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DocuSign Envelope ID: 62A1013D- 4F2B- 44EF- ADF9- D546F5907E88 <br />Class Personal Property Assessed Value Range <br />A <br />$50,000 - $399,999 <br />B <br />$400,000 - $999,999 <br />C <br />$1,000,000 - $4,999,999 <br />D <br />$5,000,000 - $19,999,999 <br />D3 <br />$20,000,000 and greater <br />Breakdown <br />Size <br />FY2018 -19 <br />(Over $100,000) <br />83 <br />11 <br />C <br />9 <br />1 <br />3 <br />0 <br />Per Year Count <br />104 <br />Per Year Cost <br />$76,440 <br />4. 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 />5. 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 />6. 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 -3 12 <br />which provides for Discovery Procedures and Limitations. <br />7. 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(1) 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 />8. 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 />9. 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 />2 <br />Revised 7/2018 <br />