Orange County NC Website
1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: November 5, 2020 <br /> Action Agenda <br /> Item No. 6-a <br /> SUBJECT: Approval and Adoption of 2021 Reappraisal Schedule of Values <br /> DEPARTMENT: Tax Administration <br /> ATTACHMENT(S): <br /> Order of Adoption INFORMATION CONTACT: <br /> Nancy T. Freeman, Tax Administrator <br /> Under Separate Cover: (919) 245-2735 <br /> 2021 Schedule of Values <br /> On file in the Tax Administration Office <br /> and Clerk's Office and online at: <br /> https://www.oran pecountync.go v/878/Re v <br /> aluation <br /> PURPOSE: To approve and adopt the proposed 2021 Schedule of Values, authorize the Chair <br /> to sign the Order of Adoption for the 2021 Schedule of Values, and to direct staff to publish the <br /> appropriate advertisements. <br /> BACKGROUND: The proposed 2021 Schedule of Values was presented to the Board at the <br /> September 15, 2020 regular meeting. Immediately after, the Tax Administrator advertised in The <br /> Herald-Sun, News of Orange and News and Observer notice of the availability of the Schedule of <br /> Values for public inspection, and the date of the public hearing on the Schedule of Values. The <br /> Board held the public hearing regarding the Schedule of Values on October 6, 2020 regular <br /> meeting. These actions were taken in accordance of the North Carolina General Statute (NCGS) <br /> 105-317(c)(1) and (2). <br /> In addition, NCGS 105-317(c)(3) states: <br /> "When the board of county commissioners approves the final schedules, standards, and rules, it <br /> shall issue an order adopting them. Notice of this order shall be published once a week for four <br /> successive weeks in a newspaper having general circulation in the county, with the last publication <br /> being not less than seven days before the last day for challenging the validity of the schedules, <br /> standards, and rules by appeal to the Property Tax Commission. The notice shall state: <br /> a. That the schedules, standards, and rules to be used in the next scheduled reappraisal <br /> of real property in the county have been adopted and are open to examination in the office <br /> of the assessor; and <br /> b. That a property owner who asserts that the schedules, standards, and rules are invalid <br /> may except to the order and appeal therefrom to the Property Tax Commission within 30 <br /> days of the date when the notice of the order adopting the schedules, standards, and rules <br /> was first published." <br />