TOPIC

DESIRED OUTCOME

LEAD

TIME

Get organized

Introduce team members.  Approve minutes.  Review and agree on agenda.

Tim Maher

10:00 – 10:10

Joint discussion with the RPTAC Valuation Team

1. Identify valuation issues that impact the equalization program.

2. Identify next steps.

Tim Maher and Bob Aiken

10:10 – 11:45

Rules & Legislation Update

Understanding of status and impact of any law changes.

Jim O'Keeffe

11:45 – 12:00

Lunch

12:00 – 12:45

Case Study – review changes in full values in Jefferson County between the 2005 and 2006 equalization rates

1. Understanding of possible reasons for different changes in equalization rates and full values in Jefferson County.

2. Identify next steps and discuss any possible improvements to equalization rate process for future years.

Tim Maher and Curt Schoeberl

1:00 – 1:30

PDC process for 2007 and 2008 rolls

Identify how we can improve PDC process.

Tom Pinto

1:30 – 2:00

Use of sales in equalization rate process.

Identify appropriate criteria for use of sales in equalization rate process.

Tim Maher

2:00 - 2:15

Condominiums in market value surveys.

Identify proper classification of condominiums in the ORPS market value surveys.

Tim Maher

2:15 - 2:30

Procedures for 2007 equalization rates

Identification of any changes needed for 2007 rate procedures

Pat Holland

2:30 – 2:45

Update on Status of Trend Study being conducted by Bob Gloudemans

Status and feedback

Tim Maher

2:45 – 2:50

Meeting wrap up

Determine date, time and location of next meeting.

Tim Maher

2:50 – 3:00