Orange County NC Website
Browse       Search
36 <br /> Slide #3 <br /> What is Included in a Revaluation <br /> llll� � <br /> -All residential and commercial land throughout <br /> Orange County and permanent structures. <br /> What is not included? <br /> a Business personal property <br /> o Motor vehicles,boats,airplanes <br /> a Public utility property <br /> a These properties are reappraised annually <br /> Slide #4 <br /> Community Outreach <br /> Real Property R—d Card—Inn.launched July 2014 <br /> o Pnuvide current irdur�anan retard <br /> o IMeromve webpoge:rene+v preperty dere,report ltwea <br /> Public Compec website launched July 2014 <br /> o Review pmperry es cemperedtn xlmllerprepenlee <br /> Volldotran Farm Moiling m February 2020 <br /> o Partnered wllh Xxi aemmunityrogafherthe meat eccurete date pesslble <br /> o 0-4,000—p—nn—pdated— <br /> I.1—dmatP 1 <br /> Slide #5 <br /> Community Outreach(continued) <br /> Revuluorion Information Insert mailed with 2020 tux BIR m July <br /> 2020 <br /> Revaluation Vldea Launched on Webslre In July 2020 <br /> o EvplalM the basin d a Rwaluatbn <br /> Prewntotian at Schedule at Values PubBc Meanng for the at Board <br /> of Commissioners meeting io 0ctoher 2020 <br /> Revaluation Information Insert moiled with 2021 Listing Farm in <br /> December 2020 <br /> Slide #6 <br /> Commercial Appraisal Process <br /> F.Local commercial real estate appraisal firm <br /> provided market research,sales <br /> r A second commercial appraisal firm interpreted <br /> market research and provided recommended <br /> values for all commercial parcels,taking into <br /> account effects of pandemic <br /> Orange County senior appraisal staff reviewed <br /> recommended values <br />