Orange County NC Website
25 <br /> 1 Slide #4 <br /> Background <br /> • Value notices were distributed in March of 2025 <br /> Residential properties increased by 52%on average <br /> Concerns from residents regarding the accuracy and fairness of the revaluation process particularly in historically <br /> Black neighborhoods <br /> • County Response to Gate <br /> Technical support from Tax Office on how to file an appeal of value <br /> - Countywide and neighborhood level equity studies <br /> Creation of Tax Assessment work Group to work with a consultant to evaluate and make recommendations on <br /> improvements to the assessment process,policies,and procedures <br /> Tax payments due on September f, 2025 <br /> Tax payments past due after January 5, 2026 <br /> - Fast due payments begin accruing interest penalties <br /> ORANGE COUNTY <br /> 4 NORTH CAROLINA <br /> 2 <br /> 3 <br /> 4 Slide #5 <br /> Status of Appeals <br /> The number of appeals is higher than previous revaluations <br /> 2025 Appeals 12021i <br /> informaIAppeaIs 3,348 1,682 2,238 <br /> Formal Appeals 908 412 316 <br /> Total Appeals 4,256 2,094 2,654 <br /> - Median residential decrease-$25,990 or 6%decrease in value <br /> Median nonresidential decrease-$288,700 or 13%decrease in value <br /> • 944 appeals pending decisions on value adjustments <br /> - 114 pending informal appeals may be appealed again to the Board of Equalization and Review <br /> All appeals completed by mid-December 2025 <br /> GRAIN GE COUNATY <br /> 5 <br /> 6 <br /> 7 <br /> 8 <br /> 9 <br />