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2 <br /> The timeline for the 2025 Reappraisal Schedule of Values adoption process is as follows: <br /> a. September 5, 2024: Submission to Orange County Board of Commissioners <br /> b. September 6, 2024: Advertise in local newspaper <br /> c. October 1, 2024: Public Hearing on SOV (with a full presentation by staff) <br /> d. October 15, 2024: Adoption of SOV <br /> e. October 16, 2024: Publish 1st notice of adoption <br /> f. October 23, 2024: Publish 2nd notice of adoption <br /> g. October 30, 2024: Publish 3rd notice of adoption <br /> h. November 6, 2024: Publish 4th notice of adoption <br /> i. November 14, 2024: Last day for taxpayer to appeal the SOV <br /> FINANCIAL IMPACT: There is no financial impact associated with this item. <br /> ALIGNMENT WITH STRATEGIC PLAN: There are no Orange County Strategic Plan Goals <br /> applicable to this item. <br /> RECOMMENDATION(S): The Manager recommends that the Board: <br /> 1) receive the proposed schedules, standards, and rules from the Tax Administrator; <br /> 2) schedule the public hearing on October 1, 2024 concerning the adoption of the SOV; and <br /> 3) direct staff to publish in The News of Orange and The News & Observer the proper <br /> advertisements concerning the public inspection and public hearing times. <br />