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Agenda 03-05-2026; 4-b - Final Report on Neighborhood Reviews and Revaluation Appeals
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Agenda 03-05-2026; 4-b - Final Report on Neighborhood Reviews and Revaluation Appeals
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2/26/2026 3:30:38 PM
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2/26/2026 3:33:42 PM
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BOCC
Date
3/5/2026
Meeting Type
Business
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Agenda
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4-b
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Agenda for March 5, 2026 BOCC Meeting
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185 <br /> 2025 Revaluation Appeals <br /> • In addition to Tanner Valuation Group assisted with data collection for <br /> informal and formal appeals. <br /> • Original estimate for reduction to Tax Base was 3%, or $936, 162,977 <br /> • At completion of formal appeals, reduction is at 1 .47%, or $458,651 ,081 . <br /> — This is in line with the amount of reduction at the 2021 revaluation, which was 1 .5% <br /> • Additional reduction expected from next step in appeals process to the NC <br /> Property Tax Commission. <br /> ORANGE COUNTY <br /> 16 NORTH CAROLINA <br />
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