Tyler Technologies Inc. announced it signed an agreement valued at more than $5 million under which Franklin County, Ohio, will use CLT Appraisal Services for its triennial property appraisal. The three-year contract will include new construction appraisals, as well as a state-mandated triennial update to review and adjust values to homes.
Over the course of the three-year appraisal process, Tyler Technologies will help Franklin County collect and verify property data to bring base values up to date for fair and equitable taxation.
Tyler and Franklin County have a longtime partnership, and the county currently uses Tyler’s iasWorld CAMA property assessment software to manage all property data and every phase of the property appraisal process, the release stated.
“With CLT Appraisal Services, Tyler Technologies offers the only national mass appraisal service in the country, and we earned Franklin County’s significant business based on merit,” Jake Wilson, vice president and general manager of appraisal services for Tyler Technologies, said in the press release. “Accurate values are critical to a sound foundation for tax assessments and reliable information for county leaders who set the budget.”
Tyler’s CLT Appraisal Services is the nation’s oldest mass appraisal solution and has been used to appraise nearly 35 million parcels of residential, agricultural, commercial and industrial properties across 46 states. Franklin County is the most populous county in Ohio, with more than 1.2 million residents.