Neighborhood Analysis has been added to the Southwest Conference taking place in Collinsville, October 9 – 11, 2019.

This Neighborhood Analysis course will provide a comprehensive look at the importance of neighborhoods in mass appraisal. This course will provide insight on the development of neighborhoods in Illinois from a geographic and structural perspective.

Topics include:

• stages of neighborhood development
• influence of Illinois property tax incentives on neighborhood stability
• economic principles that influence neighborhood development
• major factors used in determining neighborhood boundaries for assessment purposes

This course includes a review of the statistics used in sale ratio studies and the equalization procedures used by assessing officials and the Illinois Department of Revenue.