Item:
Title
Presentation of 2025 General Reappraisal Schedule of Values
Body
Date Of BOCC Meeting: October 14, 2024
Request For Board Action:
Agenda Text
The Board is requested to receive the proposed 2025 Reappraisal Schedule of Values, and to schedule and advertise a public hearing on October 28, 2024, concerning their adoption.
Per North Carolina General Statute ?105-317(c)(1), the Tax Administrator must "submit the proposed schedules, standards and rules to the board of county commissioners not less than 21 days before the meeting at which they will be considered by the board. On the same day that they are submitted to the board for consideration, the assessor shall file a copy of the proposed schedules, standards, and rules in the office where they shall remain available for public inspection."
The proposed schedules, standards and rules will be available throughout the process in the office of the Durham County Tax Administrator, and available on-line electronically by visiting the Durham County Tax Administration Website, under the 2025 General Reappraisal tab.
NCGS ?105-317(c)(2) states, "upon receipt of the proposed schedules, standards and rules, the board of commissioners shall publish a statement in a newspaper having general circulation in the county stating:
a. That the proposed schedules, standards, and rules to be used in appraising real property in the county have been submitted to the board of county commissioners and are available for public inspection in the assessor's office; and
b. The time and place of a public hearing on the proposed schedules, standards, and rules that shall be held by the board of county commissioners at least seven days before adopting the final schedules, standards and rules." The Board is requested to schedule the public hearing on its next regularly scheduled meeting date of October 28, 2024. We plan for formal adoption of the schedule of values on November 12, 2024.
Alignment With Strategic Plan: ...
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