRODUCTIONS. MIKE MILLS, HE IS OUR DEPUTY CHIEF OF APPRAISAL. HE HOLDS MANY DESIGNATIONS THROUGH IWA. HE JOINED US. OH GOSH, I DIDN'T BRING MY SCRIPT DOWN, BUT 344, YEARS AGO, THANK YOU FROM SEATTLE. VAST APPRAISAL KNOWLEDGE, PROBABLY ONE OF THE BEST THAT I'VE EVER MET IN THE INDUSTRY WITH HIS APPRAISAL METHODOLOGY. RUSSELL LEDBETTER IS OUR DEPUTY CHIEF OF OPERATIONS. HE ALSO HOLDS MULTIPLE DESIGNATIONS FROM IWAO. HE SERVED AS OUR RESIDENTIAL DIRECTOR FOR MANY YEARS, AND NOW IS HEADING UP OUR OPERATIONS OF THE DISTRICT. JOSHUA MALDONADO CAME FROM HARRISCAD. HE JOINED US LAST YEAR, AND HE IS HEADING UP OUR COMMERCIAL AND BPP APPRAISAL TEAMS. DANIEL MAZZIOTTI IS HIS ASSISTANT DIRECTOR FOR THE COMMERCIAL AND BPP TEAMS, AND THEN OUR RESIDENTIAL TEAM IS COMPRISED OF ZACH DYE, WHO'S BEEN WITH US. HE STARTED IN OUR GIS DEPARTMENT RIGHT OUT OF COLLEGE AND HAS WORKED THROUGH THE RESIDENTIAL DEPARTMENT. WE HAVE JASMINE GONZALEZ, WHO IS HIS ASSISTANT DIRECTOR, AND THEN NICHOLAS FRITZ, WHO IS HEADING UP OUR LAND DEPARTMENT. AND SO THEY EACH HAVE A PORTION OF THE PRESENTATION THAT THEY'LL DIVE INTO THE DETAILS FOR THEIR DEPARTMENT. WITH THAT, I WILL TURN IT OVER TO RUSSELL. RUSSELL LEDBETTER: THANK YOU AGAIN. MY NAME IS RUSSELL LEDBETTER. HAPPY TO BE WITH ALL OF YOU THIS MORNING. I AM GOING TO TALK A LITTLE BIT ABOUT WHY WE HAVE A REAPPRAISAL PLAN. THE PLAN IS CERTAINLY NOT A DISCRETIONARY DOCUMENT. WE CAN'T PICK AND CHOOSE WHICH PARTS WE WANT TO FOLLOW, WHICH PARTS WE WANT TO IGNORE. STATE LAW REQUIRES IT, PRESCRIBES WHAT IT CONTAINS, AND MAKES THE DISTRICT ACCOUNTABLE FOR FOLLOWING IT. SO, WHAT DOES THE LAW REQUIRE? 6.05I OF THE TEXAS PROPERTY TAX CODE READS THAT THE APPRAISAL DISTRICT BOARD MUST DEVELOP A WRITTEN PLAN FOR THE PERIODIC REAPPRAISAL OF ALL PROPERTY AND MUST DO SO EVERY TWO YEARS. 2518A READS THAT THE DISTRICT MUST IMPLEMENT THE PLAN THE BOARD APPROVES. SO IT IS A COMMITMENT; IT'S NOT A PROPOSAL. 2518B READS THAT THE PLAN MUST PROVIDE FOR SEVEN SPECIFIC REAPPRAISAL ACTIVITIES FOR ALL PROPERTY AT LEAST ONCE EVERY THREE YEARS, AND WE'RE GOING TO TALK MORE DETAIL ABOUT THOSE REAPPRAISAL ACTIVITIES HERE IN A MOMENT. SO, WHAT THE PLAN DOES AGAIN, LIKE I MENTIONED, IT'S A COMMITMENT. PUTS INTO WRITING WHICH PROPERTIES WILL BE REAPPRAISED AND REINSPECTED IN WHICH YEAR AND BY WHAT METHOD. IT INFORMS. IT'S DELIVERED TO ALL 238 TAXING UNITS AND THE COMPTROLLER, SO THEY CAN PLAN AGAINST KNOWN DISTRICT ACTIVITY, AND IT MEASURES ACCOUNTS TARGETED UNDER THE PLAN BECOME PUBLIC AFTER MAY 1ST, SO PERFORMANCE CAN BE CHECKED AGAINST THE COMMITMENT. AND AGAIN, THE COMPTROLLER'S METHODS AND ASSISTANCE PROGRAM REVIEWS WHETHER THE DISTRICT ACTUALLY FOLLOWS THE PLAN THAT IS ADOPTED. SO THE DISTRICT BY THE NUMBERS, WE CURRENTLY HAVE 494,352 PARCELS IN OUR COUNTY. THAT'S 457.3. BILLION IN TOTAL TAXABLE VALUE, 30 326 POINT 9 [00:25:05] BILLION, WHICH IS TAXABLE. WE SERVE 238 TAXING UNITS, AND THE PROJECTED GROWTH OVER THE NEXT TWO YEARS IS 11,135 PROPERTIES. SO, A GROWING APPRAISAL ROLL. SO, THE DISTRICT HAS ADDED BETWEEN 5000 107,700 ACCOUNTS EVERY YEAR SINCE 2022. SO, PROJECTIONS PUT THE ROLL ABOVE HALF THE MILLION FOR THE FIRST TIME EVER IN 2028. SO THE GROWTH HAS BEEN VERY STEADY. IT'S BEEN VERY PREDICTABLE, AS YOU CAN SEE IN BLACK, WHICH WHICH IS ABOUT A 1.1 TO 1.3 PERCENT ANNUAL GROWTH. SO WE'RE PROJECTED TO BE AT AROUND 505,000 PROPERTIES IN 2028, AND THIS REAPPRAISAL PLAN'S WORKLOAD IS SCOPED TO THAT GROWTH. SO THE BOARD'S STATUTORY DUTY, THE BOARD OF DIRECTORS, NOT THE CHIEF APPRAISER, DEVELOPS AND APPROVES THIS PLAN. AND EACH STEP BELOW IS PRESCRIBED BY SECTION 6.05 I OF THE TEXAS PROPERTY TAX CODE. SO STEP ONE IS TO DEVELOP A WRITTEN PLAN FOR PERIODIC REAPPRAISAL OF ALL PROPERTY DEVELOPED BIENNIALLY UNDER SECTION 2518. THAT'S STEP ONE. SO STEP TWO, WHICH WE'RE IN NOW, IS A NOTICE AND HEARING, A WRITTEN PLAN TO EACH TAXING UNIT AT LEAST 10 DAYS PRIOR, FOLLOWED BY A PUBLIC HEARING ON THE PROPOSED PLAN, AND STEP THREE IS TO APPROVE THE REAPPRAISAL PLAN. ANY AMENDMENTS MADE NEED TO BE COMPLETED, AND THE PLAN APPROVED BY RESOLUTION NO LATER THAN SEPTEMBER 15. AND THEN, LASTLY, STEP FOUR IS TO DISTRIBUTE THE PLAN. COPIES ARE DELIVERED TO EACH TAXING UNIT AND TO THE COMPTROLLER WITHIN 60 DAYS OF APPROVAL. A BOARD POLICY: THE CHAIRPERSON APPOINTS AN ADVISORY COMMITTEE AT THE FIRST REGULAR BOARD MEETING OF EACH EVEN-NUMBERED YEAR, MEETING AT THE CHAIRPERSON'S CALL TO ASSIST THE CHIEF APPRAISER IN PREPARING THE PLAN. MR. ELFONT BROUGHT IT UP EARLIER. WE MET WITH THAT COMMITTEE ON AUGUST 6, AND GOT THEIR INPUT. AND ONCE THE PLAN IS ADOPTED, THE PLAN MAY BE AMENDED ONLY ON THE CHIEF APPRAISER'S PROPERLY AGENDIZED REQUEST AND BOARD ACTION. SO ITEMS SUCH AS CALENDAR OF KEY EVENTS CAN BE ADJUSTED ADMINISTRATIVELY. NICOLE CONLEY: MR. LEDBETTER, THIS COVERS BOTH 2728, AND 28 AND 29 YEARS, CORRECT? RUSSELL LEDBETTER: 27 AND 28, CORRECT NICOLE CONLEY: SO, OKAY, THANK YOU. RUSSELL LEDBETTER: YES, MA'AM. SO, IF I DON'T HAVE ANY OTHER QUESTIONS FROM YOU, THAT'S MY LAST SLIDE. I'M GOING TO TURN IT OVER TO MR. MIKE MILLS, AND HE IS GOING TO GO OVER MORE DETAIL ABOUT THE REAPPRAISAL ACTIVITIES. SHENGHAO WANG: CAN I HAVE ONE QUESTION? OH, SURE. CAN YOU GO BACK TWO SLIDES? YEAH. SORRY. NO. THE YEAH. SO THE 1.1 TO 1.3 PERCENT GROWTH. THAT'S PARCELS BEING SUBDIVIDED, OR YOU KNOW, IF SOMEONE PUTS UP A CONDO, AND THEN EACH OF THEM IS IS A NEW ACCOUNT. RUSSELL LEDBETTER: NEW ACCOUNTS, YES, SIR. SHENGHAO WANG: OKAY, AND AND HOW DOES THIS COMPARE HISTORICALLY TO SAY THE THE PREVIOUS DECADE? ARE WE EXPERIENCING FASTER GROWTH, OR WE KIND OF ON THE SAME TRAJECTORY? LEANA MANN: IT'S ABOUT THE SAME. WE HAD 17% GROWTH FROM 2016 TO 2026 IN PARCEL COUNT. SHENGHAO WANG: OKAY, SO DIVIDE THAT OUT BY YOUR MORAL. ROUGHLY THE LEANA MANN: SAME. I'LL GIVE MY MY SPIEL ON PARCEL COUNT. NOT ALL APPRAISAL DISTRICTS SET UP ACCOUNTS THE SAME WAY. SO PARCEL COUNT IS OFTEN NOT A GOOD REFLECTION OF THE VOLUME OF WORK THAT'S BEING DONE. ONE EXAMPLE I ALWAYS USE IS ECONOMIC UNITS. WE HAVE ONE ACCOUNT FOR AN ECONOMIC UNIT, AND THEN DIFFERENT DETAIL LINES FOR EACH PART OF THAT GROUP, THAT UNIT, WHERE OTHER CADS MAY HAVE AN INDIVIDUAL ACCOUNT FOR EACH PART OF THAT ECONOMIC UNIT. SO, THE PARCEL SETUP IS VERY DIFFERENT SHENGHAO WANG: CAD TO CAD. YEAH, AN ECONOMIC UNIT BEING LIKE LEANA MANN: A BUILDING THAT MAY HAVE RETAIL ON THE BOTTOM AND APARTMENTS ON THE TOP, MIXED-USE DEVELOPMENT, SOMETHING THAT IF IT WAS TO SELL, IT WOULD SELL AS A UNIT. OKAY, SHENGHAO WANG: THANK YOU. NICOLE CONLEY: AND THAT'S PRIMARILY DRIVEN BY LAW, RIGHT? THAT CONFINES HOW YOU ESTABLISH ACCOUNTS, OR NO? IT'S JUST UNDEFINED BY LAW, WHICH IS WHY WE HAVE DIFFERENCES IN APPROACHES. IT IS VASTLY UNDEFINED. RUSSELL LEDBETTER: THANK YOU, EVERYBODY. NICOLE CONLEY: THANK YOU, SIR. MICHAEL MILLS: GOOD MORNING. MY NAME IS MICHAEL MILLS. I'M GLAD [00:30:02] TO BE HERE WITH YOU TODAY, AND ESPECIALLY WANT TO THANK THE COMMITTEE FOR ALL THEIR HARD WORK ON THIS. WE'RE GOING TO TALK A LITTLE BIT MORE ABOUT WHAT THE PLAN ITSELF CONTAINS. SO, WE HAVE THE SEVEN POINTS THAT THE PROPERTY TAX CODE SPELLS OUT MUST BE INCORPORATED IN OUR PLAN, I'LL GO THROUGH THEM QUICKLY. WE HAVE TO IDENTIFY PROPERTIES, AND WE'VE DONE THAT HISTORICALLY. AND AS NEW ONES COME ON, WE ADD THEM TO OUR OUR ROSTER. WE IDENTIFY AND UPDATE ANY RELEVANT CHARACTERISTICS WHEN THINGS CHANGE. WE WANT TO MAKE SURE WE'RE KEEPING UP WITH THAT. WE'RE GOING TO DEFINE MARKET AREAS WITHIN THE DISTRICT SO THAT OUR MASS APPRAISAL MODELS CAN BE APPROPRIATELY APPLIED, AND SO PART OF THAT IS AS WELL IDENTIFYING WHAT CHARACTERISTICS ARE AFFECTING VALUE. THAT CAN CHANGE FROM MARKET TO MARKET, AND SO AN ANALYSIS HELPS US WITH THAT. WE DEVELOP AN APPRAISAL MODEL, AND THAT APPRAISAL MODEL HELPS US TO DEFINE THE RELATIONSHIPS BETWEEN PROPERTIES SO THAT WE CAN APPROPRIATELY APPLY VALUE, AND AFTER THAT WE APPLY THE MODEL TO THE POPULATION OF PROPERTIES, AND THEN WE DO A REVIEW. THAT REVIEW INVOLVES STATISTICAL ANALYSIS RATIO STUDIES THAT HELP US TO TO DETERMINE IF OUR LEVEL OF APPRAISAL IS CORRECT, AND IF WE'RE TREATING PROPERTIES EQUALLY OR DISPARATELY, THEN WE CAN MAKE A CHANGE. SO THAT'S WHAT THE PROPERTY TAX CODE SAYS WE HAVE TO DO. THE CODE SPELLS OUT THAT THIS SHOULD HAPPEN EVERY THREE YEARS. WE ACTUALLY DO OUR APPRAISAL EVERY YEAR, AND SO WE'RE WELL AHEAD OF WHAT THE PROPERTY TAX CODE WOULD TELL US WE NEED TO DO IN TERMS OF APPRAISAL, SO EVERY YEAR WE APPRAISE ALL PROPERTIES, APPLYING THE NEW MASS APPRAISAL MODEL. SHENGHAO WANG: AND DO YOU KNOW IF