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Newsletter - July 18, 2017 - Education Abounds!
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Call to Action! Help BOMA Texas Educate Elected Officials about Property Taxes!
Texas State Capital PhotoAs you are probably aware, the Texas Legislature will convene in a special session on July 18. The legislature is limited to considering legislation that the Governor puts on the call for the special session. Governor Abbott has already named property tax reform as an item for consideration.

Texas BOMA recently met with Senator Paul Bettencourt (R-Houston), a friend of Texas BOMA and a staunch advocate for property tax reform. As you will recall, Senator Bettencourt authored SB 2 during the regular session and continues to push for both property appraisal reform and more taxpayer input into property tax rates. Senator Bettencourt anticipates filing similar legislation for the special session and believes the bill will be heard in the Senate Finance Committee the week of July 24.

This is a top priority for Texas BOMA. Many of our cities are now seeing significant increases in property tax appraisal valuations, and have seen substantial increases above the effective tax rate year on year. The result of the increased tax rate and increased valuations are higher taxes and litigation over appraisals, resulting in cost increases for our owners and our tenants. We need to work hard to help the legislature take up and pass this important legislation.

We need your help! Texas BOMA will hold a Statewide Advocacy day in Austin on Tuesday, July 25th, to support property tax reform. Please mark your calendars now to attend this event – particularly if you participated in Advocacy Day earlier this year. While there will not be a cost to attend, we do need you to RSVP so that we may confirm attendees for team assembly purposes.

Thank you for your participation in this important industry event.
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Next RPA/FMA/SMA Course: Managing the Organization
BOMI logoLast Course of 2017. 9/14/2017 to 9/16/2017 at Stratum Executive Center This course will help you become an effective manager and leader in your organization. Your role will take on new meaning as you learn and understand the impact that you can have on your organization and on the individuals who work for you. The course will reinforce the theory and strategies with a new case study in which management practices are applied to address industry trends and issues related to enhancing the value of an asset.
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Figure out when you're most productive
Productive graphicTo determine your most productive part of the day, take into account how your energy and focus levels fluctuate each day, writes Nicole Fallon. If your most productive point is during your off hours, ask your manager if flextime could be a possibility.
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Save the Date - Movie Night to raise funds for Community First! Village

Movie Night GraphicJoin us for an evening fundraiser for Community First! Village.  See this incredible housing development first hand.

 

October 12th, 6:30pm  - Ticket price includes, the movie, candy or popcorn, drink and hamburger or hotdog. Bring money as you will not want to miss the raffle. The committee has rounded up some great prizes. 


ALL PROCEEDS WILL BE DONATED TO COMMUNITY FIRST! VILLAGE.

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Thank you to our Sponsor!


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Labor Department Moves to Revise Overtime Rule
Overtime graphicThe Labor Department signaled this week that it may move to scale back the Obama-era rule expanding overtime eligibility that has been on hold for months. The department on Tuesday sent a formal Request for Information on the rule to the Office of Management and Budget (OMB).
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Former Marine leads CBRE asset services into new era of strategic growth

In the News graphic One of the most unheralded aspects of commercial real estate is property management. It’s also a service area that has become more sophisticated and crucial to investor returns. So please call it “asset services” from here on out — and please meet Steward Geise, the new managing director of asset services for CBRE Group Inc. in Austin.

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