Orange County NC Website
Phase III <br /> • It is important to us that Orange County has the most recent data on which to base its Schedule of <br /> Values . Beginning in mid -2024 and continuing into the fall we will update the data for our major <br /> property types . Please note that not all property types may have meaningful data and that a " No <br /> Further Action " finding for a property type will count as completing that milestone . <br /> Phase IV <br /> • Final Application of Data ( provided by Analytical Consultants) . Analytical Consultants will update <br /> 2025 preliminary revaluation assessed commercial property value recommendations . Please note <br /> that we are not well versed in applying that assistance to mass valuation using mass valuation <br /> software but will help the County by consulting on different ways to input the data to produce <br /> appropriate results from the County' s software . Based on our schedule , the County should have all <br /> the commercial values in their system and verified /discussed with Analytical Consultants by <br /> November 1 , 2024 . Our fee includes a two- month period leading up to the reassessment date of <br /> January 1 , 2025 , during which a qualified employee of Analytical Consultants will be available via <br /> phone or onsite at the Orange County offices between the hours of 9am to 5pm ( up to 20 hours per <br /> week) to answer questions or provide assistance with the use and application of the newdata . <br /> Assessment Review and Assessment Support <br /> • We will provide assessment review and support beyond that provided in Phase III on an as <br /> needed " basis to help the County with appeals . Our fee includes up to 40 hours of support <br /> advising on tax appeals and for Board Hearings as needed in 2025 . In the following years , <br /> additional support will be limited to 20 hours per year. Additional assistance above and beyond <br /> the yearly hourly limit will be provided for $ 250 per hour and all assistance will be provided by <br /> Elizabeth Greganti or Paul Snow. <br /> • Our review and support of the tax assessment does not include the following : Appraisals and <br /> Property Tax Commission ( PTC ) Testimony . We can provide appraisals to support the County <br /> for Board Hearings or PTC Hearings . These assignments will be considered and engaged on an <br /> case- by-case basis . In some cases , a conflict of interest may exist . In these cases , Analytical <br /> Consultants will recommend and help select and engage a third - party appraiser . <br /> Mr. Snow is an experienced expert witness for PTC hearings . He works for both property owners <br /> and Counties . His fee for Property Tax Commission preparation and testimony is $ 375 per hour . <br /> This fee is set for the entire four-year period following the effective date of the 2025 <br /> reassessment . Another representative of Analytical Consultants may be involved in a PTC case <br /> by mutual agreement if Paul Snow is unavailable . <br /> The results of the analysis and supporting data will be presented to the Orange County Office of Tax <br /> Administration in electronic and paper formats . <br />