The Trend Table relates to the value of a Personal Property Schedule Item trending up in value. The Trend Table drives the trend amount in the Item Type Table.
- The Trend Table values come from the OTC and are updated yearly around December 1st. LandMark sends out update notices to all counties.
- If the OTC has an item trending, LandMark will trend that item by default.
- Updating the Trend Table occurs as part of Process Pending Accounts.
- IMPORTANT: IF a county does Process Pending Accounts after tax roll in October/November, the old trend tables will still be in effect. Those counties will need to Update Trend Tables and Recalculate Personal Property Files in December (before Printing Renditions) after the new trend values come from the OTC.
User may choose to override, however, must acknowledge the override.
To view the Trend Table from the Personal Property File go to:
View — Personal Property Tables — Trend Table
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