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January 23, 2019

Tyler Technologies lands contract to conduct property reassessments for Portland

Courtesy / Archetype Architects
Courtesy / Archetype Architects
A rendering of the 86 Newbury development (right), looking down Newbury Street from Hancock Street. With all the development going on in Portland, and strong prices being shown for sales of existing properties, the city is launching a multi-year reassessment project to keep Portland compliant with state-mandated assessment laws and guidelines. Tyler Technologies CLT Appraisal Services has been hired to do the job.

About Tyler Technologies CLT Appraisal Services

Tyler's CLT Appraisal Services is the country's oldest and only national mass appraisal services offering. It has appraised nearly 33 million parcels of residential, agricultural, commercial, and industrial properties across 46 states. Tyler provides traditional mass appraisal services and technology-driven services using software that meets International Association of Assessing Officers standards and best practices.

Portland's Assessor's Office has retained Tyler Technologies CLT Appraisal Services to conduct a multi-year reassessment project for the city.

The project will start this year and continue through mid-2020, culminating in updated values that will be used for the fiscal year 2021 tax billing cycle. Tyler Technologies will be paid $887,215 for the work under its contract with the city.

Tyler also conducted the city's last revaluation, in 2006. Given the changes in Portland property values over the last 13 years, a revaluation is needed to keep the city compliant with state-mandated assessment laws and guidelines, according to a news release from city hall.

"The city selected Tyler's CLT Appraisal Services because of their expert-level experience, dependable service and knowledge of Portland," said the release. "Not only has Tyler conducted several of Portland's previous reassessments, but the assessor's office has used various Tyler appraisal and tax administration software solutions to manage its assessment and property data for over 20 years. In addition, the city is currently implementing Tyler software products for budgeting, finance, payroll, permitting, inspections and business licensing."

Scope of the work

Tyler will conduct a reassessment of the city's more than 24,000 properties. The project will kick off in mid-February and Tyler will have staff in the field by April to capture updated street-level images and perform data reviews of each property.

Each property will receive a property data mailer, building sketch and property data verification, market sales, cost and income and expense data analysis, field check and final review before assessment notices are sent to taxpayers.

Tyler will also conduct the appeals process at the conclusion of the project.

It will assist Portland's assessor's office in community outreach throughout the duration of the project. The first information mailing to property owners is scheduled for March.

"We're looking forward to partnering with Tyler on this project," City Tax Assessor Christopher Huff said in the release. "The property owners and taxpayers of the city deserve fairness and uniformity in the reassessment process and our number one goal is to bring that to them. We have to make it fair for everybody."

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