Agenda - 09-02-2008 - 4e - Laserfiche WebLink

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b. That a property owner who asserts that the schedules, standards, and rules are invalid may except to the order and appeal therefrom to the Property Tax Commission within 30 days of the date when the notice of the order adopting the schedules, standards, and rules was first published. (d) Before the board of county commissioners adopts the schedules of values, standards, and rules, the assessor may collect data needed to apply the schedules, standards, and rules to each parcel in the county. G.S. 105-277. 6 Agricultural, Horticultural and Forestland - Appraisal; Computation of Deferred Tax: (a) In deteLmining the amount of the deferred taxes herein provided, the assessor shall use the appraised valuation established in the county' s last general revaluation except for any changes made under the provisions of G.S.105- 287. (b) In revaluation years, as provided in G.S. 105-286, all property entitled to classification under G.S. 105- 277.3 shall be reappraised at its true value in money and at its present use value as of the effective date of the revaluation. The two valuations shall continue in effect and shall provide the basis for deferred taxes until a change in one or both of the appraisals is required by law. The present use-value schedule, standards, and rules shall be used by the tax assessor to appraise property receiving the benefit of this classification until the next general revaluation of real property in the county as required by G.S. 105-286. G.S. 105-287 Changing appraised value of real property in years in which general reappraisal or horizontal adjustment is not made. (a) In a year in which a general reappraisal or horizontal adjustment of real property in the county is not made, the assessor shall increase or decrease the appraised value of real property, as determined under G.S. 105-286, to recognize a change in the property' s value resulting from one or more of the reasons listed in this subsection. The reason necessitating a change in the property' s value need not be under the control of or at the request of the owner of the affected property.