Orange County NC Website
will more qualified sales and better data to help ensure new tax assessment models are highly <br />accurate. <br />FINANCIAL IMPACT: Should the 2015 revaluation be delayed to 2017, and if a full list and <br />measure revaluation could occur, the Tax Administrator's Office would need two additional real <br />property appraisers with an estimated annual cost of $120,000 including salary and benefits. <br />However, the true financial impact of adding two appraisers would be minimal as it would <br />involve a reduction of contracted services in the revaluation budget. <br />RECOMMENDATION(S): The Manager recommends that the Board approve and authorize the <br />Chair to sign the resolution (Attachment 2) delaying the revaluation to January 1, 2017 and <br />reinstating a four -year revaluation schedule thereafter. <br />