Updating Personal Property Trend 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.

For each personal property entry, a check will be done to see if the trend year matches the assessment year in the Country Information Table. If user runs Process Pending Accounts before the new trend tables have been imported/updated, the following message will appear.

To Import the most current Trend Table available:
Appraisal File — Personal Property — Tools — Import Trend Rates

Once the Trend Table has been updated:
RECALCULATE the Personal Property File (BEFORE printing Renditions) by going to: Tools — Recalculate File

CLICK Yes