New Hanover County, North Carolina, Signs Reappraisal Services Contract with Tyler Technologies

CLT Appraisal Services selected to appraise all residential, agricultural, commercial, exempt and industrial properties

Tyler Technologies, Inc. (NYSE: TYL) has signed an agreement with New Hanover County, North Carolina, for Tyler’s CLT Appraisal Services™ to appraise all residential, agricultural, commercial, exempt and industrial properties in the county.

New Hanover County selected Tyler to complete the reappraisal after a competitive request for proposal process. The county rated vendors on the length of time the vendor has provided reappraisal services to local governments, experience working with large and complex jurisdictions with more than 60,000 parcels, references from large jurisdictions, and the vendor’s resources to successfully complete the project.

Through the agreement, Tyler’s CLT Appraisal Services staff will provide New Hanover County with real property appraisal services and will utilize and interpret information collected by New Hanover County Tax Administrator staff. County staff have been visiting each parcel of property since the fall of 2013 in an effort to ensure the information they have on hand for the revaluation is correct and up-to-date. The two-year project to reappraise the county’s more than 101,500 parcels is scheduled to be completed by March 2017. The county’s last reappraisal of real property was done in-house in 2012.

Tyler’s CLT Appraisal Services — the country’s only national mass appraisal services company — has appraised more than 30 million parcels across 46 states. The county also uses Tyler’s iasWorld® computer-assisted mass appraisal (CAMA) solution.

New Hanover County is the second-smallest county in the state by area but is one of the most populous counties with approximately 213,000 residents. Its county seat is Wilmington, home to the University of North Carolina Wilmington.

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 citizens. Tyler’s client base includes more than 13,000 local government offices in all 50 states, Canada, the Caribbean, the United Kingdom and other international locations. Forbes has named Tyler one of “America’s Best Small Companies” eight times and the company has been included six times on the Barron’s 400 Index, a measure of the most promising companies in America. More information about Plano-based Tyler Technologies can be found at www.tylertech.com.

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Jetstream PR for Tyler TechnologiesTony Katsulos, 972-788-9456, ext. [e-mail]