HOW HOW THE OTHER LARGE URBAN COUNTIES DO THEY DO THIS EVERY YEAR, OR WHAT'S THE KIND OF PATTERN? YOU KNOW, HARRIS, DALLAS, FORT WORTH, YOU KNOW, YOU KNOW, TARRANT, YOU KNOW, BAYER COUNTIES. LEANA MANN: I DON'T WANT TO SPEAK FOR ANY APPRAISAL, ANY OTHER APPRAISAL DISTRICT, BUT I'M NOT. I WOULD ASSUME MOST OF THE METROS HAVE THE SAME APPROACH BECAUSE YOU HAVE TO APPRAISE AT 100% OF MARKET VALUE EVERY YEAR. SO IF YOU'RE NOT DOING THAT, HOW DO YOU MEET THAT REQUIREMENT? SHENGHAO WANG: OKAY, SO THERE'S JUST SOME MISMATCH IN THE PROPERTY TAX CODE NICOLE CONLEY: OUTSIDE OF TARRANT COUNTY, RIGHT? DIDN'T TARRANT COUNTY TRY? WE HAD QUITE. LEANA MANN: WE HAD TARRANT COUNTY. JOHNSON COUNTY DID A SIMILAR SITUATION. SO, YES. NICOLE CONLEY: SOME ONE-OFFS AND AND AND THOSE WERE THERE WAS A LOT OF DIFFICULTY IN SORT OF MAKING THOSE CHANGES. AND I THINK THAT THERE'S BEEN SOME SHIFTING AS A RESULT OF SOME OF THOSE PROPOSALS THAT CAME ABOUT, LEANA MANN: AND AND ULTIMATELY THEIR SCHOOL FUNDING COULD BE AFFECTED THROUGH THIS PROPERTY VALUE STUDY. NICOLE CONLEY: ABSOLUTELY, THANK YOU. MICHAEL MILLS: YEAH, FREQUENCY IS THE HOT TOPIC RIGHT NOW. SO, MR. LEDBETTER MENTIONED THE FACT THAT THE PROPERTY TAX CODE SPELLS OUT WHAT SHOULD BE IN OUR PLAN, AND WE JUST WENT OVER THOSE SEVEN STEPS. WE WANT TO SHOW YOU SOME ADDITIONAL THINGS THAT THE PLAN IS BASED ON. SO, BESIDES THE STATUTORY REQUIREMENTS THAT THE PROPERTY TAX CODE LAYS OUT, WE HAVE SOME OTHER THINGS. PRIMARILY, MUCH OF IT COMES FROM THE IAAO, THE INTERNATIONAL ASSOCIATION OF ASSESSING OFFICERS, THAT KIND OF GOVERNS THE WORK OF MASS APPRAISAL AROUND THE WORLD, AND SO THEIR MANUAL, THE PROPERTY APPRAISAL AND ASSESSMENT ADMINISTRATION, SPELLS OUT MUCH OF THE FRAMEWORK OF HOW THIS WORK SHOULD BE DONE, AND THEN THEY HAVE MULTIPLE STANDARDS THAT APPLY AS WELL. AND SO WE'VE MENTIONED TWO OF THEM HERE. THE STANDARD ON MASS APPRAISAL OF REAL PROPERTY WAS REVISED IN 2025. THAT GIVES US A LOT OF DIRECTION ABOUT HOW INSPECTIONS COULD BE HANDLED. WHAT WOULD BE REQUIRED IN ORDER TO DO WORK FROM A DESK OR FROM FROM A SIDEWALK, DEPENDING ON HOW WE CONDUCT OUR WORK. SO THAT STANDARD IS KEY. THE STANDARD ON RATIO STUDIES IS CURRENTLY BEING REVISED. WE'RE EXPECTING A NEW A NEW STANDARD HERE WITHIN THE NEXT COUPLE OF MONTHS. IT'S ALREADY BEEN EXPOSED, BUT THAT DEFINES RATIO STUDIES AND HOW WE DO THEM. WHAT MEASURES SAY THAT WE NEED TO TO CONTINUE TO WORK OR THAT WE'VE MET THE STANDARD? SO THAT'S MENTIONED AS WELL IN HERE. AND THEN THE UNIFORM STANDARD OF PROFESSIONAL APPRAISAL PRACTICE IS THE STANDARD THAT GOVERNS PRACTICE. IT DEFINES FOR ALL APPRAISERS HOW DO WE DO THE WORK. SO NOT ONLY SINGLE PROPERTY APPRAISERS THAT YOU WOULD HIRE TO DO WORK FOR YOUR MORTGAGE, BUT ALSO MASS APPRAISAL. AND SO WHERE ALL OF THESE STANDARDS AND MATERIALS TOUCH ON OUR WORK, WE'VE REFERENCED IT WITHIN THE PLAN, AND WE'VE MET THE REQUIREMENTS. SHENGHAO WANG: OKAY, I'M GOING TO PROBABLY BE THE ANNOYING GUY ASKING A LOT OF QUESTIONS. WHAT DOES IT MEAN THAT THE REVISION IS AN EXPOSURE? THAT MEANS THAT IT'S BEEN LIKE SHARED PUBLICLY AND FOR LIKE NOTICE AND COMMENT, OR MICHAEL MILLS: YES, THAT'S IT. SO THERE IS A COMMITTEE THAT DEFINES. THE NEW STANDARD, AND THAT'S BASED ON INPUT FROM [00:35:03] ACADEMICS AND PRACTITIONERS. ONCE THAT STANDARD IS DEVELOPED, IT GETS EXPOSED FOR PUBLIC COMMENT. THIS PARTICULAR STANDARD HAS GONE OUT TWICE FOR PUBLIC EXPOSURE. LAST MAY WAS THE LAST ONE, AND SO THE BOARD OF DIRECTORS IS COMING NEAR TO FINALIZING THAT STANDARD, WE'RE EXPECTING THAT OUT SOMETIME IN OCTOBER. AND IS THE USPAP PUT OUT BY THE IAAO, OR IS THAT WHAT'S THE RELATIONSHIP THERE? NO, COMPLETELY DIFFERENT. SO THE UNIFORM STANDARD OF PROFESSIONAL PRACTICE, YOU'LL OFTEN HEAR IT REFERRED TO AS USPAP, THAT IS PUT OUT BY THE APPRAISAL FOUNDATION, SO THAT'S THAT IS A SEPARATE ENTITY IN WASHINGTON D.C. THAT HANDLES THAT, AND THAT THAT CAME OUT OF MULTIPLE APPRAISAL PROBLEMS FROM THE PAST THAT CONGRESS SET UP THE APPRAISAL FOUNDATION, AND THE APPRAISAL FOUNDATION GOVERNS THE THE QUALIFICATIONS TO BE AN APPRAISER AND ALSO PUTS OUT THIS PRACTICE BOOK THAT'S ABOUT 400 PAGES OF DIRECTION AND GUIDANCE. SHENGHAO WANG: LIGHT READING, SO SO THAT ONE'S MORE DOMESTIC, AND THEN IAAO IS OBVIOUSLY INTERNATIONAL. MICHAEL MILLS: YES, SHENGHAO WANG: AND LEANA MANN: USPAP COVERS BOTH FEE AND MASS APPRAISAL. THERE'S DIFFERENT SECTIONS OF THE STANDARD FOR EACH ONE, BUT IWA IS MASS APPRAISAL. SHENGHAO WANG: SO OKAY, JETT HANNA: AND I TAKE IT THAT THESE ARE THE STANDARDS THAT THE COMPTROLLER EXPECTS TO SEE IN YOUR PROCESS. IS THAT ACCURATE? MICHAEL MILLS: YES, THE COMPTROLLER REFERS TO BOTH USPAP AND IAAO STANDARDS IN THEIR DOCUMENTATION TO US AS THEY INTERPRET THE CODE FOR OUR WORK. YEAH, AND SHENGHAO WANG: THEN THE MIDDLE ONE STANDARD ON MASS APPRAISAL OF REAL PROPERTY. SO THAT THAT STANDARD IS A SIX-YEAR CYCLE, BUT OBVIOUSLY STATE LAW HAS THAT ONE-YEAR, THREE-YEAR AMBIGUITY, AND SO WE ARE RUNNING WELL AHEAD OF THAT STANDARD. IS THAT CORRECT, STAY? MICHAEL MILLS: YEAH, ACTUALLY, THE NEXT SLIDE WILL CLARIFY SOME OF THAT. SO, IF I COULD HOLD THAT QUESTION FOR THE NEXT SLIDE, I THINK IT MIGHT BE CLEARER, AND THEN WE CAN DISCUSS IT FURTHER. OKAY, SO HERE'S THE RUB WITH THE PROPERTY TAX CODE. THE PROPERTY TAX CODE USES TWO TERMS. THEY USE THE TERM RE-INSPECTION AND THEY USE THE TERM REAPPRAISAL, AND IT CAN BECOME A LITTLE MUDDY SOMETIMES WHAT OUR OBLIGATIONS ARE. SO WE WANTED TO CLARIFY THAT IN THIS PLAN, AND THIS PLAN CLEARLY LAYS OUT THAT WE DO REAPPRAISAL EVERY YEAR. THAT MEANS THAT WE'RE GOING TO BUILD A MODEL, WE'RE GOING TO APPLY IT TO EVERY PROPERTY. THEY'RE GOING TO GET A NEW VALUE, AND THAT'S REAPPRAISAL. THAT IS WHAT THE APPRAISAL PLAN SPELLS OUT AS HAPPENING EVERY YEAR. PROPERTY TAX CODE SAYS EVERY THREE. WE DO IT EVERY YEAR. WE'VE CLARIFIED IN THIS PLAN THAT REAPPRAISAL IS NOT REINSPECTION. SO THERE'S MULTIPLE REASONS WHY WE MIGHT NEED TO REINSPECT A PROPERTY. WE MIGHT LOOK AT A PROPERTY JUST FOR THE EFFECT OF AGE TO MAKE SURE WHAT IS IT LOOKING LIKE TODAY. EVEN THOUGH WE LOOKED AT IT A FEW YEARS AGO, WE ALSO MIGHT HAVE TO LOOK AT IT BECAUSE IT'S SOLD OR BECAUSE SOMEBODY'S DOING WORK ON IT. SO THOSE ALL TRIGGER RE-INSPECTIONS, AND THOSE RE-INSPECTIONS, BY THE COMPTROLLER'S RULES, AND BY IWO'S SUGGESTION, SAY THAT EVERY PROPERTY SHOULD BE RE-INSPECTED EVERY SIX YEARS, SO IF IT SELLS OR THERE'S A PERMIT, OBVIOUSLY WE'RE GOING TO GET OUT AND LOOK AT IT. BUT IF NOTHING HAPPENS, WE DON'T WANT TO GO FOR A DECADE WITHOUT LOOKING AT A PROPERTY. SO EVERY SIX YEARS, EVERY PROPERTY GETS LOOKED AT, AND WE CALL THAT AN INSPECTION OR A RE-INSPECTION, AND THAT REALLY IS THE DIFFERENCE. SO APPRAISAL EVERY YEAR, BUT LOOKING AT EVERY PROPERTY AT LEAST EVERY SIX YEARS. SHENGHAO WANG: AND IS THAT SOLELY THROUGH IN PERSON, OR DO YOU USE DRONES, OR YOU KNOW SATELLITE IMAGERY, OR WHAT'S THE? IS THAT? MICHAEL MILLS: I ALMOST FEEL LIKE YOU PREVIEWED OUR PRESENTATION. I DIDN'T. EXCELLENT QUESTIONS, SO WE WILL GET TO THAT IN A MOMENT AS WELL. SO I WANT TO MAKE SURE I'VE ANSWERED THE QUESTION ABOUT REAPPRAISAL AND REINSPECTION. OKAY, WE'RE GOOD ON THAT. SO THE SIX-YEAR CYCLE SAYS THAT WE HAVE TO VERIFY THE RECORD. WE HAVE TO MAKE SURE THAT WE'VE GOT THINGS RIGHT AT LEAST ONCE EVERY SIX YEARS, AND THEN WE'RE GOING TO APPRAISE IT EVERY YEAR, AND IF WE'RE MAINTAINING THAT CYCLE, WE'RE KEEPING UP TO DATE ON WHAT'S HAPPENING IN THE NEIGHBORHOODS. OKAY, SO LET'S TALK ABOUT WHAT WE REINSPECT EVERY YEAR, AND THEN YOUR QUESTION IS GOING TO BE PRIMARILY ANSWERED BY MISS GONZALEZ AFTER ME. YOUR LAST QUESTION, THAT IS. SO THERE'S THINGS THAT TRIGGER US TO [00:40:03] INSPECT A PROPERTY. IF A PROPERTY SELLS, WE NEED TO INSPECT IT BECAUSE IT'S GOING TO BE THE BASIS OF THE NEXT MODEL, RIGHT? SO WE HAVE TO GET OUT THERE, MAKE SURE WE UNDERSTAND WHAT SOLD, MAKE SURE WE HAVE EVERYTHING LISTED IN OUR RECORDS CORRECTLY. SO THAT'S GOING TO TRIGGER AN ON-SITE VISIT BY AN APPRAISER. THEN WE HAVE BUILDING PERMITS. BUILDING PERMITS TELL US SOMEBODY'S CHANGING A PROPERTY, AND BECAUSE WE KNOW THAT THE PROPERTY'S CHANGING, WE'RE UNDER OBLIGATION TO MAKE SURE THAT WE GET IT RIGHT FOR THE NEXT VALUATION. ANYTHING THAT DOESN'T GET LOOKED AT BECAUSE IT'S SOLD OR BECAUSE THERE'S A PERMIT, IS PICKED UP WITH OUR PERIODIC INSPECTIONS. THAT'S THE SIX-YEAR CYCLE THAT SAYS, EVEN THOUGH THERE'S BEEN NOTHING THAT'S PROMPTED US TO GO OUT AND LOOK AT THIS PROPERTY, BECAUSE THE STANDARD SAYS WE NEED TO LOOK AT IT, WE'RE GOING TO GET OUT AND LOOK AT IT. SO THAT IS THE THE MAIN STRUCTURE OF