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15 <br /> 1 Slide #18 <br /> 2025 Revaluation Appeals - Informal <br /> • 388 of informal appeals also appealed formally to the Board of <br /> Equalization and Review (BOER) <br /> — Total reduction $10,957,700 <br /> — 361 Residential, 27 Commercial <br /> • At BOER, 300 had additional reduction,10 increased, 78 had no <br /> change <br /> — Total reduction $37,115,588 <br /> �1 <br /> 18 ORAN GE COUNTY <br /> NTO2 <br /> 3 <br /> 4 Slide #19 <br /> 2025 Revaluation Appeals - Formal <br /> • The Board of Equalization and Review is a 3-member volunteer board <br /> — Apply to the Board of Commissioners <br /> — Appointed by the Board of Commissioners for a 2-year appointment <br /> • 2025 Board of Equalization and Review (BOER) held meeting to convene <br /> May 5, 2025 to begin accepting formal appeals <br /> ■ 15 pre-adjournment meetings <br /> ■ 2025 BOER adjourned July 31, 2025 <br /> ■ 58 post-adjournment meetings to hear all appeals received through July 31st <br /> ■ Final meeting February 11, 2026 <br /> ORANGE COUNTY <br /> 19 NORTH CAROLINA <br /> 5 <br /> 6 <br /> 7 <br />