PLANO, Texas--(BUSINESS WIRE)--Tyler Technologies, Inc. (NYSE: TYL) has signed an agreement with Monroe County, Pennsylvania, for a countywide reassessment using Tyler’s CLT Appraisal Services™ and modern iasWorld® property appraisal and tax administration software.
The contract, valued at $6.4 million, includes image collection, data collection, analysis and valuation of the more than 103,000 real estate parcels in the county and installation of the iasWorld software suite with functionality for computer-assisted mass appraisal (CAMA) and tax billing and collections. Also included in the contract are several add-on features such as iasWorld Inquiry & Appeals™ to better manage the property appeals process; iasWorld Field Mobile™ for collecting and reviewing property data in the field; and iasWorld Public Access™ to provide data transparency to taxpayers.
The county needed to conduct a countywide reassessment while, at the same time, replace its legacy system with a contemporary appraisal and tax solution. The county chose Tyler for its successful track record of implementing and using iasWorld to capture, process and maintain data and values during a reassessment. Tyler’s iasWorld solution is used to manage more than 42 percent of all parcels in Pennsylvania. The unanimous approval by the Monroe County commissioners reflects their expectation of Tyler’s ability to complete a successful reassessment within the county’s desired timeframe.
Tyler’s CLT Appraisal Services — the country’s only national mass appraisal services company — has appraised more than 30 million parcels across 46 states. The methodology of CLT Appraisal Services and Tyler Verify street-level imaging meets International Association of Assessing Officers (IAAO) standards for desktop review and is used to collect data on an average of more than 80,000 parcels every month. iasWorld, which helps ensure uniformity and fairness in property taxation while streamlining taxation and assessment processes, has been selected in 25 states, four Canadian provinces and the Commonwealth of the Bahamas.
Monroe County is about 90 miles east of New York City. The eastern Pennsylvania county covers about 600 square miles and has approximately 170,000 residents in 16 townships and four boroughs.
About Tyler Technologies, Inc.
Tyler Technologies (NYSE: TYL) is a leading provider of end-to-end information management solutions and services for local governments. Tyler partners with clients to empower the public sector — cities, counties, schools and other government entities — to become more efficient, more accessible and more responsive to the needs of their constituents. Tyler’s client base includes more than 14,000 local government offices in all 50 states, Canada, the Caribbean, the United Kingdom and other international locations. In 2016, Forbes ranked Tyler on their “Most Innovative Growth Companies” list, and it has also named Tyler one of “America’s Best Small Companies” eight times. The company has been included six times on the Barron’s 400 Index, a measure of the most promising companies in America. More information about Tyler Technologies, headquartered in Plano, Texas, can be found at www.tylertech.com.