What two actions result in the most impressive dollar return for time and money committed, short of a general revaluation?

The most impressive dollar return for time and money committed, short of a general revaluation, arises from implementing systematic audit programs alongside energetic personal property discovery efforts.

Systematic audit programs are crucial as they ensure that the values being assigned to personal property are accurate and reflect their true worth. Regular audits help identify discrepancies, errors, or cases where properties may have been undervalued or improperly reported. This systematic approach not only improves the consistency in assessments but also enhances the overall integrity of the tax roll.

Energetic personal property discovery efforts are equally important because they actively increase the tax base by identifying and bringing previously unreported or undervalued personal property into assessment. This includes engaging in outreach efforts to educate property owners on their reporting responsibilities and employing various strategies to uncover assets that may not have been disclosed. By increasing the quantity and quality of property being taxed, jurisdictions can significantly enhance revenue without the need for a comprehensive revaluation.

Combining these two actions provides the best opportunity for municipalities to optimize revenue generation while efficiently utilizing the resources at their disposal. In contrast, other options may involve elements that do not directly tie into maximizing short-term revenue returns as effectively.