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Michael was recently called by the county appraisers office to provide support in an ad valorem appraisal assignment. The county has recently approved a new
- Michael was recently called by the county appraisers office to provide support in an ad valorem appraisal assignment. The county has recently approved a new office complex in which the developer has asked for tax increment financing from the county. In this assignment Michael is asked to evaluate for tax purposes the value of the new office complex, so that the county can project tax revenues that will come from the complex in order to value the bond they will use for providing tax increment financing to the developer. Is this a mass appraisal assignment?
- Yes, this is a large complex that will impact the area
- Yes, the tax revenue stream will continue for years into the future
- Yes, this assignment has come from the county
- No, this is a single complex that is being evaluated
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