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• Alternatives, yes they could have more data collectors there but <br /> the first step is to collect usable data, set up the system, set up <br /> what data needs to be collected and then send additional <br /> people out to gather that information <br /> c Mr Price stated <br /> • Wanted to go back to something that Mr Sitko provided the <br /> committee with and it's called the Finance Department Real <br /> Property Tax Division Sales Ratio Analysis In that the division <br /> is stating that this is what your commercial parcels are They <br /> separated that very nicely <br /> c Mr Sitko remarked that it was the first time that they attempted to do <br /> that <br /> Ms Wille questioned as to what page Mr Price was looking at <br /> Mr Price responded- <br /> • It was provided to the committee and the information was on <br /> page 7 of the document <br /> • It seems like the division should have enough data from <br /> residential condominiums to do condominiums because they <br /> have previous data <br /> • They can go back five years instead of waiting three years to do <br /> the work <br /> • When it comes to commercial parcels, they have not broken it <br /> out like they are now talking about <br /> 1 Mr Sitko responded that with 81 sales the coefficient of dispersion is <br /> pretty wild there too <br /> Mr Price stated <br /> • That is what he was getting at <br /> • What good is doing any report on that if the coefficient of <br /> dispersion is really out of line? <br /> • They have 81 sales but they are saying that they would like to <br /> do this and that and this <br /> • They cannot do that with this 81 and then go back a couple of <br /> years or three years and bring that data forward and say okay I <br /> know where we are at now <br /> Mr Sitko stated that he did not understand what Mr Price was asking <br /> Ms Wille stated how quickly this could be done and the division <br /> responded three years <br /> o Mr Price questioned. <br /> • Why wait three years? <br /> • They already have their commercial appraiser on board <br /> • The appraiser can take their data from the previous three years <br /> or the previous five years, bring that up to date and have a <br /> starting point for 2013 <br /> • Apply some of that data to 2014 plus their new information. <br /> • Why are they waiting, that was his question? <br /> Mr Sitko responded <br /> • Yes they would be looking back at sales for five years and that <br /> is standard <br />