Orange County NC Website
Browse       Search
3 <br /> 1 6. Regular Agenda <br /> 2 <br /> 3 a. Approval and Adoption of 2021 Reappraisal Schedule of Values <br /> 4 The Board considered voting to approve and adopt the proposed 2021 Schedule of <br /> 5 Values, authorizing the Chair to sign the Order of Adoption for the 2021 Schedule of Values, <br /> 6 and directing staff to publish the appropriate advertisements. <br /> 7 <br /> 8 Nancy Freeman, Orange County Tax Administrator, reviewed the item below: <br /> 9 <br /> 10 BACKGROUND: <br /> 11 The proposed 2021 Schedule of Values was presented to the Board at the September 15, 2020 <br /> 12 regular meeting. Immediately after, the Tax Administrator advertised in The Herald-Sun, News <br /> 13 of Orange and News and Observer notice of the availability of the Schedule of Values for public <br /> 14 inspection, and the date of the public hearing on the Schedule of Values. The Board held the <br /> 15 public hearing regarding the Schedule of Values on October 6, 2020 regular meeting. These <br /> 16 actions were taken in accordance of the North Carolina General Statute (NCGS) 105-317(c)(1) <br /> 17 and (2). <br /> 18 <br /> 19 In addition, NCGS 105-317(c)(3) states: <br /> 20 "When the board of county commissioners approves the final schedules, standards, and rules, it <br /> 21 shall issue an order adopting them. Notice of this order shall be published once a week for four <br /> 22 successive weeks in a newspaper having general circulation in the county, with the last <br /> 23 publication being not less than seven days before the last day for challenging the validity of the <br /> 24 schedules, standards, and rules by appeal to the Property Tax Commission. The notice shall <br /> 25 state: <br /> 26 a. That the schedules, standards, and rules to be used in the next scheduled reappraisal <br /> 27 of real property in the county have been adopted and are open to examination in the <br /> 28 office of the assessor; and <br /> 29 b. That a property owner who asserts that the schedules, standards, and rules are <br /> 30 invalid may except to the order and appeal therefrom to the Property Tax Commission <br /> 31 within 30 days of the date when the notice of the order adopting the schedules, <br /> 32 standards, and rules was first published." <br /> 33 <br /> 34 The timeline for the 2021 Reappraisal Schedule of Values adoption process is as follows: <br /> 35 • September 15, 2020: Submission to Orange County Board of Commissioners <br /> 36 • September 16 & 17, 2020: Advertise in newspapers <br /> 37 • October 6, 2020: Public hearing on SOV <br /> 38 • November 5, 2020: Adoption of SOV <br /> 39 • November 8 & 11, 2020: Publish 1st notice of adoption <br /> 40 • November 13 & 18, 2020: Publish 2nd notice of adoption <br /> 41 • November 20 & 25, 2020: Publish 3rd notice of adoption <br /> 42 • November 27, 2020: Publish 4th notice of adoption <br /> 43 • December 8, 2020: Last day for taxpayer to appeal the SOV. <br /> 44 <br /> 45 ATTACHMENT 1 <br /> 46 ORDER ADOPTING THE SCHEDULES OF RULES, <br /> 47 STANDARDS AND VALUES FOR MARKET VALUE <br /> 48 AND PRESENT-USE VALUE <br /> 49 <br />