Introduction to New, Loss, Adjustments, Additions and Losses
Instructor: Paula Grivins-Jastifer, MMAO/4
Matthew Raftary, MAAO/3
October 23-24, 2024: Wednesday and Thursday 8:00am-5:00pm
Course Description - This class will involve a brief discussion of the history and definitions of equalization new, loss, and adjustment as well as Headlee and capped value additions and losses. Students will learn to determine new, loss, adjustment, additions and losses and the differences between Headlee and capped value additions and losses as they apply to the capped value formula. The instructors will guide students through study problems involving splits and combinations, exemptions, new construction, Board of Review actions, etc., and calculate assessed, capped and taxable values based upon various scenarios. Students will also be exposed to various input and data entry processes using BS&A Software’s Equalizer Program. A silent, portable calculator is required.
Recommended for: All Assessors
16 Hours of Continued Education Credit
Limit 35 Students