Orange County NC Website
12 <br /> Slide #20 <br /> Equity <br /> Vertical Equity — PFD <br /> Equity between low and high value parcels <br /> If high value parcels are under-appraised <br /> relative to low value — regressive PRD>1.03 <br /> — If low value parcels are under-appraised <br /> relative to high value — progressive PRD<.98 <br /> — No bias - PRD acceptable range .98-1 M <br /> He said that vertical equity is regressive, and they do not want to be. He said that if high <br /> value parcels are under appraised compared to lower value appraisers that is not good. He said <br /> that there is also progressive bias. He said the goal is to have no vertical equity bias. <br /> Slide #21 <br /> Equity <br /> NICYIM'SN <br /> fnoo-.fYO�1'1• p rFO I{O i <br /> M'4 Yew <br /> OR <br /> HG 61+� 4 A <br /> �2 <br /> . I <br /> it x 34 +b 54 4G '4 x7 <br /> M+r~M-W% <br /> 16 �� <br /> - <br /> - <br /> _ I � <br /> +tiw+ays+Ok■ Ob <br /> WWd-4al r 6 B <br /> f rrtn La. 0-0 r <br /> 4 <br /> 1y N 3D 4 Y] 64 TO K <br /> 144 PkwaPkM <br /> id <br /> 1.2 <br /> l..w..w■i� t <br /> l�o x,ln iiL• 1 <br /> am%* <br /> oa $ MO 1.13 <br /> r..mxNr 6+ <br /> 8 <br /> 10 ro- J4 5u � rn <br /> A k. r1 EQ <br /> 6# n UM <br />