OUR PLAN AND WHERE IT CAME FROM. OUR APPRAISAL STAFF NOW IS GOING TO HELP US WITH A LITTLE BIT MORE ABOUT THE INSPECTIONS AND DETAILS ON EACH PROPERTY. NICOLE CONLEY: MR. LAVINE, CAN YOU SPEAK INTO YOUR MICROPHONE, SIR? THANK YOU. DICK LAVINE: ON THE QUESTION OF SALES VERIFICATION, SALES PRICE DISCLOSURE-YOU KNOW-IT'S BEEN A HOT TOPIC FOREVER. WHAT PERCENTAGE OF SALES DO YOU THINK YOU REALLY GET A GOOD NUMBER ON THROUGH THESE VARIOUS METHODS, MICHAEL MILLS: I DON'T KNOW THAT I WANT TO COMMENT ON THAT. I CAN TELL YOU DON'T LEANA MANN: HAVE A WAY TO VERIFY THAT. WE WE DON'T KNOW HOW MANY. I MEAN, WE COULD LOOK AT THE TEXAS A AND M REAL ESTATE CENTER AND SEE WHAT THEY SAY THE NUMBER OF TRANSACTIONS WAS FOR OUR MSA, BUT WE BECAUSE WE DON'T HAVE MLS ACCESS. WE HAVE NO WAY OF VERIFYING WHAT PERCENTAGE OF SALES WE'RE GETTING. DICK LAVINE: BUT YOU'RE SAYING DEEDS, CLOSING STATE. I MEAN, A CLOSING STATEMENT WOULD BE THE NUMBER, MICHAEL MILLS: RIGHT? YEAH. OCCASIONALLY, WE'LL BE GIVEN THAT. WE WE WE SEE THE DEED, SO WE KNOW THAT SOMETHING CHANGED. THAT DOESN'T MEAN IT WAS A SELL, BUT OWNERSHIP CHANGED FOR SOME REASON. AND IF WE DO GET A SALES DISCLOSURE, THAT'S ONE OF THE VERY BEST WAYS FOR US TO KNOW FROM A CLOSING STATEMENT WHAT SOMETHING SOLD FOR. WE GET EVIDENCE FROM THIS DURING PROTEST SEASON, BUT LIKE MISS MANN MENTIONED, EVEN IF WE GO TO TEXAS A AND M, THAT MSA INCLUDES GEORGETOWN, AND LIKE THERE'S NO WAY FOR US TO KNOW WHAT'S SPECIFIC TO TRAVIS. SO WITHOUT FULL DISCLOSURE, WE DON'T REALLY KNOW WHAT WE COULD HAVE GOTTEN. DICK LAVINE: AND AND YOU ALSO ASK NEW HOMEOWNERS FOR WHAT THEY PAID. DOES THAT WORK? LEANA MANN: NO. MICHAEL MILLS: VERY LOW PERCENTAGE OF RETURN. LEANA MANN: LESS THAN 1% RETURN, AND SOME OF THE RESPONSES ARE NOT MODIFIED. YES. YEAH. OKAY. THANKS. MICHAEL MILLS: GOOD QUESTIONS. DICK LAVINE: YOU KNOW, ONE MORE THING, WHICH IS I WAS READING. I GUESS IT'S WHERE WAS I? NO, IT WAS IN IN THE REAPPRAISAL PLAN, STARTING. OH, I DON'T KNOW, FROM THE BEGINNING, THE EXECUTIVE SUMMARY, AND SORT OF THE NARRATIVE THROUGH YOUR SEVEN POINTS HERE. IT'S VERY USEFUL. I THOUGHT IT WAS VERY EASY TO UNDERSTAND, AND FOR ALL THE YEARS I'VE BEEN DOING THIS, I KNOW MORE NOW. MICHAEL MILLS: GOOD. THAT'S THAT WAS THE GOAL. LEANA MANN: THAT WAS BRUCE'S TEAM WORKED REALLY HARD ON. MICHAEL MILLS: EXCELLENT. SO I'M GOING TO ASK MISS GONZALEZ, AND SHE'S GOING TO HELP US WITH THAT INSPECTION QUESTION THAT WAS ASKED, SHENGHAO WANG: AND WHILE WE'RE DOING THE TRANSITION, I TRY VERY HARD WHEN I WRITE AS A LAWYER WHERE IF THE READER HAS A QUESTION, IT SHOULD HOPEFULLY BE ANSWERED BY THE NEXT SENTENCE, AND SO I JUST WANT TO COMMEND YOU THAT YOU'VE DONE A VERY GOOD JOB IN STRUCTURING AND ORGANIZING THIS PRESENTATION. JAZMIN GONZALEZ: THIS IS HIM. YES, PLEASE. MICHAEL MILLS: I GOT IT. I GOT AHEAD OF MYSELF. ONE LAST THING. SO THIS SHOWS YOU THE APPRAISAL YEAR. THIS IS SPELLED OUT IN THE PLAN. THE APPRAISAL YEAR WE DIVIDE IT HERE INTO THREE PHASES. ONE IS THE PERIOD OF TIME WHERE WE DO INSPECTIONS. THAT STARTS RIGHT NOW, SEPTEMBER 1 AND RUNS THROUGH TO THE END OF JANUARY. SO OUR APPRAISERS ARE GOING TO BE IN THE FIELD. THE PLAN SPELLS OUT THAT WE'RE GOING TO LOOK AT APPROXIMATELY 171,000 PROPERTIES THIS YEAR, PLUS SALES AND PERMITS. SO A HEAVY WORKLOAD IS GOING TO HAPPEN OVER THESE FIVE MONTHS. AND THEN THERE'S A MONTH PERIOD, A MONTH AND A HALF PERIOD FROM FEBRUARY 1ST TO MARCH 15TH, WHERE WE'RE ACTUALLY DOING THE VALUATION, THE MODELS ARE BEING BUILT, THEY'RE BEING TESTED, THEY'RE BEING CALIBRATED, RATIO STUDIES ARE BEING RUN TO CHECK THAT THE VALUES ARE APPROPRIATE, AND THEN OF COURSE OUR NOTICES GO OUT AT THE END OF THAT PERIOD, AND THEN WE ENTER INTO THE LONGEST PERIOD OF THE YEAR, WHICH IS THE DEFENSE PERIOD. WHERE WE'RE INVOLVED WITH PROTESTS, SO STARTING THE MIDDLE OF MARCH, WE [00:45:04] ARE GOING TO BE HAVING INFORMAL MEETINGS WITH PROPERTY OWNERS, DISCUSSING WHAT THEY SEE, WHAT THEY KNOW, AND FORMING AGREEMENTS WITH THEM IF WE CAN. AND THEN WE GO INTO THE FORMAL HEARING PERIOD, WHICH WRAPS UP IN THE MONTH OF AUGUST. SO THAT'S OUR APPRAISAL PLAN SCHEDULE; THOSE CALENDARS ARE IN THE BOOK FOR YOU TO SEE, AND IT'S OF NOTE THAT WE'RE GOING TO LOOK AT APPROXIMATELY 325,000 PROPERTIES OVER THE NEXT TWO YEARS, AND THEN A GOOD NUMBER PAST THAT FOR SALES AND PERMITS. AND I'M SORRY TO PUT JASMINE ON THE SPOT AGAIN, BUT HERE WE GO. JAZMIN GONZALEZ: GOOD MORNING. THANK YOU FOR THE KIND WORDS EARLIER AND THE OPPORTUNITY TO PRESENT THIS TO Y'ALL. SO MY SLIDE IS GOING TO BE AN OVERVIEW OF THE LEVELS OF INSPECTIONS THAT OUR APPRAISERS PERFORM DURING OUR DATA COLLECTION PHASE. SO WE HAVE TWO INSPECTION METHODS. WE HAVE OUR DESKTOP IN-HOUSE REVIEWS, AND WE ALSO HAVE OUR FIELD ON-SITE INSPECTIONS. SO FOR DESKTOP INSPECTIONS, THESE ARE THE ONES THAT WE CAN CLOSE OUT REMOTELY USING THE RESOURCES THAT ARE AVAILABLE TO OUR APPRAISERS. WE DO HAVE AERIAL PHOTOGRAPHY THAT IS REFRESHED ON A YEARLY BASIS. OUR AERIAL PHOTOGRAPHY ALSO HAS 3D OBLIQUE IMAGES. WE ALSO HAVE STREET LEVEL PHOTOGRAPHY. THIS IS REFRESHED EVERY TWO YEARS, AND BOTH OF THESE HAVE TOOLS THAT THE APPRAISERS CAN USE, LIKE MEASURING DISTANCES. THEY CAN MEASURE HEIGHTS OF IMPROVEMENTS, CHECK ELEVATIONS, AND THEN WE HAVE OTHER FORMS OF RESEARCH LIKE PERMITTING WEBSITES WHERE THEY CAN SEE PERMIT APPLICATIONS, SKETCHES, FLOOR PLANS, AND THEN OF COURSE PUBLIC LISTING INFORMATION. SO USING ALL OF THESE RESOURCES, THE APPRAISERS ARE ABLE TO DO A LOT OF RESEARCH AND CLOSE SOME OF THE PERMITS OUT VIA DESKTOP IN-HOUSE REVIEWS, AND THEN WE HAVE OUR FIELD INSPECTIONS. THESE ARE GOING TO BE THE BOOTS ON THE GROUND, ON-SITE FIELD CHECKS, MAINLY FOR BIGGER PROJECTS, THINGS LIKE NEW CONSTRUCTION, DEMOLITIONS, HEAVY REMODELS. THE APPRAISER IS GOING TO GO OUT TO THE PROPERTY. THEY'RE GOING TO TAKE MEASUREMENTS, TAKE PHOTOS. SOMETIMES THEY MIGHT HAVE TO TALK TO CONTRACTORS, PROPERTY OWNERS. THEY TAKE REALLY GOOD NOTES. THEY TAKE THEIR PHOTOS, AND ALL OF THESE IS DOCUMENTED IN THE RECORD THROUGH THEIR IPADS. SO THERE ARE DIFFERENT THINGS THAT WILL TRIGGER TRIGGER AN INSPECTION. FIRST OF ALL, WE HAVE OUR SALES. PART OF OUR SALES REVIEW IS TO VISIT THESE PROPERTIES IN PERSON, SO THE APPRAISER IS GOING TO BE ABLE TO VERIFY CHARACTERISTICS, TAKE NOTE OF ANY MAJOR CHANGES THAT HAPPEN AFTER THE SALE, AND IT ALSO GIVES THEM A GOOD SENSE OF WHAT'S GOING ON IN THIS NEIGHBORHOOD. MAYBE THERE ARE SOME EXTERNAL INFLUENCES THAT AFFECTED THE SALE, SO THE SALE-DRIVEN INSPECTIONS ARE GOING TO BE ON-SITE FIELD CHECKS. WE ALSO HAVE PERMIT-DRIVEN THAT TRIGGER AN INSPECTION, SO WE DO RECEIVE VARIOUS PERMITS FROM THE DIFFERENT JURISDICTIONS WITHIN TRAVIS COUNTY, AND ALL OF THESE GO THROUGH A SCREENING PROCESS FIRST. SO THE APPRAISER IS GOING TO REVIEW ALL THE PERMITS WE RECEIVE. MAYBE SOME OF THEM CAN BE CONSOLIDATED FIRST, AND THEN ANYTHING ELSE IS GOING TO BE ROUTED TO EITHER A DESKTOP OR A FIELD INSPECTION, DEPENDING ON THE SCOPE OF WORK THAT WAS PULLED IN THE PERMIT, AND THEN WE HAVE OUR PERIODIC INSPECTIONS. THESE ARE ON A SIX-YEAR CYCLE. THESE COULD BE SPECIAL PROJECTS, COMPLIANCE PROJECTS, MAYBE SOME AUDITS, AND THESE ARE ALSO COMPLETED USING BOTH METHODS, EITHER A DESKTOP OR AN ON-SITE INSPECTION. ZACH IS GOING TO GO INTO A LITTLE BIT MORE DETAIL INTO OUR PERIODIC INSPECTIONS FOR THIS REAPPRAISAL PLAN, BUT THAT PART OF ME CONCLUDES THE LEVELS OF INSPECTIONS OUR APPRAISERS PERFORM. NICOLE CONLEY: CAN YOU REPEAT YOUR NAME, PLEASE? I'M SORRY, I MISSED YOUR NAME. SORRY, JAZMIN GONZALEZ: I'M JAZMIN GONZALEZ. NICOLE CONLEY: JAZMIN GONZALEZ. OKAY, JAZMIN, I HAVE ONE QUICK QUESTION FOR YOU. SO, HOW DOES THIS RELATE TO BUSINESS PERSONAL PROPERTY? DO YOU GO OUT? ARE THEY SUBJECT TO THESE INSPECTION CYCLES AS WELL? AND THEN I KNOW WE'RE SHIFTING FROM THREE YEAR TO SIX YEAR, AS ACCORDING TO THE STANDARDS, AND I JUST WONDER IF IF PEOPLE MIGHT PERCEIVE US AS BEING LESS AGGRESSIVE OR MORE AGGRESSIVE WITH OUR INSPECTIONS AS A RESULT IN THAT SHIFT, THAT CHANGE IN POLICY. JAZMIN GONZALEZ: YES, OUR BUSINESS PERSONAL PROPERTIES ARE ALSO A MIX OF BOTH INSPECTIONS, EITHER DESKTOP OR. FIELD INSPECTIONS TOO, AND YEAH, [00:50:03] NICOLE CONLEY: FALL INTO THIS NATURAL CYCLE OF INSPECTIONS AS, AS YOU'VE KIND OF LAID OUT AS GENERAL IN GENERAL. LEANA MANN: IN THE RE-INSPECTION, WE'RE NOT CHANGING OUR FREQUENCY PER SE. WE'RE BETTER DOCUMENTING AND BEING ABLE TO CAPTURE IT IN OUR SYSTEM, WE WERE INSPECTING ON THAT SAME CYCLE. IT WASN'T ALWAYS MAKING IT TO THE SYSTEM. THERE WASN'T A PROCESS AND A PROCEDURE TO DOCUMENT THAT. SO