Orange County NC Website
6 <br /> • November 13, 2020: Publish 2nd notice of adoption <br /> • November 20, 2020: Publish 3rd notice of adoption <br /> • November 27, 2020: Publish 4th notice of adoption <br /> • December 5, 2020: Last day for taxpayer to appeal the SOV <br /> Nancy Freeman, Tax Administrator, made the following PowerPoint presentation: <br /> STANDARDS2021 REAPPRAISAL SCHEDULE OF <br /> What is a Reappraisal? <br /> ❑The process of updating real property tax assessments <br /> for market value and present-use value <br /> ❑Appraisal of all properties in Orange County as of a <br /> single date <br /> ❑Primary goal is to equalize tax base <br /> ❑Effective date for Orange County's upcoming <br /> reappraisal is January 1,2021 <br /> Where We Have Been <br /> o Field reviews began mid-2019 <br /> o Launched two interactive websites in July 2019 to assist owners <br /> ew their property values <br /> o Property Record Card <br /> o Camper <br /> o Data Validation Form mailed February 2020 <br /> 0 41,600 mailed <br /> o Received approximately 4,300 responses <br /> o Revaluation Video available on our website <br /> o Revaluation Insert with 2020 Bills <br /> Where We Are <br /> ❑Majority of land pricing has been completed <br /> ❑Mostly complete with verifying individual property <br /> characteristics and data <br /> a Per data provided by property owners on Data Validation Forms <br /> ❑Beginning"Neighborhood Reviews" <br /> a Current sales reports for statistics,edits as necessary <br /> a Before and after report for quality control <br /> o Commercial properties are being appraised by outside <br /> commercial appraisal company <br />