Continuing Education

 

Arkansas CAMA Technology, Inc. (ACT) is the only mass appraisal company in Arkansas to provide a continuing education program for its employees, its clients, and other interested parties.

ACT courses offered include the following:

  • Basic Entry & Assessment Administrative Data Management
  • CAMA System’s Residential Listing & Valuation Methodscontinuinged
  • CAMA System’s Commercial-Industrial Listing & Valuation Method
  • SPSS Reports for Sales Chasing & Sales Ratio Compliance in Arkansas

 

ACT’s classes are currently approved for continuing education (hours) credits by the Arkansas Appraisal Licensing & Certification Board (AALCB) and the Assessment Coordination Department (ACD).

 

All classes are held at ACT’s Continuing Education Lab.

This classroom is located at:

432 Ouachita

2nd Floor Suite D

Hot Springs, AR 71901

(immediately across the Street from the Garland County Courthouse to the Northeast).

In an effort to provide participants with the best possible instruction, each class is limited in size. If there is more or less demand than anticipated the class dates will be changed accordingly.

 

Basic Entry & Assessment Administrative Data Management Workshop

 

(This course has been approved for 17 hours of continuing education.)

The Basic entry portion of the workshop is designed to educate the student on using Arkansas CAMA Technology software to enter both residential & commercial property record cards. In addition the student will learn the basic mechanics of the CAMA system, as well as running reports to identify data entry errors.

The Assessment Administration portion of this class is designed to educate the student on the administrative mechanics of the CAMA software. The course will provide for descriptions of the numerous CAMA tables, & their functions.

The instructors will give a brief overview of the administration of Amendment 79, & how it may pertain to homesteads, deed transfers, new construction, corrections, & parcel maintenance.

Students will learn how to extract or query data by using the reports provided within the CAMA system.

This course provides participants with “Hands On” computer experience with the CAMA software.

 

CAMA System’s Residential Listing & Valuation Methods

 

(This course has been approved for 18 hours of continuing education.)

This workshop is designed to educate students on using Arkansas CAMA Technology’s CAMA software to develop market value of residential properties for mass appraisal & ad-valorem taxation.

Students will learn of the appropriate methods for on-site data collection & the importance of data collected from each parcel; data to be entered into the CAMA system. The two instructors will identify & explain the numerous fields of the Property Record Card (PRC) in great detail.

Particular attention will be given the rules & regulations of the Assessment Coordination Department’s property listing requirements. The CAMA system provides for visual summaries of field data collected by the appraisers. The instructors will assist students in the understanding of improvement classifications, depreciation, etc.

There will be discussions & explanations on techniques for structuring the database, editing data entry, edit reports for valuation, land valuation, adjusting sales data for time, development of market factor adjustments, & analytical valuation reports.

This course provides participants with “Hands On” computer experience with the CAMA software.

 

Commercial-Industrial Listing & Valuation Methods

 

(This course has been approved for 13 hours of continuing education.)

The first portion of the class will focus on the importance of data collection, (including how best to manage on-site inspections) as an integral part of the mass appraisal process. The two instructors will focus on how to manage on-site inspections & the importance of data collected from each parcel; data to be entered into the CAMA system.

Participants will discuss items such as classification & quality of the improvements, occupancy, depreciation, & other elements that may influence the overall value of the subject parcels. Students will be provided with pertinent reference material, case study examples, & a thorough review of a typical property record card.

The second portion is designed for the participant who will be directly involved in the mass valuation of commercial & industrial parcels for assessment administration.

Topics of discussion will include in part: a review of mass appraisal valuation techniques. Two ACT instructors will attempt to provide the students with a clear understanding of how to implement & interpret, field & market extracted data generated from CAMA system reports.

(In some instances spreadsheet software outside the CAMA system, such as Excel, Lotus, etc. may be used to provide for additional analysis function capabilities)

This course provides participants with “Hands On” computer experience with the CAMA software.

 

SPSS Reports for Sales Chasing & Sales Ratio Compliance in Arkansas

 

(This course has been approved for 10 hours of continuing education.)

This workshop will cover several topics to help assessors, valuation specialists, & anyone involved in the valuation process understand their ratio study in order to meet Assessment Coordination Department & IAAO requirements.

The workshop will emphasize queries, reports, & ratio study reports prepared with SPSS. SPSS for Windows is the top-selling statistical software package for PCs & is used by the ACD in preparing ratio study reports.

Students will learn several logic edits that will assist them in cleaning up their data before a ratio study. Logic edit topics will cover property characteristic data, valuation data, & sales data.

A general overview of how to prepare a ratio study will also be covered. Typical problem areas concerning market stratification, level of appraisal, COD, & PRD will be discussed in conjunction with prepared ratio studies used as examples.

The third part of the workshop will help the student interpret the ratio study report prepared by the Assessment Coordination Department & how it applies to the ACD & IAAO rules & regulations. Ratio studies using the ACD format will be used as case study examples.

This workshop does not include “Hands On” experience preparing ratio studies using SPSS.