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42.18.131    SPECIFIC OBJECTIVES OF THE 2015 REAPPRAISAL

(1) Specific objectives for the department's 2015 reappraisal include but are not limited to:

(a) attaining statewide equalization of property values in accordance with the law;

(b) continually improving the collection of information concerning the characteristics of property and encouraging taxpayers to help update property characteristic information used for reappraisal;

(c) maintaining the high standard of accuracy of market values for residential and commercial property achieved in the 2009 reappraisal;

(d) continuing to conduct its mass appraisals in accordance with the most current uniform standards of professional appraisal practices, which encompasses and includes the mass appraisal standards of the International Association of Assessing Officers (IAAO);

(e) expanding, more widely and uniformly across the state, the use of the income method of valuing commercial property whenever the information necessary to do so is available;

(f) maintaining the high standard of scientific objectivity of the productivity valuation systems for agricultural and forest land valuation attained in the 2009 cycle and continuing to refine those systems as improved data, including objective data concerning local conditions affecting land productivity, becomes available;

(g) improving written and electronic communications to property owners concerning the reappraisal process, through enhanced electronic services;

(h) expanding information available concerning property tax assistance programs; and

(i) maintaining staff training on personal communications and taxpayer rights to achieve productive and respectful relationships with the citizens of Montana.

History: 15-1-201, 15-7-111, MCA; IMP, 15-7-101, 15-7-111, 15-7-112, 15-9-101, MCA; NEW, 2012 MAR p. 2641, Eff. 12/21/12.

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