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22 <br /> 1 Slide #30 <br /> General Government <br /> * Tax Administration — page 228 <br /> • Total expenditure budget- $4,867,322 <br /> - Net County cost irrcresseof�44t3,13SScoWeredtoBase Budget <br /> • Recommended BudgetChanges <br /> - $X3,fiZ2lncroewfor eoMrockortoc luct4:0mmMlalappraa4sforriw2026RvealuaMn <br /> County capital reserves fording used <br /> - $'11,75Dforedcktiana8cuertimeinpreparationaf2025Revakwti n <br /> - $3,323increaseforlaxassessmentsofh we system <br /> RANGE COUNTY <br /> 3D ti C IRTI I CIAROIJINIA <br /> 2 <br /> 3 <br /> 4 Slide #31 <br /> General Government <br /> • Assessed Horne Value by Tax Jurlsdiction <br /> - Based ori 2021 RevaluatiQR <br /> NCDOR notice that median sales assassmenl ratio at.69.5% <br /> Triggers rtwaluatlon within three years-already scheduled <br /> ,3arfsdledon 0 of QulfYfied Meclan Assoamid lfaluls Mlwdlan Sal&s Prkll Assessed Valus as <br /> awes % Of Sale Prlaa <br /> Carrbora 263 5340,500 5475,000 71.745, <br /> Chapel Him 917 $973,3U0 5495,040 75.4% <br /> Durham 0 32,450 NIA <br /> Hillsborough 225 S269,400 5+4213,400 64.1% <br /> Mlekreale 1% X7,900 x365,000 64,2% <br /> Unincorporated 00 671 $265,8+00 x415,040 64.0% <br /> ORANGE COUNTY <br /> 31 MDRTII C-AR0IJtVA <br /> 5 <br /> 6 Vice-Chair McKee asked if any thought has been given to how to avoid radical increases <br /> 7 and the situations like were in the North Side community last time. <br /> 8 Nancy Freeman said there is a plan in place where they see a large increase or if they <br /> 9 have a large number of appeals, they will do an in-person or in field assessment. <br />