SMDA 2000 System Detail Sample Clauses

SMDA 2000 System Detail. The FoxPro SMDA 2000 system is a computerized appraisal software system capable of producing uniform and valid appraisals of residential, farm, commercial, and industrial property (land and improvements). The following are the major features and functions of the FoxPro SMDA 2000 system: - Easy to use, event-driven data maintenance screens which support over 150 individual data elements. - Comprehensive CAMA system providing value estimations of both residential and commercial type properties. 30 - Support of the following approaches to value: - Residential: Replacement cost approach. Comparable sales (with dissimilarity function). Multiple regression analysis. Adaptive estimation procedure. - Commercial: Replacement cost approach. Comparable sales. Multiple regression analysis. Adaptive estimation procedure. Income approach. - Sketch maintenance of improved parcels in an on- line, interactive fashion, as well as the ability to print a solid line scaled sketch. - Taxpayer information inquiry displays data typically requested by the property owner from the appraisal data base. - The following are highlighted functions of the system: - Data entry, conversion, edits, and other similar applications as part of the on-line data entry and maintenance functions of the appraisal system. - Inquiry capability on all parcel information for assessment administration and value estimates. - The ability to create and maintain an independent sales data file for the purpose of sales listing, comparable sales selection/listing, and sales ratio study. Multiple sales for a parcel shall be maintained, as well as multiple years. - The ability to load sketch information for improved parcels through an interactive application software package. - The sketch application has many desirable characteristics, such as: - Rapid data entry. - Input and immediate display of sketch information. - Deletion of incorrect entry. - Position and definition of additions, outbuildings, and identification of the major components indicating the square feet of each of the components. - Simple command structure for data input. - Dwelling description included for each component of the sketch. - Fast and efficient display of sketch providing for immediate verification and edits. - Automatically computes area calculations during sketch entry. - Capability of full maintenance of a stored sketch: Deletion of entire sketch. Deletion of any components. Deletion of specific component descriptions. Reentry of a c...
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