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16 <br /> Travis Myren said yes. <br /> Commissioner Richards asked Travis Myren to line up the charts on #3. <br /> Travis Myren said he would revise the chart. <br /> Commissioner Richards asked him to talk a little more about the school project review on <br /> the 21 1'. <br /> Commissioner Hamilton said the schools had amended some of the recommendations <br /> from Woolpert. She said they would come to a meeting on May 21st and present what their plans <br /> are so they can be aligned with the principles of Woolpert. <br /> Chair Bedford petitioned for the Board to receive information on the policy, powers, and <br /> options they have related to school facility funding, especially if it is project-based before their <br /> summer break. <br /> Commissioner Richards clarified that the meeting on May 21 It would be a reconciliation of <br /> the school and Woolpert plan with a focus on specific projects. <br /> Commissioner Hamilton said if there is a specific project that is different than what <br /> Woolpert proposed, they would explain the changes. She said it will help commissioners and <br /> county residents to know exactly what tax money is being spent on. <br /> Chair Bedford said there may be conflict or disagreement on the projects. She recalled <br /> that in 2016, actual projects were not on the bond, but there were approvals made after the bond <br /> was approved. She said they want a plan, and they want it to be using the facility indexes, but <br /> they may not get there on May 21 It. <br /> Commissioner Hamilton said there are so many great needs that they know they will spend <br /> the bond funds and because of the steps to get the bond onto the ballot, the money is being <br /> requested first and then they will determine what projects they can fund later. She said that it is <br /> very important for commissioners to know what the county's policies are and how they will make <br /> sure the bond is spent the way they intend it to be. <br /> Commissioner Richards asked if all of the capital costs for the Southern Branch Library <br /> were covered. <br /> Travis Myren said they do not expect any additional expenses for the Orange County <br /> Southern Branch Library. <br /> Chair Bedford said she would like to understand the timing of county projects. She said it <br /> doesn't seem possible for the Justice Center to be ready in a year. She asked about the behavorial <br /> health as well. She said she thinks that EMS should be the number one priority, but that is three <br /> years out. She asked staff to bring that information back to the CIP work session. <br /> Chair Bedford thanked all of the staff for their work in creating the recommended CIP. <br /> c. 2025 Orange County Revaluation Update <br /> The Board received a high-level overview presentation on the process for the 2025 countywide <br /> property revaluation. <br /> BACKGROUND: North Carolina counties must conduct a property revaluation at least once <br /> every eight years. Orange County's last revaluation took effect January 1, 2021. With Orange <br /> County having chosen to conduct a revaluation every four years, the next revaluation will have an <br /> effective appraisal date of January 1, 2025. Tax Office staff began working on the 2025 <br /> revaluation in mid-2022. In March 2023 the Tax Office sent each owner of improved real property <br /> a Data Validation form. Property owners were asked to return the form with any corrections to the <br /> data provided. This has been a practice for the last three revaluation cycles as an effort to ensure <br /> accurate records. <br /> A revaluation is necessary to realign the values of real property throughout the County to maintain <br /> equitable and uniform property values among property owners. Market values are shaped by <br /> property sales, and the Tax Office's responsibility is to look at those sales, interpret the market <br />