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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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7/3/2025 10:59:10 AM
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BOCC
Date
7/8/2025
Meeting Type
Business
Document Type
Agenda
Agenda Item
7-a
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Agenda for July 8, 2025 BOCC Meeting
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\Board of County Commissioners\BOCC Agendas\2020's\2025\Agenda - 07-08-2025 Business Meeting
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13 <br /> Performance Standards — Sales Ratio <br /> • Median Sales Ratio is found by ordering all ratios from <br /> highest to lowest and selecting the middle value, which <br /> reduces the impact of outliers. <br /> • The mean sales ratio is the average of the dataset of sales <br /> ratios. <br /> • Median sales ratio is more widely used than the mean sales <br /> ratio and the standard provided by NCDOR. <br /> ORANGE COUNTY <br /> 11 NORTH CAROLINA <br />
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