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Auditor’s Real Estate Featured in British Industry Newsletter
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Auditor’s Real Estate Featured in British Industry Newsletter
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 The British Urban and Regional Information Systems Association, BURISA for short, is an informal, non-profit association of practitioners who share a common interest in the use, management, and development of information systems for services to the public. BURISA’s aim is to promote better communication within the public service sector through its newsletter and periodic conferences and workshops.
In the December 2003 BURISA newsletter, an article entitled “Value Maps: The next Utility?” featured advances the Lucas County Auditor’s Office has made with AREIS (Auditor’s Real Estate Information System). The author, Tony Vickers, stated “AREIS is state of the art in the emerging field of Value Mapping: putting property values on the map.” Potential uses of value maps were last studied in Britain in the mid 1970s. Impact studies are currently underway to study the effects of instituting a land value tax (LVT), which might be the answer to Britain’s rebalancing funds currently over-dependent on centre and general taxes. Tony Vickers is hoping to be able to visit Lucas County, apart from a number of places, where “...Value Maps either have been or are becoming standard tools for urban planners and tax assessors1.”
According to Vickers, value maps will make observable, interactions between valuation and the economic behavior of individuals and communities. This in turn allows the property market to operate more efficiently and the process of undertaking a valuation, less costly. Lucas County, with already established valuation methods such as Computer Aided Mass Appraisal (CAMA), might find that “.... For these reasons Lucas County, despite not using LVT, might find many valuers and GIS analysts beating a path to their door in search of the not-so-secret art of what German calls ‘the next utility’: the municipal Value Map2.”
To read the full article, click here. You will need Adobe Acrobat Reader to view this file.
References
1 Vickers Tony (2003) Value Maps: The Next Utility (in BURISA, Dec. 2003, No.158, pp 2-5).
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