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The Honorable Mr. Douglas Wolf – Assessor Laura Andonie – Chief Deputy Assessor

The Honorable Mr. Douglas Wolf – Assessor Laura Andonie – Chief Deputy Assessor Malina Lopez – Personal Property Manager. HOT TOPICS IN PROPERTY TAX:. Valuation of Energy Efficient Building Components. Valuation of Energy Efficient Building Components. Definitions

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The Honorable Mr. Douglas Wolf – Assessor Laura Andonie – Chief Deputy Assessor

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  1. The Honorable Mr. Douglas Wolf – Assessor Laura Andonie – Chief Deputy Assessor Malina Lopez – Personal Property Manager

  2. HOT TOPICS IN PROPERTY TAX: Valuation of Energy Efficient Building Components

  3. Valuation of Energy Efficient Building Components • Definitions • Exempt Property vs. Adds NO VALUE • Arizona Revised Statues ~42-1204 A & ~42-11054 C(3) • State by State or National Issue • Article • Where does Arizona stand? ---Settlements--- • Frito Lay vs. Pinal County Tax Court Results • Where can we get data? • Becoming a CSI

  4. What are you talking about? • Energy Efficient Building Components • Means high performance sustainable building components installed so that the building can meet or exceed the energy efficiencies prescribed by the US environmental protection agency energy star program or by a leadership in energy and environmental design green building rating standard developed by the US green building council or that are at least 15% more energy efficient that the international energy conservation code in effect at the time of the building permit issuance. • Renewable Energy Equipment • Means equipment that is used to produce energy primarily for on-site consumption from renewable resources, including wind, forest thinnings, agricultural waste, biogas, biomass, geothermal, low-impact hydropower and solar energy

  5. “Exempt” vs. Adds “No Value” • ARS ~42-1204 ‘Property Exempt from Levy’ • A. The following property is exempt from levy: • Clothing and school books • Fuel, furniture, personal effects, arms for personal use, livestock and poultry • Books and tools for trade, business or profession • Mail • Child Support • Types of wagesor salary • C. Notwithstanding any other law of this state, no property or rights to property shall be exempt from the levy provided in this article other than the property specifically made exempt by subsection A of this section.

  6. “Exempt” vs. Adds “No Value” • Arizona Revised Statue ~42-11054 ‘Standard Appraisal Methods and Techniques’ • C(3) EEBCs, REE and combined heat and power systems are considered to add no value to the property, if the property owner provides the county assessor with documentation of all elements that qualify pursuant to this paragraph, including documents showing actual acquisition and installation costs. The documents must be submitted to the county assessor no later that 6 months before the notice of value is issued for the initial valuation year. • These “components or systems” add no value. Meaning that the components or systems added or upgraded to equipment (like a boiler) adds no value to the equipment (boiler). But there is still a boiler. Right….. “Bio Mass” Boiler.

  7. State by State or National Issue • 26 Articles (Pink Folder) from 26 different states • Charlotte City Council approves break, Mecklenburg County is still paying the price, Feb 2015 • The County of Dallas approves break, still hasn’t seen the increase in tax base, Dec 2015 • San Bernardino County blocks them in. ($95,552,691 FCV in 2016, $130,020973 in 2019!!) • 46 years old on 37 acres, with no room for expansion at 90,000 sqft • Casa Grande is 32 years old on 283 acres, with expansions in 1999, 2010, and 2012, 160,000 sqft

  8. Where Does AZ stand?

  9. 2011 Boiler = $12,043,265 2011 Boiler Feedwater = $499,745 2011 Boiler Deaerator $558,400 2011 Air Quality Control System $1,834,958 2011 Fly Ash Handling = $463,615

  10. 2012 Boiler Safety UPG $102,609 2011 Fuel Handling = $2,415,573 2014 Boiler- Biomass UPG = $6,200 2014 Boiler Modification = $24,188 2011 Boiler $12,043,265 2011 Fly Ash Handling $463,615 2011 Boiler Deaerator $558,400 2011 Air Quality Control System $1,834,958

  11. Frito Lay vs. Pinal County Tax Court Results • Audited 2014, 2015 and 2016 FCV From To Settled • 2014 $26,838,528 to $49,957,132 settled $26,838,528 • 2015 $26,586,159 to $51,111,919 settled $26,586,159 • 2016 $27,588,191 to $53,050,661 settled $31,501,853 • 2017 $37,735,680 settled $29,157,526 • 2018 $27,193,704 • 2019 $26,380,543 • San Bernardino County 2016= $95,552,691 / 2019 = $130,020973

  12. Valuation of Energy Efficient Building Components • Definitions • Exempt Property vs. Adds NO VALUE • Arizona Revised Statues ~42-1204 A & ~42-11054 C(3) • State by State or National Issue • Article • Where does Arizona stand? ---Settlements--- • Frito Lay vs. Pinal County Tax Court Results • Where can we get data? • Becoming a CSI

  13. Questions????

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