Orange County NC Website
5 <br /> Appeals Overview <br /> There were a total of 2097 appeals: 1682 Informal, 413 Formal <br /> Overall, the appeals rendered a reduction of 17% to the values of the appealed properties. <br /> The reduction represents approximately 1.5% of the County Tax Base. <br /> The appeal process begins with an appellant submitting an appeal, often using the appeal form <br /> provided by the Tax Office, in which the appellant is encouraged to provide an opinion of value <br /> and relevant information to support their opinion. The appeal is then assigned to an appraiser <br /> who reviews the appellant's evidence, the property characteristics on record, and relevant market <br /> data relating to the property. Based on their findings, the appraiser may correct inaccuracies in <br /> the property record and adjust the value of the property accordingly through application of the <br /> approved Schedule of Values. Any resulting change in value may coincide with the appellant's <br /> opinion of value or be less or greater than the appellant's opinion. <br />