|
DEPARTMENT OF MANAGEMENT AND FINANCE
REAL ESTATE ASSESSMENT
PROGRAM MISSION: To provide for fair
taxation of Arlington property.
The Real Estate Assessment
program is responsible for making annual appraisals of all real property in
Arlington County (except for state assessed public service corporation
property, railroad and pipeline property); notifying owners of assessments;
maintaining a record of property ownership; responding to inquiries concerning
assessment procedures; conducting administrative reviews of assessments; defending
assessments before the Board of Equalization; and providing assistance to the
County Attorney for legal defense of assessments.
|
Real Estate Assessment
|
|
FY 2002
|
FY 2003
|
FY 2004
|
% Change:
|
|
Actual
|
Adopted
|
Proposed
|
'03 to '04
|
|
Personnel
|
$1,248,709
|
$1,446,315
|
$1,452,949
|
-
|
|
Non-Personnel
|
96,431
|
138,819
|
151,452
|
9%
|
|
Subtotal
|
1,345,139
|
1,585,134
|
1,604,401
|
1%
|
|
Intra-County Charges
|
-
|
-
|
-
|
-
|
|
Total Expenditures
|
1,345,139
|
1,585,134
|
1,604,401
|
1%
|
|
|
|
|
|
|
Fees
|
-
|
-
|
-
|
|
|
Grants
|
-
|
-
|
-
|
-
|
|
Total Revenues
|
-
|
-
|
-
|
-
|
|
|
|
|
|
|
Net Tax Support
|
$1,345,139
|
$1,585,134
|
$1,604,401
|
1%
|
|
|
|
|
|
|
Authorized FTEs
|
21.0
|
21.0
|
21.0
|
-
|
|
Funded FTEs
|
21.0
|
21.0
|
21.0
|
-
|
SIGNIFICANT BUDGET HIGHLIGHTS:
- Non-personnel
increased by 9 percent, primarily due to the inclusion of an additional $10,000
to fund annual real estate assessment ratio studies.
PERFORMANCE MEASURES:
|
|
CY 2001
|
CY 2002
|
CY 2003
|
CY 2004
|
CY 2004
|
|
Actual
|
Actual
|
Estimate
|
Estimate
|
Target
|
|
Mission
Outcome Measures
|
|
|
|
|
|
|
Assessment/Sale Ratio
|
.83
|
.83
|
.90
|
.90
|
.90
|
|
Coefficient of Dispersion
|
.10
|
.10
|
.10
|
.10
|
.10
|
|
Price related
differential
|
1.01
|
1.01
|
1.00
|
1.00
|
1.00
|
-
The price related
differential (PRD) measures assessment equity between low-value and high-value
properties. Acceptable values of the
PRD range from 0.98 to 1.03.
Objective:
Annually, to assess uniformly all real estate in the County at fair
market value.
|
CY 2001
|
CY 2002
|
CY 2003
|
CY 2004
|
CY 2004
|
|
Actual
|
Actual
|
Estimate
|
Estimate
|
Target
|
|
Workload Measures
|
|
|
|
|
|
|
Real property
tax base ($ in billions)
|
$23.5
|
$27.1
|
$31.0
|
$32.2
|
$32.2
|
|
Parcels
appraised
|
57,850
|
58,089
|
58,545
|
59,000
|
59,000
|
|
Parcels
inspected
|
3,500
|
3,000
|
6,000
|
6,000
|
6,000
|
|
Board of
Equalization appeals
|
326
|
323
|
400
|
400
|
400
|
|
Parcels
reviewed
|
601
|
851
|
800
|
800
|
800
|
|
Deeds and wills
reviewed by Real Estate staff
|
6,037
|
7,249
|
6,500
|
6,500
|
6,500
|
|
|
|
|
|
|
FUTURE BUDGET CONSIDERATIONS:
-
Integrating the real estate assessment data base with County
information systems, installing contemporary document management technologies,
and developing fully the computer assisted mass appraisal (CAMA) system to
build a comprehensive computer assisted assessment system (CAAS) will require
additional resources.
-
The increasing complexity and volume of real estate
assessments will create the need for additional staff resources and associated
legal fees.
|
