Orange County NC Website
Browse       Search
30 <br /> Commissioner Greene said it seems like the data collector would almost always want to <br /> look at the property. <br /> Nancy Freeman said it depends on the review because part of what they'll be looking at <br /> is the sales information for that neighborhood. She explained that if they aren't satisfied with what <br /> they see in the sales data, they would start looking at individual properties and that's when we <br /> might see that there will be properties that might have a change in value. <br /> Commissioner Portie-Ascott asked how the appraisal company was chosen. <br /> Nancy Freeman explained they contacted four companies, heard from three, and selected <br /> one with experience in Durham and Chatham Counties that was immediately available and <br /> familiar with the area. She elaborated that one of the companies had been utilized in Orange <br /> County previously, which added a level of familiarity and trust in their capabilities. The other two <br /> companies that responded, while reputable, did not have the same level of proximity or current <br /> knowledge of the local real estate market. She said one of the firms had most of its experience <br /> rooted in the western part of the state, which was a significant factor in opting for a company with <br /> more regional experience. Nancy Freeman highlighted that proximity was an essential criterion <br /> for the selection to ensure the appraiser would not need additional time to acclimate to the local <br /> market dynamics and logistics, making the process more efficient. The selected company <br /> displayed an eagerness to begin the project, emphasizing their immediate availability and <br /> capacity to deploy necessary resources promptly. She said this readiness was evidenced by their <br /> follow-up communications, in which they repeatedly reached out, showing anticipation to start as <br /> soon as contracts were finalized. <br /> Slide #14 <br /> Tax Assessment Work Group <br /> Charge <br /> - To evaluate the policies,processes,and procedures used by the Orange County Tax Office to assess property <br /> values. <br /> - The Work Group will provide feedback and input to a consultant retained by the County to make recommendations <br /> on changes and enhancements to the tax assessment process that will improve and ensure the accuracy and <br /> fairness of property assessments. <br /> Role <br /> Provide feedback to the consultant at milestone stages of the project:data gathering,data analysis,alternatives <br /> analysis,recommendation development,and the finalization of recommendations <br /> - Review the scope of services for consulting services? <br /> Parlicipate in vendor selection? <br /> - Others? <br /> ORANGE COUNTY <br /> 14 NORTH CAROLI NA <br />