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Agenda 07-08-2025; 7-a - Report on 2025 Revaluation Review Efforts
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Agenda 07-08-2025; 7-a - Report on 2025 Revaluation Review Efforts
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7/3/2025 10:55:56 AM
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7/8/2025
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Business
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Agenda
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7-a
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Agenda for July 8, 2025 BOCC Meeting
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20 <br /> Action : What the Tax Office Will Do <br /> Tax Administration will follow the standards for PRD as set by the IAAO to <br /> identify categories outside of the accepted standards. PRD is an indicator of <br /> the presence of possible issues, a signal to do further review. It does not <br /> always identify that there is an issue, or what issue needs to be addressed. <br /> Once the review has been completed based on PRD for the different <br /> categories, Tax Office will look at the neighborhoods that make up <br /> categories outside the standard range. The analysis at the neighborhood <br /> level will indicate if there is an issue that needs to be addressed or if the <br /> PRD is off due to explainable reasons: new construction or a missed <br /> exemption for example. <br /> ORANGE COUNTY <br /> 18 NORTH CAROLINA <br />
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