Orange County NC Website
23 <br /> 1 Chair Bedford said looking at the outlier first is an efficient way to begin figuring out why <br /> 2 data is skewed. She gave an example of two properties in a neighborhood, one that is a <br /> 3 minority owned regular house and one that is a student rental. She said the regular house is <br /> 4 valued higher than the rental. She said she was concerned the study wouldn't capture that <br /> 5 information. <br /> 6 Nancy Freeman said she had seen a similar situation. She said the rental property was <br /> 7 under renovation as of January 1, 2025 and only at 10-20% completion. She said when <br /> 8 finished, that property will have a value of over $1 million. She said by law, they can only value <br /> 9 property at whatever completion point it is at. She said without seeing properties she can't say, <br /> 10 she encouraged people to appeal their values if they have concerns. <br /> 11 Commissioner Portie-Ascott asked what the process is for reviewing values after the <br /> 12 initial analysis. <br /> 13 Nancy Freeman said issues should be caught by the appraiser reviewing that <br /> 14 neighborhood after running the sales analysis. <br /> 15 Chair Bedford asked how values are affected by major renovations. <br /> 16 Nancy Freeman said that new construction is reviewed annually. She said if renovations <br /> 17 are done in 2027, they would receive the permit information, but they would use values based <br /> 18 on 2025. <br /> 19 Commissioner McKee requested a point of privilege to provide a comment before the <br /> 20 public made remarks. <br /> 21 Chair Bedford granted the privilege. <br /> 22 Commissioner McKee said the county is a vassal of the state. He said they cannot <br /> 23 exceed what the state allows the county to do. He said there are regulations of how to do <br /> 24 revaluations. He said they can set the tax rate, but they cannot re-evaluate properties <br /> 25 differently. He said he's spoken with legislators, and it will be difficult to allow age of resident, <br /> 26 age of property, tenure of ownership, and income of the resident to be considered. He said <br /> 27 there is a law in Texas that freezes property taxes for owners over 65. He said people are <br /> 28 caught when they are on fixed incomes and their values increase. He said people need to <br /> 29 contact their legislators. <br /> 30 Chair Bedford asked for clarification from the County Attorney on what the Board of <br /> 31 Commissioners is allowed to do for requesting that properties be reviewed by the Board of <br /> 32 Equalization and Review. <br /> 33 John Roberts said a random person cannot appeal on someone else's behalf. He said it <br /> 34 must be someone with interest in the property. <br /> 35 Chair Bedford asked what would happen if the Tax department found an error. <br /> 36 John Roberts asked Nancy Freeman to respond to the question. <br /> 37 Nancy Freeman said that's what they are doing with the study. She said if they find <br /> 38 errors they will take them to the Board of Equalization and Review. <br /> 39 John Roberts said what the Tax department does is limited by statute. <br /> 40 Commissioner Greene said that the example cited by Commissioner McKee was <br /> 41 actually something that only school districts are allowed to do in Texas. <br /> 42 Chair Bedford said the actions by the Tax department are short-term and the County <br /> 43 Manager will develop a long-term study group to see if there are other more equitable tools that <br /> 44 could be used. She said the Board may have to consider if it is more equitable for residents to <br /> 45 have a two-year revaluation process. <br /> 46 <br /> 47 PUBLIC COMMENTS: <br /> 48 Beverly Walton said she lives in a neighborhood started by her parents. She expressed <br /> 49 concern that her taxes will become too high, and she will be unable to leave her child the <br /> 50 property. She said it feels like communities like hers are being forced out. <br />