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6 <br /> 1 Slide #2 <br /> 2025 Revaluation Review Purpose <br /> • Provide descriptions of the types of analyses that are being performed on the <br /> 2025 revaluation results based on different property characteristics and <br /> provide acceptable margins; and <br /> • Outline the actions that will be taken by the Tax Office for properties outside <br /> of the acceptable margins. <br /> ORANGE COUNTY <br /> 2 NOR 1'H C:ARC71..1 NA <br /> 2 <br /> 3 <br /> 4 Slide #3 <br /> Description of Study <br /> On June 1, 2025 the Tax Office requested that a third party <br /> vendor provide a study to compare valuation data from <br /> 2024 to 2025 to determine whether specific property or <br /> building types experienced greater percentage growth, and <br /> if so, identify the corresponding growth rates. <br /> Additionally, the Tax Office requested that the vendor <br /> provide a vertical equity analysis to assess whether lower- <br /> value homes are being overvalued and higher-value homes <br /> undervalued. <br /> ORANGE COUNTY <br /> 3 NORTH CAROLINA, <br /> 5 <br /> 6 <br /> 7 <br />