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Of VBP Making the most Connie Spinoso and Terry Maguire Valuer-General Victoria.

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Presentation on theme: "Of VBP Making the most Connie Spinoso and Terry Maguire Valuer-General Victoria."— Presentation transcript:

1 Of VBP Making the most Connie Spinoso and Terry Maguire Valuer-General Victoria

2 Overview Uses for valuation data Benefits of mapping Revaluation Outcomes 2006 Revaluation issues including GTCs, objections and supplementary valuations

3 Valuation Data Close Up What do you get as part of the Valuation Process?  63 common data elements, updated every 2 years  Accurate and timely valuations, independently audited by VGV  Land Classification Codes on each property  Quality and Condition codes  A marketable and useful database when data is properly collected

4 Valuation Data Close Up What can you do with this data?  Strategic Planning  Property Type analysis  Valuation mapping  Rate modelling (testing scenarios)  Spatial Analysis of objections  Communication materials/strategies

5 Spatial Data VICMAP – A partnership between Local and State Government  Councils provide changes/updates to State Government (via M1 and M2 forms)  State Government manages the spatial data model and pays for maintenance/updates  Revised map bases are provided back to Councils at regular intervals VICMAP provides statewide coverage of  Property and Parcel boundaries  Roads and Address points  Planning Scheme

6 Spatial Data VICMAP – Backbone of council systems  Many council processes are spatially based  Valuation Best Practice encourages mapping of valuations to identify anomalies early in the process  Mapping lends itself to all Council departments – planning, animal registration, route planning for garbage collection  Saves time and money

7 Mapping Demonstration

8 Mapping – Statewide Outcomes

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10 Revaluation Issues Valuer-General Victoria Achievement Award 2006 for Leadership in VBP Valuation of Land Act Amendments - Update Tendering for Valuation Objections Supplementary Valuations

11 Questions Further Information Connie Spinoso Manager Spatial Information Terry Maguire Manager Certification


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