PLANO, Texas--(BUSINESS WIRE)--Tyler Technologies Inc. (NYSE: TYL) announced today that it has 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. In addition, Tyler provides its Munis® enterprise resource planning suite and Versatrans® integrated school transportation solution to the county.
“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,” said Jake Wilson, vice president and general manager of appraisal services for Tyler Technologies. “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. CLT Appraisal Services has been actively working in Ohio for more than 80 years. In addition to traditional mass appraisal services, Tyler offers technology-driven appraisal services using Tyler Verify™ software, which meets International Association of Assessing Officers (IAAO) standards for desktop review.
Franklin County is the most populous county in Ohio, with more than 1.2 million residents. It is home to Columbus, the capital and largest city in the state.
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 15,000 local government offices in all 50 states, Canada, the Caribbean, Australia, and other international locations. Forbes has included Tyler on its “Best Small Companies” list eight times, and ranked Tyler on its “Best Midsize Employers” list in 2018. More information about Tyler Technologies, headquartered in Plano, Texas, can be found at www.tylertech.com.
