Orange County NC Website
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7 <br /> Where We Are Going <br /> 0 <br /> Schedules of Values submission September 15,2020 and <br /> corresponding adoption timeline <br /> o Final revaluation presentation January 2021 <br /> a Unique challenges of this revaluation <br /> ❑Notices of new value mailed mid March 2021 <br /> ❑Deadline for informal appeals April 30,2021 <br /> ❑ Board of Equalization and Review to convene May 3,2021 <br /> Where We Are Going Continued <br /> ❑Post-revaluation customer service,reporting <br /> a Extended informal appeals process <br /> a Collaborative approach to appeals <br /> a Pooling resources with other counties performing 2021 <br /> revaluation <br /> The Schedules of Values (SOV) <br /> ❑Tax Assessor must submit SOV to the Board of <br /> County Commissioners(BOCC) <br /> ❑"Upon receipt',the BOCC shall publish a statement <br /> that such has been submitted and time/place of <br /> public hearing on SOV <br /> ❑52-day minimum for full adoption of SOV <br /> What is the Schedules of Values? <br /> ❑4-year business plan <br /> ❑An appraisal"toolbox" <br /> ❑Explains methodology <br /> ❑Shows appraisal system contents,i.e.calculation <br /> tables,codes,etc. <br /> ❑Links to applicable case law <br /> ❑Provides Uniform Standards of Professional <br /> Appraisal Practice(USPAP) <br /> ❑Does not provide values for specific properties <br />