Orange County NC Website
1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: September 20, 2016 <br /> Action Agenda <br /> Item No. 5-b <br /> SUBJECT: Public Hearing on the 2017 Reappraisal Proposed Schedules of Rules, <br /> Standards and Values <br /> DEPARTMENT: Tax Administration <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> Dwane Brinson, Tax Administrator, <br /> UNDER SEPARATE COVER 919-245-2726 <br /> 2017 Reappraisal Schedule of Values <br /> ON FILE IN TAX ADMINISTRATION <br /> OFFICE AND CLERK'S OFFICE <br /> AND AVAILABLE <br /> ELECTRONICALLY AT: <br /> http://www.orangecountync.gov/departm <br /> ents/tax/revaluation.php <br /> PURPOSE: To conduct a public hearing scheduled for this meeting on the 2017 Reappraisal <br /> Proposed Schedules of Rules, Standards and Values. <br /> BACKGROUND: As required by North Carolina General Statutes (NCGS) 105-317, the <br /> proposed Schedules of Values (SOV) to be used in conducting the 2017 reappraisal were <br /> submitted to the Board of County Commissioners on September 6, 2016. At that time, a public <br /> hearing was set for September 20, 2016, and notice was duly advertised in the Durham Herald <br /> Sun, the News of Orange and the Chapel Hill News on September 7, 2016. The proposed <br /> Schedules have been available for public inspection in the Orange County Tax Office, Orange <br /> County Clerk to the Board's Office, and on the Orange County Tax Office website (available at <br /> http://www.orangecountync.gov/departments/tax/revaluation.php) since September 6, 2016. <br /> The public hearing is the second step in a three-step process to adopt the Schedules that will be <br /> used in conducting the 2017 reappraisal. The Board will be asked to adopt the Schedules at its <br /> October 4, 2016 regular meeting. Following adoption, the Schedules will be appealable to the <br /> State Property Tax Commission for thirty (30) days. <br /> The timeline for the 2017 Reappraisal Schedule of Values adoption process is as follows: <br /> • September 6, 2016: Submission to Orange County Board of Commissioners <br /> • September 7, 2016: Advertise in newspaper <br /> • September 20, 2016: Public hearing on SOV <br /> • October 4, 2016: Adoption of SOV <br /> • October 5, 2016: Publish 1st notice of adoption <br /> • October 12, 2016: Publish 2nd notice of adoption <br />