THAT'S WHAT WE'RE REALLY FOCUSING ON. NICOLE CONLEY: THANK YOU. THANK YOU FOR YOUR TIME. ZACHARY DYE: HOWDY. GOOD MORNING. MY NAME IS ZACHARY. I AM THE DIRECTOR OF THE RESIDENTIAL DEPARTMENT, AND I'M GOING TO TALK A LITTLE BIT ABOUT THE REAPPRAISAL PLAN FOR THE RESIDENTIAL SIDE OF THINGS. FIRST, YOU CAN SEE THAT WE WE APPRAISE ALL THE SINGLE-FAMILY RESIDENTIAL AND MULTIFAMILY HOUSING, YOU KNOW, WHICH IS TYPICALLY UP TO FOUR UNITS, AND THEN OUR LAND VALUES ARE RECEIVED OR ARE CREATED BY THE LAND TEAM, AND WE COLLABORATE A LITTLE BIT. ONCE WE GET THE IMPROVEMENT VALUES, THEY GET THE LAND VALUES, AND THAT'S HOW WE COME TO OUR RESIDENTIAL VALUES FOR OUR PROPERTIES. AS YOU CAN SEE, WE HAVE JUST SHORT OF 400,000 IMPROVED PARCELS IN 2026, SITTING AT AROUND 392,000 PARCELS. AND THEN MY STAFF PERSONALLY HAS ABOUT 39 APPRAISERS ON THE TEAM, PLUS THREE ADDITIONAL MANAGERS, MYSELF AND JASMINE, AND A BUNCH OF SUPPORT STAFF TO HELP US GET THROUGH THE PROTESTS OR THE EVALUATION SEASON. AND AS YOU CAN SEE ON THE FAR RIGHT, WE HAVE ABOUT 146,000 PARCELS TO INSPECT OVER THE NEXT TWO YEARS WITH EVERYTHING THAT WE HAVE GOING ON. I'M TOUCHING A LITTLE BIT FURTHER HERE, BUT OUR FOCUS FOR 2027 AND 2028 ARE GOING TO BE OUR ALPHA RE-INSPECTIONS ON A RECURRING CYCLE. IN 2027, I'LL HAVE MORE INFORMATION HERE IN A SECOND. IS GOING TO BE NEIGHBORHOODS S T AND U, AND THEN IN 2028 WE'RE GOING TO HAVE NEIGHBORHOODS M THROUGH R, SO M N O P Q R. YES, I DID IT, SIR. SHENGHAO WANG: SO THE ALPHA AREA IS DOES THAT CORRESPOND TO THE? I THINK ONE OF THE VERY FIRST SLIDES IT WAS LIKE THE THE LIKE MARKET AREAS OR SOMETHING LIKE THAT. YES, SIR. OKAY. ZACHARY DYE: YES, SIR. AND I'LL HAVE A MAP UP HERE THAT SHOWS EXACTLY WHERE THOSE ARE AT, SO YOU KNOW KIND OF WHAT WE'RE LOOKING. SHENGHAO WANG: AND HOW BIG, ON AVERAGE, IS ONE OF THESE? LIKE HOW MANY PROPERTIES? IT ZACHARY DYE: IT JUST DEPENDS ON SOME OF OUR NEIGHBORHOODS IN LIKE NEIGHBORHOOD Z, WHICH IS GOING TO BE DOWNTOWN. IT'S A LOT MORE CONDENSED. WE HAVE A LOT MORE PARCELS IN THERE, AND THEN WHEN WE'RE LOOKING AT AN ST AND U, THOSE ARE GOING TO BE OUT TOWARDS THE NORTHWEST PART OF THE COUNTY, WHERE THOSE PARCELS ARE PRETTY SPREAD OUT. SO THERE'S A LOT LESS OUT THERE. IT JUST DEPENDS. SHENGHAO WANG: OKAY, SO IT'S JUST IT'S JUST BY GEOGRAPHIC SIMILARITY OR KIND OF LIKE ZACHARY DYE: YES, SIR. SHENGHAO WANG: OKAY. ZACHARY DYE: YES, SIR. YES, SIR. AND THEN NEXT WE HAVE, WE'RE GOING TO DO COUNTYWIDE SWEEP FOR THE POOLS IN 2027, AND THEN WE'RE GOING TO HAVE A SMALL DETAILS AUDIT IN 2028. AND THEN THE LAST THING WE'RE GOING TO DO YEAR OVER YEAR IS COST AND DEPRECIATION SCHEDULES. WE'LL RECALIBRATE THEM, AND THEN WE'LL TEST THEM AGAINST THE PROTEST EVIDENCE AFTER WE RUN THOSE CALIBRATIONS. SO THE NEXT SLIDE HERE FOR THE INSPECTION YEAR 2027, YOU CAN SEE WE HAVE NEIGHBORHOODS S, T, AND U. THERE'S GOING TO BE NORTHWEST PART OF THE COUNTY THAT'S GOING TO BE NORTH OF THE RIVER AND THEN WEST OF MOPAC, ESSENTIALLY OUT THERE. SO WE'RE GOING TO KNOCK ALL THAT OUT IN THIS NEXT YEAR, AND THAT LOOKS LIKE IT'S GOING TO BE ABOUT 53,000 ACCOUNTS FOR US TO GO VISIT, WHETHER IT'S AERIAL OR BOOTS ON THE GROUND. NEXT THING WE HAVE GOING ON IN 2027 IS WE ARE GOING TO DO COUNTYWIDE POOL INSPECTION AND COST REVIEW OF ABOUT 39,000 POOLS. WE'RE GOING TO LOOK AT AERIAL IMAGERY IF WE CAN TO VERIFY THE POOL IS STILL THERE, VERIFY THE POOL IS 100% COMPLETE, OR ANY NEW PERMITS THAT COME IN, VERIFY YOU KNOW WHETHER THEY REMOVE THE POOL OR ADDED THE POOL AS WELL. THEN THE LAST THING WE'RE GOING TO DO IS A SPECIAL INSPECTION AUDIT FROM THE COMPLIANCE DEPARTMENT. THAT'S GOING TO BE AN ADDITIONAL 17,000 ACCOUNTS THAT WE ARE GOING TO REVIEW, AND THAT'S ALL THAT WE HAVE FOR 2027, EXCEPT FOR, OF COURSE, RECALIBRATING THE COSTS AND DEPRECIATION SCHEDULES. WE'RE GOING TO CONSOLIDATE A BUNCH OF MARKET AREAS TOO THAT WE FEEL ARE A LOT SIMILAR THAT ARE SEPARATED RIGHT NOW. IT JUST GIVES US A BIGGER POOL OF SALES TO TO ACCURATELY APPRAISE THOSE PROPERTIES, AND THEN THE LAST THING WE'RE GOING TO DO IS VERIFY OUR MARKET AND EQUITY GRIDS THIS YEAR. WE'RE GOING TO TIGHTEN THOSE UP A LITTLE BIT IN COMP SELECTION AND ADJUSTMENTS. SO THAT'S WHAT WE HAVE FOR 2027, AND THEN IN 2028 WE ARE GOING TO HAVE ABOUT 106,000 INSPECTIONS SCHEDULED. LIKE I SAID, THOSE ARE GOING TO BE NEIGHBORHOODS M THROUGH R, AND THOSE ARE GOING TO BE SOUTH OF THE RIVER, STILL WEST OF MOPAC. SO WE KIND OF KNOCK ALL THOSE OUT AT ONCE AS WELL. THAT'S GOING TO BE ABOUT 67,000, AND THEN AFTER THAT, WE'RE GOING TO DO A SMALL DETAILS AUDIT. BASICALLY, THAT'S GOING TO BE SPORTS COURTS, LIFTS AND ELEVATORS, HOME THEATERS, STUFF LIKE THAT, THAT WE HAVEN'T REALLY HAD TIME TO DIAL IN. SO WE'RE GOING TO GO THROUGH ALL OF THOSE DETAILS, AND WE'RE GOING TO MAKE SURE THAT THOSE ARE DONE CORRECTLY, AND THAT OUR COST IS DONE APPROPRIATELY FOR THOSE AS WELL. NEXT, WE HAVE SPECIAL INSPECTIONS FROM THE COMPLIANCE AUDIT. THAT'S GOING TO BE ABOUT 8000 OF THOSE FOR 2028, AND THEN WE'RE GOING TO HAVE WE'RE GOING TO DO 8000 INSPECTIONS ON ALL OF THE. MOBILE HOMES THAT WE HAVE ON RESIDENTIAL LAND, COMMERCIAL [00:55:03] WILL BE HANDLING THEIR OWN, AND THEN JOSHUA WILL BE TALKING ABOUT THAT HERE IN A SECOND. BUT RESIDENTIAL, WE HAVE ABOUT 8000 MOBILE HOMES ON RESIDENTIAL LAND THAT WE'RE GOING TO MAKE SURE IS DONE CORRECTLY, VERIFY ALL THE CHARACTERISTICS AND THE COSTS. AND THEN THE LAST THING WE'RE GOING TO DO FOR 2028 IS WE ARE GOING TO REVIEW THE HIGH-RISE CONDOMINIUMS DOWNTOWN. IT'S GOING TO BE ABOUT 5000 ACCOUNTS. WE'RE GOING TO MAKE SURE THAT ALL THE VIEW FACTORS ARE APPROPRIATELY APPLIED, EQUITABLE UP AND DOWN. AS THERE'S A LOT OF CHANGES DOWNTOWN, WE WANT TO MAKE SURE THAT PEOPLE ARE STILL PAYING WHAT WE'RE SAYING THEY'RE PAYING FOR THOSE VIEW FACTORS. YES, SIR. SHENGHAO WANG: SO FIRST, LIKE LIFTS AND ELEVATORS ARE PRESUMABLY INSIDE THE BUILDING. ZACHARY DYE: SOMETIMES, YES, SIR. SHENGHAO WANG: OKAY, AND SO THAT SEEMS DIFFICULT TO INSPECT WITHOUT PERMISSION FROM THE PROPERTY OWNER. ZACHARY DYE: CORRECT. SO SOMETIMES WHEN WE WHEN WE ADD THOSE, A LOT OF THOSE HAPPEN TO BE SALES FROM PREVIOUS YEARS. SO THERE'S LISTING PHOTOS, SO YOU CAN KIND OF SEE SOME LISTING INFORMATION THAT WAY. WE JUST WANT TO GO BACK AND VERIFY THOSE, JUST TO MAKE THOSE ARE CORRECT, AND IF WE CAN'T VERIFY THE INFORMATION, THEN WE WILL REMOVE IT OFF THE ACCOUNT. SHENGHAO WANG: OKAY, AND WHAT IS THIS COMPLIANCE AUDIT? WHAT'S IT FOR? IS THAT SOMETHING? WELL, I'LL JUST GO AHEAD. LEANA MANN: LET ME TAKE IT. IN OUR 2026 BUDGET, WE ADDED AN INTERNAL AUDIT AND COMPLIANCE DEPARTMENT, AND SO WHAT THEY'RE DOING IS THEY THEY HANDLE OUR COMPTROLLER STUDIES OBVIOUSLY, BUT THEN THEY ALSO THROUGHOUT THE YEAR THEY'LL FIND ITEMS THAT MAYBE WE NEED TO DIG INTO. THEY'LL DO A RANDOM SAMPLING AND MAKE SURE THAT THOSE ITEMS THAT WE GET TESTED ON ARE ACTUALLY BEING CHECKED THROUGHOUT THE ENTIRE YEAR INSTEAD OF JUST WHEN THE COMPTROLLER'S COMING. SO IT'S ITEMS THAT THEY'VE IDENTIFIED THROUGH THEIR WORK OF THINGS THAT WE NEED TO CHECK, NICOLE CONLEY: BUT THEY WOULD INCLUDE THAT. THAT WAS MY QUESTION. THEY WOULD INCLUDE THE COMP TOTAL VALUE, ANY DISCREPANCIES OR MATERIAL DIFFERENCES THERE. GREAT. SHENGHAO WANG: OKAY, SO THAT'S JUST MAKING SURE YOU'RE FOLLOWING THE RULES ALL THE TIME, EVEN WHEN NO ONE EXTERNAL IS LOOKING. LEANA MANN: YEAH, AND AND THAT'S BECAUSE OUR THAT REAPPRAISAL PLAN IS VERIFIED WHEN THE COMPTROLLER COMES IN, AND SO IF THERE'S A LINE ITEM THAT YOU SAID YOU WERE GOING TO DO A HIGH RISE CONDO VIEW COMPONENT AUDIT, AND YOU DIDN'T DO THAT IN THE YEAR, THEN YOU WOULD FAIL YOUR MAP REVIEW, AND SO IT'S VERIFYING THAT EVERY YEAR WHAT WE SAY WE'RE DOING, WE'RE WE'RE FOLLOWING THROUGH AND DOING. SHENGHAO WANG: THAT'S SO MANY CHECK BOXES TO CHECK. NICOLE CONLEY: ACCORDING TO THEIR CRITERIA OR OUR CRITERIA AT THAT TIME AND MOMENT, I MEAN, BOTH. LEANA MANN: YEAH, SOME THERE ARE SOME PARTS OF THE COMPTROLLER'S AUDIT THAT ARE NOT AS STRENUOUS, AND THEN THERE'S WE HAVE HIGHER STANDARDS, AND SO IN THOSE SITUATIONS, WE WOULD AUDIT USING OUR STANDARDS. SHENGHAO WANG: THAT'S THAT'S A LOT OF WORK, NICOLE CONLEY: MR. LAVINE DICK LAVINE: JUST A SMALL QUESTION ON THE THE VIEW COMPONENTS. YES, IF YOU'RE IN A HIGH RISE AND THEN SOMEBODY'S BUILT A BUILDING NEXT TO YOU THAT BLOCKS YOUR VIEW OF THE LAKE, YOU ADJUST FOR THE. ZACHARY DYE: POTENTIALLY, IT DEPENDS ON WHAT THE SALES SAY. WE WE HAD AN ISSUE WITH THE FOUR SEASONS THAT WAS BUILT UP, AND THEN THEY BUILT A HOTEL RIGHT ACROSS THE STREET FROM IT. HOMEOWNERS CAME IN AND SAID OUR VIEW