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4 <br /> 1 Chris McLaughlin made the following presentation: <br /> 2 <br /> 3 Slide #1 <br /> Orange County <br /> Property Tax Appeal <br /> rf� <br /> Study <br /> .i <br /> 4 <br /> 5 <br /> 6 Slide #2 <br /> Purpose MIUNC <br /> Identify potential sources of systemic bias in the <br /> Orange County property tax appeal process <br /> • Expand understanding of"assessment gap" fDr <br /> minority+homeowners identified by previous studies <br /> 7 <br /> 8 Chris McLaughlin said that the appraisal gap is the difference between appraised amount <br /> 9 and actual market value. He said that the appraisal gap for minority homeowners shows that they <br /> 10 are usually appraising higher than market value. He said this means that minority homeowners <br /> 11 are taking more of their fair share of the tax burden. <br /> 12 <br /> 13 <br />