FY2028 and FY2029 Interim Updates: This project is to be done reflecting parcel values as of December 31 for each fiscal year. The services to be performed are as follows: Analyze recent property sales Create a sales database file. Create and analyze a sample of the income and expense file. Run sales ratio study reports by DOR specifications, grouping and stratifications Analyze sales ratio reports according to DOR specifications. Create a new cost/market land and building model tables to reflect desired ratios, medians and COD’s according to DOR specifications. Recalculate new values utilizing new model tables. Implement and test new pricing models and re-analyze ratio reports to meet DOR specifications. Implement new residential and commercial/industrial/exempt cost/market tables into the main database file. Assist with DOR Interim adjustment form.
