T2

T2 includes many preconfigured reports to facilitate the assessment of property within the state. Additional state-specific reports will be provided as required to meet the statutory requirements of the Assessor’s office. 

T2 uses a shared Master Name and Address file that contains the names and addresses of every taxpayer in the County. This file is shared between the Treasurer and Assessor (if both offices are running T2) and allows each office to make changes to keep the information as accurate as possible. 

T2’s Exemption Module allows users to manage the various levels of exemption that can be applied to a property based on its ownership. These exemptions can be configured to automatically roll forward to future years to streamline the exemption process for the County while still meeting the annual filing requirement.

T2 will allow users to create and manage TIF projects within the County. Properties involved in a TIF project will be designated by the system but still available for normal processing during the assessment cycle in the County.

T2’s Personal Property Module allows users to identify ownership of personal property records by the owner’s name, the owner’s Ownership ID Number, and the Parcel Identification number of the real property record where the personal property is located. Each personal property schedule can contain a virtually unlimited number of schedule items for each personal property record. Items can be automatically depreciated using the Net Book Depreciation Table. The Personal Property File allows user to enter penalty information for schedules that were filed beyond statutory deadlines. 

The T2 system was designed to be a complete property assessment tool. In addition to the setting of valuation information regarding properties it also creates and manages the tax roll for the County. The Rollover Module allows for step by step processing of the assessment and tax roll creation process between the Assessor and Treasurer offices. 

This multi-year appraisal system provides a Cost Approach module featuring licensed Corelogic Marshall & Swift cost data, as well as support for the Income and Sales Comparison approaches

The T2 Parcel Model allows the user to add an unlimited number of Objects to a parcel. These may include Residential buildings, Commercial buildings, Outbuildings, Land, etc. This provides a “menu” to detailed appraisal information about the parcel, including cost valuation, property photos, sales, corrections, and ancestry, among others. This model also allows the user to designate any Object or Value Slice to be Active or InActive. This allows the user to conduct “what-if” valuations of particular Objects (building, etc.), and yet it does not contribute to the total value. In addition, each Object can be set to determine if it “Rolls” over to the next roll year’s appraisal record.

T2 uses Marshall & Swift cost data. Marshall & Swift, owned by Corelogic, has the single most comprehensive database known in the marketplace today. Their integrated database combines two distinctive approaches to the gathering of information, making Marshall & Swift's method unique. They collect specific costs for labor and materials, establishing the "Building by Component" method of estimating. They also gather cost information that reflects "Building by Example," using breakdowns of the actual cost of constructing a building in the marketplace. 

T2 allows users to value all types of land using table driven valuation techniques. Residential land and commercial land are valued using similar tools (front foot, square foot etc.), and agricultural land is valued in the Farm Appraisal File using acres as the unit of comparison.

The valuation of residential and commercial land begins in the Neighborhood Land Table. This is a control table that stores information on various land valuation categories, typical amenities, standard lot depth, and assigned Appraiser by neighborhood or market area. The table allows the Appraiser to assign a default value with size breaks for square foot, front foot, units buildable, lots and acre.

Users can create a virtually unlimited number of market areas or “ag land neighborhoods” to adjust land valuation group values to better fit the actual market of individual areas of the County where those adjustments are warranted. 

A full-featured Sales Tracking module is available in the software. This tool also contains a Sales Analysis Analytic that can be used during the valuation process for ratio analysis. There is also an ability to export data to various external modeling tools. 

T2 includes a fully integrated version of Apex Software’s industry-leading sketch tool as part of the overall system with the ability to perform sketching of all improvements including residential structures, manufactured homes, commercial structures, and miscellaneous improvements (i.e. outbuildings, porches, swimming pools). It automatically calculates the square footage of each component and updates the database and is capable of handling multiple structures per record. 

T2 allows the user to manage physical, functional, and economic depreciation. This depreciation is handled on a per neighborhood basis, and can be assigned a specific appraisal zone. The Appraisal Zone table is used to determine what Marshall & Swift cost manual to use, if there is a cost factor to apply, and also gives the ability to assign different groups of records a different depreciation table to use for residential depreciation.

T2 CAMA allows users to check out data to field devices. Users can enter and edit data directly in the field. Synchronization takes place upon return to the office. This allows entry of appraisal data, sketching, or in-field photo management.

Every form with a record set can have unlimited attachments. Using this tool, you can attach files to parcels, buildings, owners, sales, and almost any other record you can see within T2.

Attachments can include Photos, Video, Spreadsheets, Scanned Documents, PDF, Etc. This allows the user to attach affidavits, PDF copies of tax statements, surveys, special assessment ordinances, building photos, assessment schedules, historical property cards, etc. Each attachment can be identified by Date, user-defined Type, a Description, and can also be designated as Public. This flag is followed by TaxSifter T2 web-based public access tools.

Like Attachments, every form with a record set can have unlimited comments. Using this tool, you can attach comments to parcels, buildings, owners, sales, and almost any other record you can see within T2.

Each comment can be identified by Date, User, Priority, a Description, and can also be designated as Public. This flag is followed by TaxSifter T2 web-based public access tools. In addition, the Print status indicates whether this comment will print on certain reports.

Most forms within T2 will have several help documents available. Upon selecting F1 or selecting the HELP hyperlink, a pop-up form will show the user all of the help options available. Help documents can include readable / printable documents, tutorial videos, and hyperlinks to reference documents within state agencies or known references such as IAAO.

Most reports output by T2 contain a bar code. Scanning this bar code navigates to that particular record within the application or to the form where that report was generated. This is particularly useful for locating a parcel based on a property record card.

T2 provides a comprehensive Query engine including relational operators such as less than, great than, equal, AND, OR, wildcards.