Orange County NC Website
40 <br /> 1 Slide #17 <br /> Appeal Process <br /> 11111110 <br /> Taxpayers may appeal their assessment every <br /> year <br /> r Stage 1 —Informal Appeal—in-horse review with staff <br /> appraiser <br /> r Stage 2—Formal Appeal—hearing with Change County <br /> Board of Equalization and Review <br /> r- Stage 3—North Carolina Property Tax Commission <br /> r- Stage 4—Appeal Courts <br /> 2 <br /> 3 Slide #18 <br /> Potential Impact of Appeals <br /> i i Currently have received approximately 752 informal <br /> appeals,and appraisers have reviewed 592,or <br /> approximately 78% <br /> i Expecting more appeals than 2017,possibly 4,000 <br /> informal appeals and 1,000 informal appeals,with <br /> 200 appealing to the NC Property Tax Commission. <br /> L:Reduction in value due to appeals is accounted for in <br /> the estimated tax base.The estimation is based on <br /> historical percentage of reduction from prior <br /> revaluation years. <br /> 4 <br /> 5 <br /> 6 Slide #19 <br /> Appeal Assistance <br /> Review property characteristics at Revl Property Search <br /> Webpage: <br /> ❑ChecM square footage,bath count,etc. <br /> Compare property tv nearby property sales at Camper <br /> Webpage: <br /> ❑ Submit appeal form included with revaluation notice,or <br /> complete appeal process online.- <br /> Iri -,t.cam�nc-nr arcew' <br /> 7 <br /> 8 <br /> 9 <br />