VI
Property Revaluation
Position Description
Computer Estimated Valuation (CEV) Specialist
The CEV Specialist is responsible for annually
maintaining the valuation of all properties on the database of the Tax
Assessor of the U.S. Virgin Islands at current market level. To
accomplish this, the CEV Specialist is in charge of maintenance and
updating of the real property database. The CEV Specialist organizes and
analyses real property market data. Specific tasks to be performed by
the CEV Specialist include the following:
Using specialized property tax valuation software
to update property values
Applying queries and other diagnostic tools to
ensure data accuracy and consistency
Organizing annual data collection activities of
the Office of the Tax Assessor
Inspections of properties that have sold
Inspections of properties where building
permits were taken out
Identifying properties whose data should be
verified
Analysis and quality assurance of market data
Sales
Construction costs
Commercial property income and expense data
Assessment ratio studies (ASR's)
Testing the market value level and dispersion
of the property tax base
Developing procedures to correct the market
value level and dispersion of the tax base to bring the level of
assessment to 100% and reduce dispersion resulting from changes
in the real estate market
Development of valuation models (formulas) to be
applied to property data to update values
Qualifications:
Bachelor's degree with a major in a quantitative
field (e.g., mathematics, statistics, finance, economics, computer
science)
Experience and expertise in MS office applications,
particularly Excel and Access
Experience in statistical analysis and (preferred)
use of statistical software package(s)
Background that includes working with database
applications
Training in the use of specialized techniques and
software will be provided to the successful candidate whose background
indicates the ability to learn and apply advanced technical tools and
practices.
Please send Resume and References to:
Office of the Tax Assessor
No. 18 Kongens Gade
St. Thomas, VI 00802
Attention: Mr. Martin
