Tax & Accounting Blog

Spatially-enabling Property Valuation & Tax Information

Aumentum, Blog July 8, 2013

By Chris Buscaglia
Product Manager, Spatial and Cadastre
Thomson Reuters

Thomson Reuters has developed a prototype extension to support seamless integration of spatial data into our Aumentum records, valuation and tax systems. The goal is to improve operational efficiency by, through integration, unlocking the power of location in government decision making. Imagine a more comprehensive set of information products that use assessment information to make better decisions in city/county planning, public works and engineering. From this a more accurate (mapped) picture emerges of the financial health and trends of our local property markets.

So what progress have we made?

This new development uses bi-directional communication to update the relevant assessment information on-demand and automated as part of the assessment workflow. This task has been performed in the past by exporting, transforming and loading data from two sources, often manually without automation.

Our customers have been telling us that they need more timely access to information both from within government and for constituents. So in addition to compiling the spatial data with the tabular assessment roll, when new splits, combines, and subdivisions are recorded the information is quickly routed through the system and work orders are automatically created and assigned. This improves the overall efficiency of mapping and assessment staff by reducing the lag time between processing and pushing workflows.

Since both the valuation and spatial parcel information have been seamlessly combined, the resulting layer can be used by many applications that need this information quickly and accurately. Departments within government can also see this updated information through internal facing applications that use the same information served by the Assessor’s office.

Not only does this make the process efficient within the Assessor department, it allows citizens to quickly see these updates on public facing portals and websites. This enables real estate professionals, developers, and others in the community to simply access a computer or mobile device to see the updates without having to make the trip to the Assessor’s office to see up-to-date information.

Importantly this spatial data integration supports and leverages hosted or cloud-based capabilities, or on-premise server scenarios. Using REST services, Aumentum is able to communicate with a hosted or on-premise servers, making the solution very flexible and simple. The solution also utilizes supported, sustainable productized functionality delivered by Esri and Thomson Reuters, so no need for custom development.

Improvements from this level of integration include streamlined data management workflows, improved data quality and access, focused information products and improved location-based analysis capabilities – ultimately it boils down to improved transparency. The pieces needed to visualize the health of local property markets already exists, we’re just putting it together to form one (mapped) picture.

This year at the 2013 Esri International User Conference, July 8-12 in San Diego, CA, I will be showcasing this work Tues., July 9 from 1:30 – 2:45pm in Room 15 B. You can also visit the Thomson Reuters team at our booth (1001).