Orange County NC Website
4 <br /> Chris McLaughlin made the following presentation: <br /> Slide #1 <br /> Orange County <br /> Property Tax Appeal <br /> t/r <br /> Study <br /> IA <br /> :F <br /> Slide #2 <br /> Purposeills <br /> • Identify potential sources of systemic bias in the <br /> Orange County property tax appeal process <br /> • Expand understanding of "assessment gap" For <br /> minority homeowners identified by previous studies <br /> Chris McLaughlin said that the appraisal gap is the difference between appraised amount <br /> and actual market value. He said that the appraisal gap for minority homeowners shows that they <br /> are usually appraising higher than market value. He said this means that minority homeowners <br /> are taking more of their fair share of the tax burden. <br />