IS BEING OBSTRUCTED. OUR VALUE SHOULD BE LOWER. I SAID, ALL RIGHT, LET ME TAKE A LOOK AT SOME OF THE SALES THAT HAPPENED RIGHT AROUND YOU, AND IN THAT PARTICULAR FIRST YEAR, THE SALES WERE STILL THE SAME. SO UNFORTUNATELY, LIKE JUST BECAUSE SOMETHING'S BUILT DOESN'T NECESSARILY MEAN IT AFFECTS MARKET VALUE. WE LET THE MARKET KIND OF DICTATE WHAT THOSE VALUES ARE. DICK LAVINE: WELL, AND THAT'S I SEE THAT EVERY MORNING, AND I WAS VERY CURIOUS ABOUT THAT, AND DID NOT AFFECT SALES ON THE NORTH SIDE. THAT'S REALLY INTERESTING. ZACHARY DYE: YEAH, IT JUST IT JUST DEPENDS, AND IT COULD CHANGE NOW THIS YEAR. MAYBE THE MARKET CHANGES, BUT THAT'S WHAT WE'RE DOING THE AUDIT FOR TO MAKE SURE ALL 5000 OF THOSE ARE DONE CORRECTLY, OR DICK LAVINE: PEOPLE WEREN'T BUYING IT FOR THE VIEW TO BEGIN WITH; THEY'RE BUYING IT FOR LOCATION OR WHATEVER. ZACHARY DYE: ABSOLUTELY, YES, SIR. AND THEN THE LAST THING WE HAVE IS WE ARE GOING TO RECALIBRATE THOSE 2027 MARKET AREAS AGAINST THE PROTEST EVIDENCE THAT THAT WE HAD. THAT'S EVERYTHING THAT I HAVE FOR THE RESIDENTIAL DEPARTMENT. ANY OTHER QUESTIONS? I KNOW IT'S A LOT OF WORK, BUT MY STAFF IS-I'M SO INSANELY PROUD OF THEM YEAR OVER YEAR. SO I KNOW IT'S A BIG TASK, BUT I KNOW WE CAN HANDLE IT. I'M REALLY EXCITED FOR THE OPPORTUNITY. SHENGHAO WANG: ONE MORE. THIS IS ALMOST DOUBLE THE NUMBER OF PROPERTIES AS 27, RIGHT? IN 20, THE NUMBER OF INSPECTIONS. ZACHARY DYE: WELL, WE HAVE ABOUT 109 SCHEDULED INSPECTIONS, AND THEN THIS YEAR WE'RE GOING TO HAVE ABOUT 106. SHENGHAO WANG: I COMPLETELY MISREMEMBERED. OKAY, THAT NEVER MIND. ZACHARY DYE: YEAH, WE'RE TRYING TO MAKE NOT LOAD ONE YEAR TOO MUCH ON THE OTHER, SO THAT'S WHY WE'RE SEPARATING SOME OF THESE THINGS OUT. WHICH IS WHY WE HAVE A PLAN. RIGHT ON, RIGHT ON. THANK YOU SO MUCH. NICOLE CONLEY: THANK YOU, ZACHARY. JOSHUA MALDONADO: OKAY. GOOD AFTERNOON. ACTUALLY, MY NAME IS JOSHUA MALDONADO. I'M THE DIRECTOR OF COMMERCIAL AND BUSINESS PERSONAL PROPERTY APPRAISAL, AND TODAY I'M ACTUALLY JUST GOING TO TALK ABOUT THE COMMERCIAL SECTION OF THE REAPPRAISAL PLAN. SO, FOR COMMERCIAL PROPERTIES, WHAT I'M DISCUSSING HERE ARE GOING TO BE ALL. REAL PROPERTIES THAT ARE [01:00:01] IMPROVED FOR COMMERCIAL USE. OUR LAND VALUES ARE GOING TO BE HANDLED BY THE THE LAND DEPARTMENT, AND IN THE COMMERCIAL DIVISION, WE HAVE OVER 100 UNIQUE USE CODES THAT WE USE TO CLASSIFY PROPERTIES FOR THE PURPOSE OF VALUATION AND IDENTIFYING WHAT THEY'RE USED FOR. THOSE USES COULD BE SUBDIVIDED INTO SIX WHAT WE CALL PORTFOLIOS. THAT'S GOING TO BE APARTMENTS, OFFICE, RETAIL, INDUSTRIAL, HOSPITALITY, AND HEALTHCARE. AND THOSE ALSO REFLECT THE ASSIGNMENTS THAT WE GIVE TO OUR STAFF, IN ADDITION TO THE BUSINESS PERSONAL PROPERTY. NOW WE HAVE ABOUT 19 STAFF MEMBERS IN THE COMMERCIAL DEPARTMENT THAT FACILITATE BOTH THIS SECTION OF THE REAPPRAISAL PLAN AND THE SECTION THAT WILL BE DISCUSSED AFTER ME. RIGHT NOW WE HAVE ABOUT 28,000 PARCELS, OVER 28,000 PARCELS THAT WE FIT INTO THOSE SIX SUBCATEGORIES. THAT ALSO INCLUDES A FEW COMPLEX INDUSTRIAL AS WELL AS SPECIALTY ACCOUNTS THAT ARE FACILITATED BY OUR THIRD-PARTY APPRAISAL FIRM, PRITCHARD NAVIT. THAT'S GOING TO BE THE GIGAFACTORY AND THINGS LIKE THE CIRCUIT OF THE AMERICAS. THIS IS GOING TO BE YEARS THREE AND FOUR OF A FOUR-YEAR CYCLE OF RE-INSPECTIONS THAT WE'VE BEEN PLANNING, AND DIFFERENT FROM RESIDENTIAL, WHAT WE DO IN COMMERCIAL IS ACTUALLY A RE-INSPECTION PLAN THAT IS MORE BASED ON USE. THOSE 100 USE CODES THAT I DISCUSSED EARLIER, AND THE REASON FOR THAT IS BECAUSE WE HAVE SO MANY USE CODES, WE WANT TO MAKE SURE THAT WHENEVER WE DO RE-INSPECT THOSE, WE'RE DOING THAT UNIFORMLY ACROSS THE COUNTY, IT ALSO GIVES US AN OPPORTUNITY TO CALIBRATE THE KNOWLEDGE THAT OUR APPRAISERS HAVE WITHIN THOSE USE CODES. FOR INSTANCE, FOR THE UPCOMING YEAR, WE'RE GOING TO REINSPECT ALL HOSPITALS IN TRAVIS COUNTY, AND WITH THAT, WE WANT TO MAKE SURE THAT THEY'RE ALL RE-INSPECTED THE SAME WAY, AND THAT THE ACUMEN OF OUR APPRAISERS IS ELEVATED TO MAKE SURE THAT EVERYONE WHO DOESN'T HAVE A REGULAR EXPOSURE TO THOSE PROPERTIES HAS SOME FORM OF EDUCATION ON HOW THOSE PROPERTIES SHOULD BE INSPECTED. FOR THE NEXT TWO YEARS, WE'RE GOING TO HAVE A SPECIAL EMPHASIS ON HOTELS AND MULTIFAMILY. CURRENTLY, THOSE ARE VALUED OUTSIDE OF OUR CAMPUS SYSTEM VIA THE INCOME APPROACH, AND WE WANT TO MAKE SURE THAT WE'RE UTILIZING OUR CANVAS SYSTEM TO THE FULLEST. SO WE'RE GOING TO MAKE SURE THAT IN 27 WE MOVE OUR HOTELS INTO THE CANVAS SYSTEM, AND THEN IN 28 WE MOVE MULTIFAMILY, WHICH ARE GOING TO BE APARTMENTS, INTO THE CANVAS SYSTEM. OUTSIDE OF THAT, ANNUALLY WE DO REAPPRAISE OUR PROPERTIES BY CALIBRATING ALL OF OUR MODELS THAT ARE GOING TO BE BASED ON THE SALES, INCOME, AND COST APPROACH. OVER THE NEXT TWO YEARS, YOU'LL SEE THAT WE PLAN TO REINSPECT ABOUT 15,000 PROPERTIES FOR 2027. OUR OVERALL INSPECTION COUNT IS GOING TO BE ABOUT 7,876 PROPERTIES. YOU'LL SEE THAT OUR USE CODES THAT WE HAVE SCHEDULED FOR THE UPCOMING YEAR GOING TO BE HEALTHCARE. THAT'S THE HOSPITALS I JUST DISCUSSED. LARGE OFFICE, WHICH ARE GOING TO BE OUR HIGH-RISE OFFICE BUILDINGS, PRIMARILY DOWNTOWN. RETAIL, WHICH IS GOING TO FOCUS ON A FEW SUBCATEGORIES OF RETAIL. SMALL MULTIFAMILY, WHICH ARE GOING TO BE OUR SMALL APARTMENTS AS WELL AS MOBILE HOME PARKS, AND TWO CAVEATS TO OUR OUR REINSPECTION PLAN, WHERE WE DO ACTUALLY FOCUS ON AREA SPECIFIC, IS GOING TO BE SMALL INDUSTRIAL AND SMALL OFFICE. THERE'S SUCH AN ABUNDANCE OF THAT THAT REALLY WE CAN'T REINSPECT AN ENTIRE USE CODE IN A SINGLE YEAR. SO FOR THAT UPCOMING YEAR, SMALL INDUSTRIAL AND SMALL OFFICE, WE WILL BE PRIMARILY FOCUSING ON THE NORTHWEST AND FAR NORTHWEST AREAS OF TRAVIS COUNTY, THAT MAKES UP ABOUT 390 3,925 ACCOUNTS, AND THEN OF COURSE WE DO HAVE THOSE COMPLIANCE AUDIT INSPECTIONS THAT WERE DISCUSSED PREVIOUSLY FOR OUR DEPARTMENT AS WELL, AND THEN THAT'S GOING TO ACCOUNT FOR ABOUT 3,650 ACCOUNTS FOR THE NEXT YEAR. FOR 2027, AS I DISCUSSED, WE'RE MOVING HOTELS INTO THE CANVAS SYSTEM, AND WHILE WE'RE DOING THAT, SINCE THERE'S BEEN A LARGE FLUCTUATION IN HOTELS AND HOW THEY'VE BEEN REACTING IN THE MARKET SINCE THE PANDEMIC, WE'RE GOING TO TAKE THE TIME TO DO A FULL REINSPECTION OF ALL THESE PROPERTIES AND MAKE SURE THAT THE ECONOMIC CLASS OR THE INVESTMENT CLASS THAT WE HAVE ON EACH OF THESE PROPERTIES IS ACCURATE, AND SO THAT'S GOING TO ACCOUNT FOR 301 SPECIFIC REINSPECTIONS THAT WE'RE GOING TO DO WHILE WE MIGRATE THOSE INTO THE INTO THE SYSTEM. IN ADDITION TO THAT, ANNUALLY WE RECALIBRATE OUR COST MODELS BASED OFF OF THE MOST CURRENT COST DATA THAT'S PROVIDED BY VENDOR SOURCES AS WELL AS THE MARKET, AS WELL AS OUR INCOME MODELS. FOR 28, A VERY SIMILAR NUMBER. YOU'LL SEE ABOUT 7,256 SCHEDULED INSPECTIONS. 4,759 OF THOSE ARE GOING TO BE OUR USE CODE BASED INSPECTIONS. FOR 28, WE'RE GOING TO FOCUS ON SHOPPING CENTERS, RESTAURANTS, MARINAS. AGAIN, SMALL OFFICE AND SMALL INDUSTRIAL, AND THAT ACCOUNTS AGAIN FOR ABOUT 4,759. WE HAVE ABOUT 2,400 COMPLIANCE AUDITS THAT WE'RE EXPECTING FOR 2028, AND THEN WE'RE GOING TO PAY SPECIAL ATTENTION IN 2028 TO OUR DISCOUNT DEPARTMENT STORES AND OTHER BIG BOX RETAIL. THESE ARE GOING TO BE STORES LIKE WALMART, SOME OF OUR GROCERY STORES, AS WELL AS OTHER LARGE RETAIL TENANTS, UPWARDS OF 10,000 SQUARE FEET THAT SIT ALONE IN SINGLE TENANT BUILDINGS. RIGHT NOW, WE HAVE TWO DIFFERENT METHODS THAT WE'RE LOOKING AT VALUING THOSE WITH COST AND INCOME, WE WANT TO MAKE SURE THAT WE'RE DOING THAT APPROPRIATELY PER ACCOUNT, AND THAT WE CAN EQUALIZE THAT AS MUCH AS WE CAN ACROSS THE ENTIRE COUNTY WHERE NECESSARY. AND THEN, OF COURSE, AGAIN, OUR ANNUAL ITEMS ARE GOING TO BE OUR COST CALIBRATION AS WELL AS OUR MARKET ANALYSIS. AND I'LL LET DANIEL DISCUSS OUR BUSINESS PERSONAL PROPERTY ACCOUNTS, WHICH IS GOING TO BE THE NEXT SLIDE. IF THERE'S NO QUESTIONS, YES, SIR. [01:05:07] DICK LAVINE: SMALL ONES. WHEN WERE YOU TALKING ABOUT MOVING INTO THE CAMA MODULES? WHAT'S THE IMPLICATION OF THAT? IS THERE AN EFFICIENCY, OR IS THERE A DIFFERENT APPROACH? IT SAYS INCOME. JOSHUA MALDONADO: RIGHT. SO RIGHT NOW WE VALUE HOTELS AND APARTMENTS VIA THE INCOME APPROACH, BUT SINCE WE'VE ADOPTED TRUE PRODIGY, WE'VE VALUED THOSE EXTERNALLY, ESSENTIALLY ON SPREADSHEETS, AND THAT'S BECAUSE, LIKE A LOT OF THINGS IN IN PUBLIC APPRAISAL, EACH COUNTY MAY VARY ON HOW THEY VALUE EACH OF THESE PROPERTY TYPES. AND WHEN WE'RE LOOKING AT THE INCOME APPROACH, THE SMALLEST LINE ITEM, IF IT'S NOT CALIBRATED CORRECTLY, COULD HAVE LARGE VALUE IMPLICATIONS, AND SO WE WANT TO DO THAT. WE WANT TO BE METICULOUS ABOUT HOW WE MIGRATE