Orange County NC Website
29 <br /> Slide #12 <br /> Neighborhood Level Equity Analysis <br /> • Neighborhoods identified by the Orange County Property Tax Justice Coalition <br /> - Reviewing all 19 neighborhoods identified <br /> 10 of the 19 were also identified by the Tax Office study for closer review <br /> • If adjustments to values are made... <br /> - Tax Office notifies property owner of revised value;Owner has 15 days to appeal <br /> • If adjustments to values are made and property tax bill already paid... <br /> Lower value=lower tax bill=refund to taxpayer <br /> - Higher value=higher tax bill=notice of additional tax due to taxpayer <br /> • County Manager authorized use of contracted professional appraisers to expedite neighborhood <br /> reviews <br /> • Expected completion in mid-November ORANGE COUNTY <br /> 12 NORTH CAROLINA <br /> Slide #13 <br /> Orange County NBC Review <br /> Geographic distribution of -� <br /> neighborhood level reviews ' <br /> --- Pink-outside <br /> statistical standards <br /> • Teal-<5 sales; <br /> selected by Tax Office <br /> • Orange-identified by <br /> the Orange County <br /> Property Tax Justice <br /> Coalition <br /> - ORANGE COUNTY <br /> 13 NORTH CAROLINA <br /> Vice-Chair Hamilton asked what the role of the data person will be in this. <br /> Travis Myren said the data person would gather on-site measurements and verify property <br /> details. <br /> Nancy Freeman said appraisers would analyze this information against sales data to <br /> identify any disparities. <br />