PROPERTY TAX DEVELOPMENT II

END OF PROJECT EVALUATION. APPROXIMATELY 338,000 PROPERTIES HAVE BEEN PHOTOMAPPED, CLASSIFIED AND TRANSFERRED TO PRELIMINARY LAND VALUE MAPS. THE CODING AND CALCULATION PHASES OF THE REAPPRAISAL PROCESS ARE VIRTUALLY COMPLETE. FINAL LAND VALUE MAPS FOR 95% OF THE PROJECT AREA ARE NOW INHAND. THE GENERATION OF INDIVIDUAL PROPERTY RECORDS IS PROCEEDING, WITH OVER 214,000 PROPERTY RECORDS TRANSFERRED TO COMPUTER TAPE. A TOTAL OF 164,000 REAPPRAISAL NOTICES WITH A TOTAL VALUE OF $517,000,000 HAVE BEEN SENT TO OWNERS. THIS REPRESENTS A 98% INCREASE OVER OLD VALUES. ANNUAL PROPERTY TAX REVENUE HAS INCREASED $1.6 MILLION, OR 25% SINCE 1972 TO $7.8 MILLION LARGELY AS A RESULT OF THE PROJECT. REAPPRAISALS FOR ALL 65,000 PROPERTIES IN GUATEMALA CITY HAVE BEEN COMPLETED AND ALL NOTIFICATIONS HAVE BEEN SENT OUT AND THE PROCESS OF UPDATING THE OFFICIAL PROPERTY REGISTRY IS MOVING ALONG WITH 53,000 NEW RECORDS INSCRIBED. ALTHOUGH AID FINANCING TERMINATED ON JUNE 30, 1977, THE GOVERNMENT OF GUATEMALA IS CONTINUING THE PROJECT WITH ITS OWN FINANCING. PROGRESS TOWARD THE GOAL IS PARTIALLY REFLECTED IN THE 25% INCREASE IN PROPERTY TAX REVENUES DURING PROJECT PERIOD. ANOTHER INDICATOR IS THE FACT THAT THE PROCESS BEGUN UNDER THE PROJECT HAS BEEN INSTITUTIONALIZED WITHIN THE GOVERNMENT AND IS CONTINUING ON A SELF SUSTAINING BASIS. PROJECT HAS PROVIDED GOG WITH THE BASIS FOR GENERATING AND INCREASING REVENUES FROM INTERNALSOURCES TO ASSIST WITH FUTURE OPERATING AND DEVELOPMENT INVESTMENT NEEDS. THE DATA SYSTEMS AND PROCEDURES ESTABLISHED UNDER PROJECT ARE FUNCTIONING AND THE GOG IS CONTINUING WITH THE PROCESS OF TRANSFERRING PROPERTY TAX RECORDS AND ASSESSMENT AND COLLECTION OPERATIONS TO THE NEW SYSTEM ALTHOUGH THIS PROCESS HAS BEEN DELAYED DUE TO COMPUTERIZATION PROBLEMS AND LACK OF COOPERATION AMONG THREE AGENCIES INVOLVED. WITH ONE EXCEPTION PROJECT INPUTS FINANCED BY CID WERE APPROPRIATE AND SUFFICENT TO PRODUCE DESIRED OUTPUTS. COMPUTERIZATION OF THE RECORDS SYSTEM DID NOT PROCEED AS FAR AS PLANNED. IMPLEMENTATION OF THIS ELEMENT OF PROJECT WOULD HAVE BEEN FACILITATED BY ADDITIONAL TECHNICAL ASSISTANCE, PROGRESS WITH RES