Orange County NC Website
22 <br /> Slide #30 <br /> General Government <br /> • Tax Administration — page 228 <br /> F Total expenditure budget-$4,867,322 <br /> — NL-tCauntycaetocnaeeeof$444,695comparedto&sseBWget <br /> F Recommended BudgetChanges <br /> $3,03.122IhCr► farconlMOrWcaxluctcommwlal*pprsaoft for the 2026Roaluabon <br /> » Caurrty capital reservee fording used <br /> — $11,750faraddilionatoveftimeinpmpsraUon cif 2025Revalustion <br /> — $8,523 increase farlexasseeementeoftwaresystem <br /> ORANGE COUNTY <br /> 1D MORT[[CARC}L]NA <br /> Slide #31 <br /> General Government <br /> Assessed Home Value by Tax Jurisdiction <br /> — Based on 2021 Revaluation <br /> NCDOR nonce that median sales assesenlenl ral6o al 69.5% <br /> Triggers mvaluatlon within three years—already scheduled <br /> Jurlradl�llmr #of QuaYfied Median A;ssassed Value Medinn Sales Price Assessed Value as <br /> sales % of Sale Prise <br /> Carrtlom 263 33405W $475,000 71.7% <br /> Chapel Hill 617 5373-W S495,444 75.4% <br /> Durham 0 5232,460 WA <br /> Hillsborough 225 S269,404 S424,0N 64.1% <br /> Metane 1�9 $227,900 $355,000 64,2% <br /> uninc-o"raled CC 671 S265.8W $415,000 64.09b <br /> ORANGE COUNTY <br /> 31 MORT[[C#ADL]NA <br /> Vice-Chair McKee asked if any thought has been given to how to avoid radical increases <br /> and the situations like were in the North Side community last time. <br /> Nancy Freeman said there is a plan in place where they see a large increase or if they <br /> have a large number of appeals, they will do an in-person or in field assessment. <br />