IT INTO THE SYSTEM. SO WHILE WE'VE WAITED FOR OUR CAMERA VENDOR TO KIND OF MATCH UP WITH WHAT WE TYPICALLY DO WITH OUR APARTMENTS, WE WANT TO MAKE SURE THAT WHEN WE MOVE MOVE THEM IN THERE, WE'RE NOT JUST MOVING A MASS AMOUNT OF VALUE INTO THE SYSTEM THAT, YOU KNOW, COULD END UP INACCURATE DOWN THE LINE. DICK LAVINE: AND YOU MENTIONED IN THE VERY BEGINNING THE I DON'T KNOW WHAT YOU CALL THEM COMPLEX PROPERTIES LIKE THE THE FORMULA ONE TRACK AND ALL. WHAT KIND OF OVERSIGHT DO YOU HAVE OVER THE THE SPECIALIZED FIRMS THAT ARE DOING THE WORK FOR YOU? JOSHUA MALDONADO: YEAH, IT'S A GREAT QUESTION. SO THIS LAST YEAR, ONE OF THE POLICIES THAT WE PUT IN PLACE IS THAT WHENEVER THEY DO ACTUALLY GO ON SITE AND INSPECT THESE PROPERTIES, WE'VE BEEN SENDING AT LEAST TWO OF OUR APPRAISERS TO GO OUT WITH THEM. WE SEND SOMEBODY THAT SPECIALIZES IN BOTH COMMERCIAL AND BUSINESS PERSONAL PROPERTY TO WATCH HOW THEY'RE DOING THEIR INSPECTIONS, LEARN FROM THEM, AND ALSO HAVE SOME KIND OF OVERSIGHT OF EXACTLY WHAT THEY'RE LOOKING AT AND WHAT THEY'RE LISTING ON THE PROPERTIES. THEN, BEFORE THEY ACTUALLY NOTICE THE PROPERTIES, THEY SEND THOSE VALUES OVER TO US FOR REVIEW, AND THEN ALSO THROUGHOUT THE HEARING SEASON, WE HAVE CHECK-INS WITH THEM ABOUT THE VALUES THEY'RE PLACING ON PROPERTIES, THE ISSUES THEY'RE COMING UP WITH WHILE THEY GO THROUGH APPEALS AND BEFORE CERTIFICATION. DICK LAVINE: WELL, MENTIONING THE APPEALS, YOUR SEGMENT, I'M SURE, ARE PROTESTED AND FILED SUITS FILED FOR A LOT OF PROPERTIES. WELL, DOES THAT HELP YOU? BECAUSE YOU GET FEEDBACK. BECAUSE THROUGH DISCOVERY OR SOMETHING, YOU'RE GOING TO GET MORE INFO. JOSHUA MALDONADO: YOU KNOW, IT'S HARD TO SAY. WE DO GET A SUBSTANTIAL AMOUNT OF INFORMATION FROM THE APPEALS, AND I'LL TELL YOU THAT FOR INCOME-PRODUCING PROPERTIES, YOU KNOW, IT'S KIND OF A DOUBLE-EDGED SWORD, RIGHT? IF WE'RE VALUING THE PROPERTY ACCURATELY, YOU COULD SAY THAT WE MAY NOT GET INFO FOR THAT PROPERTY, BUT THE MAJORITY OF THE INFORMATION THAT WE USE TO CALIBRATE THESE INCOME MODELS ACTUALLY DOES COME FROM THE PROFIT AND LOSS STATEMENTS THAT PROPERTY OWNERS AND AGENTS GIVE TO US IN THE APPEALS PROCESS. SO, I DON'T REALLY HAVE A GOOD ANSWER FOR THAT QUESTION, BUT I CAN TELL YOU THAT WE DO DO A LOT OF DATA COLLECTION FROM APPEALS, DICK LAVINE: AND OH, ONE LAST THING ABOUT THE HEALTHCARE. I DON'T KNOW HOW MANY OF THE HOSPITALS ARE NONPROFITS, AND SO WOULDN'T BE PAYING TAXES ANYWAY. YOU STILL INSPECT THEM? JOSHUA MALDONADO: YES, SIR. SO EVEN THOUGH THEY'RE NONPROFIT OR FULLY EXEMPT, WE'RE STILL OBLIGATED TO MAKE SURE THAT THAT LISTING IS CORRECT AND HAVE A VALUATION ON THAT PROPERTY. SO REALLY, ANY PROPERTY THAT'S CURRENTLY EXEMPT AT ANY POINT IN THE FUTURE COULD, YOU KNOW, SELL TO A FOR-PROFIT ORGANIZATION OR COULD BECOME NON-EXEMPT. AND SO WE NEED TO MAKE SURE THAT THEIR INFORMATION IS ACCURATE, THEIR VALUES ARE ACCURATE. DICK LAVINE: HOW ABOUT STATE OFFICE BUILDINGS OR UT? JOSHUA MALDONADO: YEAH, SAME WAY. WE STILL PLACE SOME TYPE OF LISTING ON THOSE PROPERTIES JUST IN CASE YOU KNOW, AT ANY POINT THEY DO COME OFF OF A FULLY EXEMPT STATUS. DICK LAVINE: YOU KNOW, I REMEMBER THE LIKE THE FOOTBALL STADIUM IS EXEMPT, BUT THE LONGHORN CLUB OR WHATEVER IT'S CALLED IS NOT. IS THAT TRUE? JOSHUA MALDONADO: ACTUALLY, THAT'S ACTUALLY A QUESTION THAT JUST CAME UP THE OTHER DAY. THE LONGHORN CLUB ACTUALLY IS NOW EXEMPT. SO WHERE THAT COMES INTO PLAY IS WHETHER OR NOT THAT'S FOR PUBLIC USE. SINCE IT'S NOT REALLY FOR PUBLIC USE, WE PUT IT BACK INTO AN EXEMPT STATUS. THANKS. DANIEL MAZZIOTTI: GOOD AFTERNOON. MY NAME IS DANIEL MAZZIOTTI. I SERVE AS THE ASSISTANT DIRECTOR OF COMMERCIAL AND BPP UNDER MR. MALDONADO. I APPRECIATE THE OPPORTUNITY TO DISCUSS THE BPP PORTION OF THE PLAN WITH YOU FOLKS TODAY, AND I DO WANT TO THANK THE COMMITTEE FOR ALL THEIR WORK ON THIS REAPPRAISAL PLAN AS WELL. SO FOR BUSINESS PERSONAL PROPERTY, WE ARE RESPONSIBLE FOR VALUING 50,804 ACCOUNTS, OF WHICH 39,120 ARE BUSINESS PERSONAL PROPERTY, AND 11,684 ARE PERSONAL PROPERTY MANUFACTURED HOMES. NOW, THESE DIFFER FROM THE MANUFACTURED HOMES ELECTED AS REAL PROPERTY, WHICH FALL UNDER THE RESIDENTIAL DEPARTMENT. OVER THE NEXT TWO YEARS, WE PLAN TO INSPECT A TOTAL OF 40,795 ACCOUNTS, WITH A FOCUS ON FIRST OUR HIGHEST VALUE ACCOUNTS. WHICH WILL BE INSPECTED ON A CYCLICAL BASIS. [01:10:04] SECOND, THE ACCOUNTS THAT HAVE NOT RENDERED IN THE LAST TWO YEARS, AND THAT ARE VALUED ABOVE $100,000. AND THIRD, NEW SALES TAX PERMIT HOLDERS IN THE COUNTY. ALONGSIDE THIS INSPECTION WORK, WE WILL RECALIBRATE OUR DEPRECIATION TABLES AND QUALITY DENSITY SCHEDULES ANNUALLY. SO LET'S LOOK AT SOME YEAR-SPECIFIC NUMBERS. FOR 2027, WE WILL INSPECT APPROXIMATELY 26,100 ACCOUNTS, AS FOLLOWS: 11,600 PERSONAL PROPERTY MANUFACTURED HOMES, WHICH WILL COMPLETE THAT INITIATIVE IN YEAR ONE OF THE REAPPRAISAL PLAN. 10,000 ACCOUNTS VALUED ABOVE 125,000 ON THE CURRENT YEAR LIST. 2100 ACCOUNTS THAT HAVE NOT RENDERED IN THE LAST TWO YEARS AND THAT ARE VALUED ABOVE 100,000. 1,500 SALES TAX PERMITS ISSUED AFTER NOVEMBER 1ST, 2026, AS WELL AS 900 ACCOUNTS THAT HAVE BEEN FLAGGED FOR REVIEW, EITHER BY AN APPRAISER IN AN APPEAL SETTING, OR BECAUSE OF SIGNIFICANT YEAR-OVER-YEAR CHANGES IN VALUE. MOVING ON TO 2028, WE PLAN TO INSPECT 14,695 ACCOUNTS, WITH 10,000 ACCOUNTS VALUED ABOVE 125,000 ON THE CURRENT YEAR LIST, 2,100 ACCOUNTS THAT HAVE NOT RENDERED IN THE LAST TWO YEARS, AND THAT ARE VALUED ABOVE 100,000. 1,695 TAX SALES TAX PERMITS ISSUED AFTER NOVEMBER 1ST, 2027, AND APPROXIMATELY 900 ACCOUNTS THAT HAVE BEEN FLAGGED FOR REVIEW. ANOTHER PROCESS THAT WE WILL BEGIN IN 2028 IS RESEARCHING PERMITS, RENT ROLLS, AND PROTEST EVIDENCE FOR INFORMATION RELEVANT TO BPP. FOR EXAMPLE, WE RECEIVE MANY RENT ROLLS AS EVIDENCE ON COMMERCIAL PROPERTIES. WE'LL FUNNEL THOSE INTO BPP REVIEW AND CROSS-CHECK THEM FOR NEW OR CLOSED ACCOUNTS. ESSENTIALLY, THIS WILL ALLOW US TO MAKE BETTER USE OF THE INFORMATION THAT'S ALREADY AVAILABLE TO US. SO THAT COVERS OUR TWO-YEAR BPP REAPPRAISAL PLAN. I'D BE HAPPY TO ANSWER ANY QUESTIONS, SIR. SHENGHAO WANG: YEAH. SO IS IT CORRECT? AM I CORRECT IN MY UNDERSTANDING THAT EVEN IF YOU'RE EXEMPT FOR THE NEW $125,000 VPP EXEMPTION, YOU STILL HAVE TO RENDER EVERY YEAR? LEANA MANN: NO, THERE IS AN OPTION NOW FOR A CHECKBOX ON THE RENDITION FORM WHERE IF THEY CHECK THAT THEIR OPINION IS THEY THAT THEY ARE UNDER 125,000, THEY DO NOT HAVE TO RENDER. SHENGHAO WANG: OKAY, SO WE ARE KEEPING THEM HONEST ON THAT. LEANA MANN: WELL, WE'RE WE'RE GOING TO CHECK FOR THIS NEXT CYCLE, THE NEXT TWO YEARS. WE'LL CHECK ANYONE WHO DIDN'T RENDER WHEN THE RENDITION REQUIREMENT WAS IN PLACE. BUT AFTER THIS CYCLE, 2028, THAT LIKELY WILL HAVE TO BE CHANGED. SHENGHAO WANG: OKAY, LEANA MANN: AND OUR GOAL THERE IS JUST TO TRY AND AUDIT ANY ACCOUNT WHERE TWO YEARS AGO IT WAS AT 100,000 TO ENSURE THAT IT HASN'T CREPT ABOVE THAT 125. SHENGHAO WANG: OKAY, AND RENT RULES THAT THAT MEANS LIKE AN APARTMENT COMPLEX AS PART OF THEIR YOU KNOW THEY'RE THEY'RE TELLING YOU WHAT THEY'RE CHARGING AND HOW MANY PEOPLE ARE PAYING IT, OR DANIEL MAZZIOTTI: TYPICALLY A MORE A BETTER EXAMPLE MIGHT BE LIKE A SHOPPING CENTER WHERE THEY HAVE IT'S A TENANT LIST AND YOU KNOW WE GET THE RENT ROLLS FOR WHAT YOU KNOW PORTION OF RENT OR WHAT THEIR RENT IS AND HOW MUCH SQUARE FEET THEY OCCUPY THINGS LIKE THAT NATURE YEAH SHENGHAO WANG: OKAY AND AND THEY SHARE THAT WITH YOU AS PART OF A LIKE LIKE DISCOVERY TYPE, OR BECAUSE THEY'RE IN THE HEARING, RIGHT? BECAUSE THEY'RE DISAGREEING WITH YOU ON THE VALUATION. DANIEL MAZZIOTTI: TYPICALLY FOR PROTEST, YES, FOR EVIDENCE. SHENGHAO WANG: CORRECT. THAT'S IT FOR ME. DANIEL MAZZIOTTI: THANK YOU. NICOLE CONLEY: THANK YOU FOR YOUR TIME. NICK FRITZ: NOT A PROBLEM. AFTERNOON, MY NAME IS NICK FRITZ. I SERVE AS THE LAND AND SPECIAL VALUATION MANAGER FOR THE DISTRICT, AND I GET TO TALK TO YOU ABOUT LAND AND OUR PLAN FOR VALUATION FOR THE NEXT TWO YEARS. ULTIMATELY, THERE ARE ABOUT 54,000 VACANT PARCELS IN THE COUNTY AS OF 2026. BUT AS YOU HEARD FROM RESIDENTIAL AND COMMERCIAL DIRECTORS, MY TEAM AND I ARE RESPONSIBLE ULTIMATELY FOR THE VALUATION ON ALL ROUGHLY 450,000 REAL PARCEL OR REAL PROPERTY PARCELS. AT A MINIMUM, THAT MEANS WE'RE GOING TO LOOK AT THE ZONING EVERY YEAR AND [01:15:04] MAKE SURE THAT ANY UPDATES TO THE ZONING FROM ALL THE JURISDICTIONS AND CITIES WITHIN THE COUNTY ARE UPDATED IN OUR SYSTEM AS WELL. THAT'S LARGELY A GIS FUNCTION AND A MAPPING FUNCTION, AND SO IT'S NOT COUNTED AS PART OF OUR YEARLY INSPECTIONS. BUT WE DO HAVE FIVE APPRAISERS ON THE