Orange County NC Website
29 <br /> Slide #14 <br /> I <br /> Final Report of Board of Equalization and <br /> Review for 2021 <br /> I + The estimaled time of completion of the work far the Bee rd of EquaI zatton and <br /> Review(BOER)for 2021 is mid-January. <br /> + This will depend on the number or appeals recelved through early October,based <br /> on the date of the last mailing of Value Notices <br /> A report will be provided to the Board or Commissioners to provide a summary of <br /> the outcome of the appeals at a regular meeting of the Commissioners soon after, <br /> estimated Mid-March 2022. <br /> Slide #15 <br /> I <br /> Final Report of Board of Equalization and <br /> Review for 2021 (continued) <br /> ,,i, The report will Include important metrics on the resulting changes to values that <br /> occurred due to the appeals. <br /> +Nunber of dates BOER met to conduct rreari ngs <br /> + Nunher of inforrnat appeals r Ldting In a formal appeal <br /> Total n bn r offorrnal appeals <br /> Nwnber of appeals resulting in a decrease in value,increase in value,and no pha nige <br /> + Decision Notices Mailings and Publication of Mlini <br /> +s Nunber of fom l appeals resulting in ap appeal to the North Carolina Property Tax <br /> Commission <br /> Nancy Freeman said these numbers will depend on when the notices are mailed out, as <br /> there is a 30 day window to appeal to the Property Tax Commission. She resumed the <br /> PowerPoint presentation: <br /> Slide #16 <br /> I <br /> 2021 Value Appeals Process in Conclusion <br /> Reel property sales I ncreased steadily prior to the January 1,2021 revaluatlon date. <br /> This resulted in a substartiial increase in valuation county-wide forthe 2021 <br /> Revaluation. <br /> Beginning in March 2020.the pandemic complicated many aspects ofthe process of <br /> the revaiuii from stalling field visits to changing the methods needed to <br /> communicate with property owners about Ihelr values and appealing the values. <br /> We have continued to p <br /> r <br /> o <br /> vid <br /> e <br /> service to taxpayers,allhoug4 the office was closed to <br /> nths the public for several mo .Our new online appeals module helped us provlde an <br /> effective way for property owners to appeal value wilhout an i n-parson visit. <br /> Current number of appeals still below the estimated number for 2021 However,our <br /> goals for completing appeals have been quite stret0ad due to the effects of the <br /> pandemic,and the ract that stafr has been shorthanded. <br /> Our assessmentteam.along with tramendeus support from our other divisions.Ms <br /> continued to work through these Issues to provide excellent professional customer <br /> service a accurate work to ralrly equalize the tax base for Orange County property, <br /> owners. <br />