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27 <br /> 1 Slide #2 <br /> 2021 Value Appeals Proses <br /> I e 2021 was a Revaluation Year for Grange 0ounty Tax Otft e <br /> r Rall Properties are valued Lased on January 1 current market value <br /> f Revaluation Notices of New Values mailed March 24,2021 <br /> Appeals perioci began March 24 and ended September 1,2021 <br /> Informal Appeals period began March 24 and ended May 2 <br /> f Formal Appeals period began May 3, with the Eloard of Equalization and Review <br /> (DOER)convening and ended September 1 with the DOER adjourning <br /> 2 <br /> 3 <br /> 4 Slide #3 <br /> Appeals Overview <br /> • There were a total of 2)097 appeals, 1682 Informal,413 Formad <br /> I <br /> I Overall,the appeals rendered a reduction of 175 to the values of the appealed properties. <br /> NThe reduotlon represents approas mially 1.5%of the Clarity Tax Base. <br /> The appeal prod beg s with an appellant emitting an appeal,offeo appeal form <br /> provided by the Tax Office,in whth the appella-r :5 encouraged to provide an opinion of value <br /> and relevant inforniallon to support their opinIr,- I he appeal Is than assigned to an appraiser <br /> who reariews tfie appellarrrs evadie. fisc props aracgeristics on record,and rt4evant market <br /> data relating to the properly. Based on their fine..)S -he appraiser may correct inaccwracaes kL <br /> the prop"record and ad t the valua of tti,--prc i�r-::accarrfkgly through application of the <br /> approved Schedule of values: Any re 1dn,g chae • :a: may coincide with the appellant's <br /> opirr'an of value or be less or greater than the al:,c:ans's operon_ <br /> 5 �I <br /> 6 Nancy Freeman said that the 1.5% reduction aligns with the County's estimate. <br /> 7 <br /> 8 <br />