TEAM, MYSELF AND FIVE ADDITIONALS, AND WHILE THAT SEEMS LIKE A LOT OF WORK FOR FIVE PEOPLE, MOST OF WHAT WE DO IS A HIGHLY COLLABORATIVE WITH THE OTHER DEPARTMENTS, AND B CAN BE DONE IN MASS FOR THE MOST PART, ASIDE FROM THE SPECIAL INSPECTIONS THAT WE ARE IN CHARGE OF. SO, ON TOP OF THE REAL PROPERTY AND VALUING FOR MARKET VALUE, MY TEAM IS ALSO RESPONSIBLE FOR ALL THE ONE-BY-ONE PRODUCTIVITY VALUE IN THE COUNTY. SO ANYTHING WITH AN AG OR WILDLIFE VALUATION, AND FOR THIS REAPPRAISAL PROCESS, WE'VE DIVIDED THE COUNTY INTO THREE AREAS, SO RATHER THAN A SIX-YEAR CYCLE, WE'RE GOING TO REINSPECT THOSE 1D1 PARCELS ON A THREE-YEAR CYCLE, MOSTLY REVOLVING AROUND THE REQUIREMENTS FOR ROLLBACK WHEN DEVELOPMENT OR CHANGE OF USES OCCURRED. WE HAVE THREE YEARS TO ROLL THOSE BACK, SO THAT THE ENTITIES CAN GET THEIR ADDITIONAL VALUE, THE TAXABLE VALUE ON THAT, AND OUR SECOND KIND OF LARGER PROJECT THAT WE'RE GOING TO TALK ABOUT OVER THE NEXT TWO YEARS IS REVALUING THE WATERFRONT IN THE COUNTY. WE'VE NOTICED A DISCREPANCY IN EQUITY IN THE HISTORIC VALUATION OF THOSE PROPERTIES, ESPECIALLY WHENEVER THE FRONT FOOTAGE ON THOSE PROPERTIES IS NOT IS OUT OF RATIO WITH THE STANDARD TOTAL SQUARE FOOTAGE ON THOSE LOTS, AND TRYING TO BRING THOSE BACK INTO EQUITY AMONG WATERFRONT PROPERTIES, BUT ALSO AMONG THE PROPERTIES THAT MIGHT BE ACROSS THE STREET IN YOUR NORMAL RESIDENTIAL LOTS. SO FOR 2027 SPECIFICALLY, WE ARE GOING TO LOOK AT, WE'RE GOING TO REINSPECT ALL OF THE 15,000 OR SO BUILDER-OWNED SUBDIVISION LOTS. MY TEAM IS RESPONSIBLE FOR THE INVENTORY DISCOUNT, THE BUILDER'S INVENTORY DISCOUNT ON RESIDENTIAL PARCELS. THAT'S ABOUT 15,000 ACCOUNTS PER YEAR. WE'RE GOING TO LOOK AT ALL VACANT RURAL LAND THROUGHOUT THE COUNTY ON A YEARLY BASIS. IT'S ABOUT 5,200 PARCELS. WE DON'T GET A WHOLE LOT OF BUILDING PERMIT INFORMATION IN THESE UNINCORPORATED AREAS. THEY TEND TO BE LARGER PARCELS AS WELL, AND THEY'RE RIPE FOR RIPE FOR DEVELOPMENT. AND SO, WITHOUT THAT PERMIT INFORMATION, THEY REQUIRE MORE STRINGENT REINSPECTION SCHEDULE SO THAT WE CAN CATCH THOSE EARLY AND MAKE SURE THAT WE ARE UPDATING THE LAND VALUES, BUT ALSO MAKING SURE THAT WE'RE FLAGGING THOSE FOR RESIDENTIAL COMMERCIAL DEPARTMENTS TO ADD IMPROVEMENTS TO AS NEEDED. WE'RE ALSO GOING TO, ON A YEARLY BASIS, REVIEW ALL OF THE PROPERTIES THAT COMMERCIAL AND RESIDENTIAL HAVE FLAGGED AS EITHER INTERIM USE FOR COMMERCIAL OR SALVAGE CONDITION, TO JUST TO MAKE SURE THAT THE SCALES INDICATORS ON THOSE PROPERTIES ARE BECAUSE THEY ARE SUCH A, THEY'RE I'M SORRY, THEY ARE GREAT INDICATORS FOR LAND VALUE, WHENEVER WE WE GET THOSE SALES IN, SO IT'S ABOUT 2,500 PARCELS, AND THEN AS I SAID, WE'RE GOING TO DO A REINSPECTION ON ALL OF THE D1 STATE CODE PROPERTIES. THAT'S ALL OF OUR PRODUCTIVITY VALUE PROPERTIES IN SUB AREA ONE, WHICH IS HIGHLIGHTED IN THE MAP. IT PRIMARILY CONSISTS OF PLOUGERVILLE, MAYNOR, AND ELGIN ISDS. SO WE'RE GOING TO LOOK AT EVERY ONE OF THOSE PROPERTIES RECEIVING 1D1 VALUATION IN THOSE IN THAT AREA TO MAKE SURE THAT COMPLIANCE IS UPHELD AND ANY ROLLBACKS THAT NEED OR ANY DEVELOPMENT THAT'S ONGOING IS ROLLED BACK APPROPRIATELY. WE ALSO HAVE 1,700 BEEKEEPING AND WILDLIFE REPORTS THAT ARE DELIVERED ANNUALLY TO OUR DEPARTMENT, AND SO WE'RE GOING TO REVIEW THOSE FOR COMPLIANCE AND MAKE SURE THAT THE VALUATION ASCRIBED TO THOSE IS CORRECT. AND THEN AGAIN, STARTING THAT WATERFRONT PROJECT, WE'RE GOING TO START WITH LAKE AUSTIN, MOSTLY BECAUSE IT'S FULL-LEVEL LAKE, AND THIS YEAR WE FINALLY GOT A FULL-LEVEL LAKE IN LAKE TRAVIS. BUT GIVING THAT ONE MORE YEAR TO ALLOW SALES TO COME THROUGH TO REALLY SHOW WHAT THE MARKET HOLDS WHEN THAT LAKE IS FULL, I THINK IT'S GOING TO WORK TO OUR BENEFIT. IT ALSO GIVES US A GREAT PILOT PROGRAM TO MAKE SURE THAT THE METHODOLOGIES METHODOLOGIES WE APPLY FOR LAKE AUSTIN WILL THEN TRANSFER TO LAKE TRAVIS. AS I SAID BEFORE, WE'RE ALSO GOING TO DO THAT COUNTYWIDE ZONING ANALYSIS ON ALL PARCELS, AND THAT'LL TAKE US TO 2028. IN 2028, WE'VE GOT. JUST OVER 29 AND A HALF 1000 [01:20:02] SCHEDULED INSPECTIONS. AGAIN, WE'RE GOING TO DO A LOT OF THIS IS JUST REPEATED ON A YEAR-TO-YEAR BASIS. BUT ALL THE BUILDER-OWNED SUBDIVISIONS ARE RURAL LAND VACANT, OUR RURAL VACANT LAND INSPECTIONS, AND THEN ASSUMING THE METRIC SUPPORT VALUATION ON LAKE AUSTIN WAS APPROPRIATE FOR 2027. WE'LL ROLL THAT SAME METHODOLOGY INTO LAKE TRAVIS FOR 2028. AGAIN, WE'RE GOING TO LOOK AT ALL THIS INTERIM SALVAGE USE, AND WE'RE GOING TO SHIFT OUR FOCUS FROM ON THE D1 STATE CODE REVIEW TO SUB AREA TWO, WHICH AGAIN IS THE MAJORITY AUSTIN. DELVAL, AND HAYES ISDS. 2028 BUSY YEAR FOR US BECAUSE WE'RE ALSO GOING TO REEVALUATE OUR CONDOMINIUM LAND TABLES AND ANY TRANSITIONAL LAND LAND TABLES THAT WE HAVE AS THE COUNTY CONTINUES TO EXPAND. WE NEED IT'S IT'S IMPERATIVE FOR US TO MAKE SURE THAT WHERE OUR LAND TABLES ARE EXPANDING WITH IT, AND AS PROPERTIES TRANSITION FROM RURAL TO SUBDIVISION OR RURAL TO URBAN, WE'RE KEEPING UP WITH THAT. I BELIEVE THAT'S ALL I'VE GOT. QUESTIONS, NICOLE CONLEY: MR. LAVINE? DICK LAVINE: YOU MENTIONED ABOUT YOUR COLLABORATION WITH THE OTHER DEPARTMENTS. I MEAN, THE THE QUESTIONS I GET FROM PEOPLE IS ALWAYS ABOUT THEIR HOUSE, THEIR THEIR RESIDENCE, AND HOW WHO SET THE LAND. AND SO, HOW DO YOU COORDINATE THAT WITH THE RESIDENTIAL APPRAISALS? NICK FRITZ: YEAH, THAT'S A GREAT QUESTION. ULTIMATELY, MY TEAM'S GOING TO GO THROUGH FIRST AND LOOK AT ANY LIGHTLY OR NOMINALLY IMPROVED PROPERTIES OR VACANT PARCELS THAT HAVE SOLD IN THE LAST YEAR TO TRY AND GET AN IDEA OF WHAT LAND ITSELF IS IS SELLING FOR, AND WE'RE GOING TO TURN THOSE LAND TABLES OVER TO THE COMMERCIAL AND RESIDENTIAL DIVISIONS, BUT WE COLLABORATE WITH THEM TO MAKE SURE THAT WHENEVER THEY ADD THE IMPROVEMENT VALUES TO IT, THAT THEIR VALUES COME OUT APPROPRIATE WITH THE MODEL THAT THEY'RE BUILDING IS APPROPRIATE, AND THAT WE HAVEN'T SET LAND VALUES THEN TOO HIGH OR TOO LOW, BASED ON ON WHERE THAT'S BEEN HISTORICALLY. IT'S BEEN AN ALLOCATION OF LAND VALUES BASED ON THE REPLACEMENT COST NEW, LESS DEPRECIATION ON THE IMPROVEMENTS THAT ARE ON THE PROPERTY. WE'LL STILL UTILIZE THAT TO A HIGH DEGREE, BUT WE'RE GOING TO DO MORE WORK TO EXPAND MARKET AREAS SO THAT WE'RE NOT KIND OF PIGEONHOLING OURSELVES INTO SMALLER AREAS TO MAKE SURE THAT WE HAVE A BROADER RANGE OF VACANT SALES THAT WE CAN APPLY TO THOSE VALUES. DICK LAVINE: ALTHOUGH THERE THERE MUST BE LOTS OF NEIGHBORHOODS WHERE THERE'S JUST NO VACANT LOTS. NICK FRITZ: ABSOLUTELY, AND THAT'S WHERE WE CAN DO A GOOD JOB OF USING THAT ABSTRACTION BY ALLOCATION FOR IMPROVED SALES, BUT ALSO MAKING SURE THAT WE ARE LOOKING AT MARKET AREAS THAT ARE OUTSIDE OF MAYBE THE ONE WE'RE LOOKING AT, AND MAKING SURE THAT THE LAND VALUES THAT WE'RE COMING, WE'RE ARRIVING AT, AREN'T TOO TERRIBLY DISSIMILAR FROM THE SURROUNDING AREAS WHERE MAYBE WE DO HAVE BETTER VACANT SALES. DICK LAVINE: BECAUSE I WAS GOING TO ASK WHICH COMES FIRST, BUT IT SOUNDS LIKE IT'S A FEEDBACK LOOP. NICK FRITZ: IT REALLY IS. WE'RE GOING TO TRY AND DO THE LAND FIRST, BUT IT REALLY DOES HAVE. WE HAVE TO WORK HIGHLY COLLABORATIVELY WITH THEM. DICK LAVINE: OKAY, AND THEN JUST A QUESTION ABOUT THE THE WATERFRONT. DO YOU HAVE ENOUGH INFORMATION? THAT'S ALWAYS BEEN AN ISSUE, MAYBE ON THE THE ONES CLOSER TO THE CITY, BUT NICK FRITZ: YEAH, ABSOLUTELY. I THINK WE WILL SEE. THAT'S THAT'S PART OF THE PILOT PROGRAM FOR LAKE AUSTIN, ESPECIALLY. WE'VE HAD ENOUGH INFORMATION HISTORICALLY TO VALUE THEM ON A FRONT FOOT BASIS. I THINK THAT EXPANDING THE VALUATION ON THEM TO INCLUDE THE OVERALL SQUARE FOOTAGE ABOVE THE WATER LEVEL IS ONLY GOING TO HELP US BECAUSE WE CAN THEN PULL FROM PROPERTIES THAT ARE ACROSS THE STREET AND NOT NECESSARILY WATERFRONT, AND THEN ADD A SEPARATE WATERFRONT VALUATION TO THE PROPERTIES THAT DO GET THAT BENEFIT. SO, IF ANYTHING, WE'RE WE'RE EXPANDING THAT DATA SET TO BE ABLE TO BE MORE ROBUST, DICK LAVINE: AND YOU DO HAVE TO DO IT FROM THE HIGH WATER MARK. NICK FRITZ: YES, SIR. YEAH. SO THAT'LL BE ANOTHER CHALLENGE TOO. IS WE'LL HAVE TO DO SOME ANALYSIS TO MAKE SURE THAT ANY PART OF THE PARCEL THAT'S BELOW THE WATER LINE IS ACCOUNTED FOR SEPARATELY. OKAY. DICK LAVINE: THANKS. NICK FRITZ: OF COURSE. YES, SIR. SHENGHAO WANG: SO, I JUST WANT TO CLARIFY. SO, PREVIOUSLY, BASED ON OTHER BOARD MEETINGS AND CONVERSATIONS, INFORMATION FROM FROM MS. MANN, MY UNDERSTANDING WAS THAT FOR MOST RESIDENTIAL PARCELS, THE LAND VALUE WAS KIND OF A. I DON'T WANT TO SAY MADE UP, BUT IT WAS IT WAS NOT, YOU KNOW, IT WAS NOT BOTTOM UP APPRAISAL. IT WAS IT WAS TOP DOWN PLUS ALLOCATION, AND AND SO I'M