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2014-01-08 Board of Ethics Minutes
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2014-01-08 Board of Ethics Minutes
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control to do that, to change those inputs, and he can do that at a neighborhood level or <br />a mass island-wide level. <br /> <br />MR. HENRICKS: It gets complicated, doesn’t it. <br /> <br />MR. ADAMS: What’s that? <br /> <br />MR. HENRICKS: I said it gets complicated. <br /> <br />MR. ADAMS: Well, it is complicated. <br /> <br />MS. NAHOOPII: It is complicated. <br /> <br />MR. HENRICKS: Okay, let me ask a question, then, a simple question. This one, maybe I <br />can handle this one a little bit better. Let’s say my home. All right, you’ve got me <br />appraised at $250,000 from my tax appraisal, okay? That comes out of your <br />department, right? Okay, but you made a mass appraisal in my area, in my <br />neighborhood. How come the other homes have different numbers on theirs? <br /> <br />MS. NAHOOPII: Oh, there could be a couple of different reasons for that. It could be <br />based on the model, whether the increment or decrement changed. It could be— <br /> <br />MR. HENRICKS: --But who would determine that? <br /> <br />MS. NAHOOPII: Well, a lot of the increment and decrement that changes--or you mean <br />just on your land value, or are you talking about your total assessed value? <br /> <br />MR. HENRICKS: Okay, let’s make it simpler. My next door neighbor’s house is appraised <br />at $350,000. How did you know the difference, if you’re doing a mass appraisal? <br /> <br />MS. NAHOOPII: Because the computer knows the difference. Because your buildings <br />may be different, so your cost is going to be different. His house might be older, the <br />depreciation would be different. <br /> <br />MR. HENRICKS: But who’s making all that up? Who’s determining all that? <br /> <br />MR. ADAMS: You have some models. <br /> <br />MS. NAHOOPII: Oh, when you go out to look at the house, when they pick up the <br />building originally— <br /> <br />MR. HENRICKS: --Who’s looking at the house? <br /> <br />MS. NAHOOPII: When they go back out later on, it would be the appraiser for the area. <br />But the appraisers cannot do their own dwellings. <br />24 <br /> <br />
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