Orange County NC Website
35 <br /> 1 Slide #2 <br /> Purpose <br /> 1. Receive update on appeals of property value and neighborhood reviews <br /> fallowing the revaluation <br /> ORANGE COUNTY <br /> 2 NOR-UH CAROLINA <br /> 2 <br /> 3 <br /> 4 Slide #3 <br /> Dashboard <br /> Orange County 2025 Appeals Status Namur.of <br /> aemPkled Number of Percentaaaaage <br /> Data as of:October 13,2025 Number a IMOnnal appeal6 se tared 'app d` m <br /> Imo aw etal experienced& vau for MR <br /> completed by the Tax Office ar Conhp W cdhwga it watua clue reAfdtaY properties wet <br /> fpmhal apppeals:Wplated by Assisted Mass Ip the appeal tiase due W elgt�n4ent ed a <br /> the Hoard of Equakzat,a and the dDpeal .®lue shame <br /> Remw tom) <br /> NumberofAppeals Velum <br /> Total Appeals Completed In Process Untimely Values Updated A w/Value Change Total Appeals Value Reduction Percent Reduced <br /> Informal 3,346 3,329 17 3,355 2,134 $ 200,197,979 5.96% <br /> Formal 1,109 439 670 70 290 236 $ 19,695,492 0.59% <br /> Totals 4,455 3,768 687 70 3,645 2,370 $ 219,893,471 <br /> I>erzoentege <br /> reduction In <br /> Number of canpleled neighborhopd re+tem ictal rm base <br /> aWch included a Loral of 1,407 properties of <br /> 10i13f4025 <br /> Neighborhoods Reviewed 12 Appeals Value Reduction $ 219,893,471 <br /> Properties w/Value Change 432 Neighborhood Review Value Reduction $ 23,519,300 <br /> t Total Value Reduction ; 243,412,771 0.78% <br /> Number mf proper alai a pxi .d a <br /> chano M Value end entered 41-40 ale <br /> Computer <br /> Assisted rlaer Appraael(LAMA) AdeWed Badged assumed a 3%redacWrh In <br /> lax base due to appeata Estimated Value Reduction to Tax Base $ 936,162,977 <br /> 3 <br /> 5 <br /> 6 <br /> 7 <br /> 8 <br />