Title
Los Alamos County Assessor Valuation and Maintenance Plan.
Recommended Action
I move that Council approve the Los Alamos County Assessor Valuation and Maintenance Plan.
Administrator's Recommendation
The County Manager recommends that Council approve the motion as presented.
Body
In accordance with 7-36-16 (E) NMSA 1978, to aid the County Council in determining whether the county assessor is operating an efficient program of property valuation maintenance and in determining the amount to be allocated to him for this function, the county assessor shall present with his annual budget request a written report. The report contains improvements of property added to valuation records during the year, additions of new property to valuation records during the year, increase and decrease of valuation during the year, the relationship of sales prices of property sold to values of the property for property taxation purposes and the current status of the overall property valuation maintenance program in the county.
In accordance with 7-38-38-1 D NMSA 1978, expenditures from the Property Tax Valuation fund shall be made pursuant to a property valuation program presented and approved by the majority of the County Councilors.
Fiscal and Staff Impact/Planned Item
No fiscal impact for this approval; expenditures from this Valuation Fund for related appraisal projects will be submitted to the County Council during the regular budget cycle for approval.
Attachments
A - Los Alamos County Assessor Valuation and Maintenance Plan
B - 2018 Valuation and Maintenance Plan Presentation