Orange County NC Website
40 <br /> Slide #17 <br /> Appeal Process <br /> Taxpayers may appeal their assessment every <br /> year <br /> F-Stage li-Informal Appeal-n-house review with staff <br /> appraiser <br /> C Stage 2—Formal Appeal—hearing with Orange County <br /> Board of Equalization and Review <br /> Stage 3—North Carolina Property Tax Commission <br /> r Stage 4—Appeal Courts <br /> Slide #18 <br /> Potential Impact of Appeals <br /> J <br /> -:Currently have received approximately 752 informal <br /> appeals,and appraisers have reviewed 592,or <br /> approximately 78% <br /> 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 /> 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 /> Slide #19 <br /> Appeal Assistance <br /> Review property characteristics at Real Property Search <br /> Webpage: <br /> u Check sgoore footage,bath wast,etc. <br /> Compare property to nearby property sales at Camper <br /> Webpage: <br /> Submit appeal form included with revaluation notice,or <br /> complete appeal process online: <br />