TRYING TO RECONCILE THAT WITH WHAT I'M HEARING HERE, WHICH IS THAT SOMETIMES IT IS BOTTOM UP. NICK FRITZ: IT'S NOT BOTTOM UP. IT WHEN WE GET A SALE OF AN IMPROVED PARCEL, OR WE'RE IN A MARKET SEGMENT WHERE ALL OF THE PARCELS. THAT HAVE SOLD ARE IMPROVED. THE LAND VALUE AT THAT [01:25:04] POINT REALLY IS AN ALLOCATION OF VALUE FROM ONE TO THE OTHER, AND WE DO OUR BEST TO MAKE SURE THAT THAT ALLOCATION FITS OUR MODEL. AND SO THE PUSH FROM THE DISTRICT AND THE THE THE GOAL THAT WE HAVE WITH THIS REAPPRAISAL PLAN IS TO TRY AND BROADEN OUR MARKET SEGMENTS AND TAKE A MORE OVERALL VIEW OF LAND TO CREATE EQUITY, NOT JUST WITHIN A MARKET MARKET SEGMENT, BUT ALSO THE SURROUNDING MARKET SEGMENTS, SO THAT WE CAN LOOK FROM ONE PLACE, ONE MAYBE FROM THE EAST SIDE TO THE WEST SIDE OF AN ALPHA RESIDENTIAL ALPHA TO MAKE SURE THAT THERE IS A TRANSITION OR A STORY THAT IS BEING TOLD THAT THAT REALLY INDICATES WHAT THE LAND IS DOING THE MARKET. SO MORE INTERNAL SHENGHAO WANG: CONSISTENCY. THAT THAT SO THAT WHAT I HEARD IN THE LAST PART IS THAT YOU KIND OF WANT SOME KIND OF INTERNAL GRADATION OR WHAT'S THE WORD I'M LOOKING FOR GRADIENTS. NICK FRITZ: YES, SIR. SHENGHAO WANG: AND OKAY, SO SOMETIMES YOU JUST CAN'T BECAUSE THERE'S NO UNIMPROVED, THERE'S NO VACANT PARCELS IN THE AREA. NICK FRITZ: RIGHT. SHENGHAO WANG: BUT EVEN IF THERE ISN'T, YOU'RE TRYING TO HAVE SOME KIND OF CONTINUITY IN IN THE ASSIGNED LAND VALUES. NICK FRITZ: YES, SIR. OKAY, AND THEN SHENGHAO WANG: SOMETIMES YOU DO HAVE UNIMPROVED PARCELS IN THE AREA. IN WHICH CASE, ARE THOSE SOMETIMES THEN BOTTOM UP OR? NICK FRITZ: OH, ABSOLUTELY. IF WE HAVE A VACANT LAND SALE THAT WE CAN WE CAN POINT TO AND IT FITS THE REST OF THE MODEL, WE WE WILL ABSOLUTELY UTILIZE THOSE, AND MAKE SURE THAT WE ARE ARE SETTING OUR LAND VALUES TO BE EQUITABLE WITH THOSE VACANT SALES. BECAUSE ULTIMATELY, IF WE IF WE AREN'T, THEN WE'RE NOT AT 100% OF VALUE FOR ALL PARCELS. SHENGHAO WANG: OKAY, AND THEN SHOULD ASK SOMETHING ABOUT WELL, OKAY, CAN'T REMEMBER RIGHT NOW, SO WE'LL COME BACK TO IT, OR MAYBE NOT AT ALL. BUT THANK YOU, NICK FRITZ: THANK YOU, NICOLE CONLEY: THANK YOU, SIR. NICK FRITZ: I BELIEVE THAT'S IT FOR ME. NICOLE CONLEY: SO I THINK WE HAVEN'T BEEN SHY WITH QUESTIONS TODAY, RIGHT? ANY ADDITIONAL QUESTIONS? ALL RIGHT. SO WE NEED A MOTION ON THIS, MISS MANN. WAIT A MINUTE. DICK LAVINE: YOU WANT A CLOSING COMMENT? WHICH WAS EXTREMELY INFORMATIVE. I REALLY APPRECIATE ALL THE EFFORT YOU PUT INTO THIS, AND YOU KNOW WE DO GET QUESTIONS, AND I'M A LITTLE BETTER PREPARED TO ANSWER SOME OF THEM. NICOLE CONLEY: THANK YOU, MR. LAVINE, AND THANK YOU TO YOUR STAFF WHO HAD TO COME AND SOME MANY FIRST-TIME PRESENTERS TODAY. SO, HOPEFULLY, WE WEREN'T TOO SCARY, AND HOPE TO SEE YOU BACK AT SOME SUBSEQUENT DATE WHEN WE ADOPT NEXT YEAR AND IN ANOTHER YEAR. ALL RIGHT. SO, DO WE HAVE A MOTION ON THIS ITEM? WE HAVE A MOTION FROM MR. ELFANT. IS THERE A SECOND? MR. LAVINE, THANK YOU SO MUCH, SIR. ALL IN FAVOR OF THE PROPOSED REAPPRAISAL PLAN AS PRESENTED BY THE CHIEF APPRAISER. ALL RIGHT, ALL IN FAVOR. THANK YOU SO MUCH. NOW WE'RE MOVING ON TO ITEM 5E, WHICH IS THE POSSIBLE ACTION AND NUMBER OF APPRAISAL REVIEW BOARD MEMBERS FOR 2027, LEANA MANN: AND TONY, DO YOU WANT TO JOIN ME? I DON'T HAVE COUNTS OF ARB MEMBERS, BUT FOR OUR 2027 BUDGET, WE DID NOT MAKE [e. Discussion and possible action on the number of Appraisal Review Board members for 2027] ANY CHANGE TO THE VOLUME OR NUMBER OF ARB MEMBERS WE NEEDED, SO WE ARE REQUESTING THAT THE ARB MEMBERSHIP BE AT 100 BUDGETED MEMBERS, WITH TOTAL MEMBERSHIP NOT TO EXCEED 125, WHICH IS THE SAME AS THE PRIOR YEAR. NICOLE CONLEY: ANY QUESTIONS FROM THE BOARD ON THIS ITEM? TONY TRAN: THIS WOULD BE. I WAS ASKING MS. BROOKS REGARDING MEMBERSHIP AND THE CURRENT NUMBERS. BUT IF YOU GUYS HAVE ANY QUESTIONS REGARDING IT? I'LL BE MORE THAN HAPPY TO SEE IF I CAN FIELD THOSE. SHENGHAO WANG: JUST YOU THINK THAT THIS WOULD BE SUFFICIENT TO MEET YOUR NEEDS NEXT YEAR? ABSOLUTELY. NICOLE CONLEY: AND THIS IS CONSISTENT WITH THE PREVIOUS YEAR, IF I'M NOT CORRECT. SO WE SHOULD BE WE SHOULD ERR ON THE SIDE IF WE'LL BE OKAY ON THAT ONE. SO, DO WE HAVE A MOTION ON THIS ITEM? OKAY, MR. WAYNE. SHENGHAO WANG: TO READ THE FORMAL MOTION LANGUAGE, NICOLE CONLEY: PLEASE DO. OKAY, SHENGHAO WANG: SO I MOVE TO PASS RESOLUTION 20260903 DASH 5E AS AN ECHO, WHICH IS THE RESOLUTION OF THE BOARD OF DIRECTORS OF THE TRAVIS CENTRAL APPRAISAL DISTRICT. DETERMINING THE APPROPRIATE NUMBER OF APPRAISAL REVIEW BOARD MEMBERS FOR 2027, [01:30:05] WITH AN ARB MEMBERSHIP OF 100 BUDGETED MEMBERS, AND WITH A TOTAL MEMBERSHIP NOT TO EXCEED 125 MEMBERS. NICOLE CONLEY: AND WE HAVE A SECOND. THANK YOU, MR. HANNA. ALL IN FAVOR OF THE MOTION AS PRESENTED. SO MOVED. LEANA MANN: THIS PROCESS WILL KICK OFF THE ARB RECRUITMENT, SO WE WILL START THAT AND COORDINATE WITH TONY TO GET THAT STARTED FOR OUR ELECTED MEMBERS. NICOLE CONLEY: NOW MOVING ON TO ITEM 5F, WHICH IS DISCUSSION AND [f. Discussion and possible action on Chief Appraiser's report to include: 2026 protest season, 2027 fieldwork, community outreach, and taxpayer experience snapshot] POSSIBLE ACTION ON THE CHIEF APPRAISER'S REPORT TO INCLUDE THE 2026 PROTEST SEASON, 2027 FIELDWORK, COMMUNITY OUTREACH, AND TAXPAYER EXPERIENCE SNAPSHOT. MISS MAN, LEANA MANN: THANK YOU. WE FINISHED OUR PROTEST HEARINGS FOR THE CURRENT YEAR MID-AUGUST. WE FINISHED AT 99.8% OF VALUE BEING CERTIFIED, SO THAT'S FANTASTIC. WE HAVE ABOUT TWO OR 300 ACCOUNTS THAT STILL NEED HEARINGS, AND THAT'S JUST DUE TO RESCHEDULING REQUESTS AND THINGS LIKE THAT. TOTAL NUMBER OF PROTESTS: 227,000 THIS YEAR. I DID WANT TO POINT OUT, SO LAST MONTH, MR. WANG ASKED A QUESTION ABOUT THE ELECTRONIC, ELECTRONICALLY FILED PROTESTS. THE NUMBERS WERE FLOPPED; THEY WERE NOT ACCURATE, AND SO I VERIFIED WE HAD 93% OF OUR PROTESTS FILED ELECTRONICALLY THROUGH OUR PORTAL, WHICH IS IN LINE WITH WHAT WE EXPECT BECAUSE WE HAVE SO MANY AGENT-FILED PROTESTS. WE ARE ALSO STARTING OUR FIELD WORK, AS WE'VE DISCUSSED. OUR STAFF, NOW THAT WE HAVE A ADOPTED REAPPRAISAL PLAN, WILL GET OUT IN THE FIELD AND START THEIR FIELD WORK FOR THE 2027 TAX YEAR. SO, FOR PROPERTY OWNERS, YOU MAY SEE TCAD STAFF OUT IN YOUR NEIGHBORHOOD. THEY'LL BE IDENTIFIED. THEY'LL HAVE A MAGNET ON THEIR CAR, THEY WEAR A BADGE, AND THEY OFTEN WEAR A T-CAD T-SHIRT. SO, IF YOU EVER SEE SOMEONE AND YOU'RE QUESTIONING IT, THE PROPERTY OWNER CAN CALL OUR OFFICE. OUR CUSTOMER SERVICE GROUP CAN CONFIRM THAT IS ONE OF OUR EMPLOYEES OR NOT. AND THEN IN AUGUST, OUR COMMUNITY OUTREACH TEAM WAS VERY BUSY. THEY HAD QUITE A FEW EVENTS, AND THEN SEPTEMBER WE ACTUALLY DON'T HAVE ANY. WE'LL PICK BACK UP IN OCTOBER WITH BOO THE FLU ON OCTOBER 10. OUR TAXPAYER EXPERIENCE SNAPSHOT. OUR CUSTOMER SERVICE GROUP CONTINUES TO DO A FANTASTIC JOB. THEY'RE RATED A 4.64 OUT OF FIVE, AND THEN OUR PROTEST SURVEY, OUR STAFF WAS RATED 4.37 OUT OF FIVE, AND WE ALWAYS ENJOY SEEING THE COMMENTS REGARDING OUR APPRAISERS AND HOW HELPFUL THEY ARE. THAT'S IT. I'M HAPPY TO ANSWER ANY QUESTIONS YOU MIGHT HAVE. NICOLE CONLEY: SECOND BY MR. ELFANT. THE MOTION IS MISSED. ANY FURTHER DISCUSSION? OH, SORRY. DID. THE BOARD IS NOW BACK IN OPEN SESSION TIME IS 240 5P.M. ON THE DOT. I WOULD LIKE TO MAKE A MOTION. I MOVE THAT THE BOARD AFFIRM THAT MISS MANN HAS OUR FULL SUPPORT AND AUTHORITY TO RESOLVE THE CASES LISTED ON ITEM 5G THAT THE BOARD AFFIRMS THAT SHE HAS OUR FULL SUPPORT AND THAT SHE CAN RESOLVE THEM AT HER DISCRETION. THANK [g. Discussion and possible action on Texas Disposal Systems Landfill, Inc. v. Travis Central Appraisal District, Cause No. D-1-GN-17-003382, including the legal effect of the verdict, potential post-verdict and post-judgment proceedings, and appellate considerations] YOU. IS THERE A SECOND? DID I CALL IT WRONG? WELL, WHO WANTS CREDIT, MR. LAVINE, OR WHICH? OKAY, MR. ELFONT. NO FURTHER DISCUSSION. I'LL TAKE THE VOTE. ALL IN FAVOR? AYE. THE MOTION CARRIES WITH ALL IN FAVOR, THANK YOU ALL. NOW WE'VE REACHED THE END OF OUR AGENDA. WE'RE READY TO ADJOURN. DO I HAVE A MOTION TO ADJOURN? MOTION BY MR. LAVINE, SECONDED BY MR. HANNA. ALL IN FAVOR OF ADJOURNMENT? AYE. THE MOTION PASSES. THANK YOU ALL. HAVE A WONDERFUL REST OF YOUR AFTERNOON. [03:10:14] I'LL TAKE THE VOTE. ALL IN FAVOR OF GOING TO EXECUTIVE SESSION? [03:10:18] AYE. THANK YOU. MOTION PASSES, AND SO WE'LL NOW CONVENE FOR [03:10:24] EXECUTIVE SESSION. THE TIME IS 01:10. [6. Adjournment] [03:10:45] MEETING IS ADJOURNED. TIME 02:46P.M. * This transcript was compiled from uncorrected Closed Captioning.