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5 <br /> 1 Slide#3 <br /> Key Questions Asked By the Study fElDL F <br /> • <br /> Were 202.1 Appeal Rates urAppeal Results affected by: <br /> — Neighborhood Minority Populatton % <br /> — or <br /> — Neighborhood ]Median Residential Property VaILLC <br /> 2 <br /> 3 Chris McLaughlin said they looked at data from the 2021 assessment to see if there were <br /> 4 varying results based on minority ownership or residential property value. He said they were <br /> 5 looking to see if there were more appeals in white or more expensive neighborhoods. <br /> 6 <br /> 7 Slide #4 <br /> 2021 reappraisal <br /> 39,000 residential tai€ parcels <br /> 800 informal appeals, 200 Formal appeals <br /> • 42 Census tracts <br /> 8 <br /> 9 Chris McLaughlin said they focused on occupied properties. He said that Orange County <br /> 10 is on a four-year reappraisal schedule and that North Carolina requires a reappraisal every eight <br /> 11 years. He said that the number of appeals was smaller than he expected. <br /> 12 <br /> 13 <br />