November 2012
Dear Assessing Professional,
The Department of Local Government Finance (DLGF) will hold the First and Second Quarter 2013 continuing education courses from January 22 through May 9 at six locations.
Personal Property Tax
IN Course Number: IN 462
7.5-hours of continuing education credit by the Department of Local Government Finance
This course will begin with a discussion of the differences between real and personal property for tax purposes. The course will also cover the appropriate forms to be used by taxpayers for reporting personal property and the basic assessment methodology. In addition, the student will understand the basics of the Indiana personal property valuation process and understand the concepts of possession and ownership.
Income Approach to Valuation I
Course Number: IN 121
7.5-hours of continuing education credit by the Department of Local Government Finance
This course has two objectives. First, it is intended to provide students with a basic review of the income approach so that they are comfortable with the mechanics of the overall process. Second, the students will calculate value for an income producing property using a process called income capitalization and the IRV formula. Knowing two of the three components of the IRV formula, students will be able to algebraically manipulate the formula in order to calculate the unknown value.
Valuation of Manufactured Housing
Course Number: IN 112
7.5-hours of continuing education credit by the Department of Local Government Finance
Topics for this session include history, trends, how to distinguish between manufactured homes, modular homes, panelized homes and pre-cut or kit homes, financing and Internet sources for research and information. All three approaches to value will be discussed and examples given. Depreciation and gross rent multipliers will be extracted from actual market data. The workshop will conclude with two sections on questions and answers from assessors/appraisers and potential owners of manufactured homes.
Each class is seven and a half hours long, including one hour for lunch. Check-in is between 8:00 a.m. and 8:30 a.m. local time, and classes run from 8:30 a.m. to 4 p.m.
Locations
Columbus Indianapolis Fort Wayne Evansville Merrillville Terre Haute
Registration
There is no registration fee for DLGF continuing education courses. PLEASE CHECK OUT OUR IMPROVED REGISTRATION SITE AT WWW.IND-PACE.COM. This site will allow you to register, get directions, check your registrations and change and cancel your registrations. This will continue to be the preferred method of registration. You can also register by mail or fax by following the instructions on the following registration form.
All registrations must be received at least one week before the date of each class for which you are registering. If there is a change to the class location or if the class is cancelled we are not able to notify you if you have not registered for the class. Also, we cannot guarantee availability for those individuals who do not register by the deadline.
All registrations are processed on a first-come, first-served basis. To provide all members of the assessing community the opportunity to receive this information, please make copies and share the contents of this letter with your entire staff as well as your county Property Tax Assessment Board of Appeals members.
Registrations will be confirmed by e-mail only. If you do not provide an email address you will not receive a confirmation of your class registration so you are encouraged to register on the website.
Details
The DLGF’s continuing education provider for these classes is Briljent, LLC, an Indiana-based business with extensive experience in training design and facilitation. Your Registrar for classes is Lisa Harris. You can contact her at 260-247-9422 or via e-mail at lharris@briljent.com. If you cannot get ahold of Lisa Harris, you may also contact Lindsay at 260-247-9269 or via e-mail at lharris2@briljent.com.
Course manuals will be available onsite at check-in before class begins. Each student should bring a calculator, pens/pencils, and a highlighter. Wearing comfortable clothes is advisable. Temperatures may vary in classrooms, so a light jacket or sweater is recommended.
