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Class Personal Property Assessed Value Range <br /> A $50,000 - $399,999 <br /> B $400,000 - $999,999 <br /> C $1,000,000 - $4,999,999 <br /> D $5,000,000 - $19,999,999 <br /> D3 $20,000,000 and greater <br /> Breakdown <br /> Size FY2013-14 <br /> (Over $100,000) 83 <br /> 11 <br /> C 9 <br /> 1 <br /> 3 0 <br /> Per Year Count 104 <br /> Per Year Cost $76,440 <br /> D. All correspondence in connection with audits sent to the Taxpayer will be signed by the <br /> County Tax Administrator or by his authorized designee. <br /> E. In order to assist in the scheduling of taxpayers' listings selected by the County for audit, <br /> the County agrees to make available to TMA copies of the personal property listings for <br /> the years for which audits are to be performed. <br /> F. TMA agrees to audit all listings assigned for audit for the most current year and applicable <br /> prior years up to five (5) years as provided by North Carolina General Statute §105-312 <br /> which provides for Discovery Procedures and Limitations. <br /> G. It is expressly understood by TMA that under the provisions of North Carolina General <br /> Statute §105-299, it and its employees are subject to the State Confidentiality Statutes <br /> (General Statute §105-289(l) and General Statute §105-259) and the penalties contained <br /> therein. TMA agrees to abide by the North Carolina Statutes concerning confidentiality of <br /> taxpayer records and shall hold the County harmless from any liability which may result <br /> from an action involving TMA or its employees or agents regarding confidentiality of <br /> taxpayer records. <br /> H. TMA agrees to provide training to designated employees of the County as to all aspects of <br /> the audit services provided pursuant to this Agreement. Any appropriate designee of the <br /> County may accompany TMA on any audit, provided the County shall be responsible for <br /> the travel related expenses of such County employee. <br /> 1. TMA agrees that no employee of the company will consult with or answer questions <br /> regarding any aspect of an audit being performed, except with authorized County officials <br /> and the taxpayer being audited, unless otherwise directed to do so by the County Tax <br /> Administrator. <br />