Orange County NC Website
3~1 <br />s <br />since 1981 FlOU1G~ require a 20 to 30~ increase to reach market value, while <br />condominiums that e::fisted prior to 1981 would require about a 10b increase.. <br />2. 3y la~o every property does not have to be visited. <br />Revaluating a particular section and then adjusting the other sections to <br />that sample is being used by other counties but this method will not solve <br />the problems here in Orange County. A horizontal adjustment would create <br />problems also. <br />3. A three year cycle would provide Orange County the best <br />use of personnel. be the most efficienty and most equitable. Other county <br />tax supervisors do not recommend a four year cycle while a two year cycle <br />would cost more. <br />Kermit Lloyd requested that the Board consider the adoption of <br />1987 as the effective date for the next revaluation and postpone a decision <br />on the revaluation cycle for further study. <br />Commissioner [calker asked the purpose for having a revaluation. <br />F(ermit Lloyd indicated that in the seventh year, utility <br />property owners have the right to request relief down to the assessment <br />ratio the County is experiencing at that time to correct the inequities <br />that have occurred over the revaluation cycle as some properties have <br />inflated at a greater degree than others. <br />Commissioner Lloyd noted that there are same inequities and <br />would like to see a proper rate adjustment. He expressed concern about the <br />amount of taxes.. This will have a tendency to put the tax burden in <br />proper perspective. <br />Chair [•rillhoit expressed concerns about both the "hat spots" <br />and how they might average out over the eight year cycle and the impact of <br />opening I-40 and vrhether that impact will be felt prior to 1987 or later. <br />He is concerned about the ability of people to deal with the increase in <br />taxes at the time of evaluation and is not against a more frequent <br />evaluation. The system is inequitable to begin with and [•7illhoit would <br />like to have additional retails about the class of the property and the <br />impact on personal property and how the percentages will be adjusted with <br />the values. <br />Notion was made by Commissioner Marshall, seconded by <br />Commissioner [Vhitted to approve an inhouse revaluation effective January 1, <br />1987 with the revaluation cycle being set after further study. <br />VOTE: Ayes. 4; Noes. 1 ([9illhoit). <br />3. ,gOLICE SNFORI-1ATION NETWORK <br />P4otion was made by Commissioner [+Talker, seconded by <br />Commissioner Lloyd to approve the renewal of an annual agreement under <br />cahich the County receives access to police information. <br />VOTE: UNANINIpUS <br />4. ~~~ Q$DE$ ORANGE ~NDU5TRIE~BUILD2NG <br />I•Iotion was made by Commissioner 47hitted, seconded by <br />Commissioner Lloyd for approval of a change order for the-Orange Industries <br />Building that would provide one 10 x 12 canopy instead of three smaller <br />ones. <br />VOTE : Ui~ANIiiOUS <br />5. APPO~,~T~'I-]EA?T~ <br />Pdotion was mace by Commissioner I.4arshall, seconded by <br />Commissioner :7hitted to approve the appcintment of Anne Brown to the <br />Domiciliary Home Community Advisory Board. <br />VdTF: LTT:ANII•[OU5 <br />