HomeMy WebLinkAboutAgenda - 02-02-2010 - 4fORANGE COUNTY
BOARD OF COMMISSIONERS
ACTION AGENDA ITEM ABSTRACT
Meeting Date: February 2, 2010
Action Agenda
Item No.
_ SUBJECT: Property Value Changes
DEPARTMENT: Tax Administration
PUBLIC HEARING: (Y/N) No
ATTACHMENT(S):
Resolution
Spreadsheet
INFORMATION CONTACT:
Jo Roberson, 245-2727
PURPOSE: To consider approving value changes made in property values after the 2009
Board of Equalization and Review has adjourned.
BACKGROUND: North Carolina General Statute 105-325(a) provides in part that "After the
board of equalization and review has finished its work and the changes it affected or ordered
have been entered on the abstracts and tax records as required by G.S. 105-323, the board of
county commissioners shall have the authority to make changes on the abstract and tax
records." This section further enumerates the circumstances under which a board of
commissioners can make valuation changes.
The Orange County Board of Equalization and Review adjourned on December 18, 2009.
Since that time, staff has identified the need to change values as indicated on the attached
spreadsheet in accordance with the statutory provisions.
FINANCIAL IMPACT: Approval of these changes will decrease assessed value by $89,823 for
2009. This will result in a net decrease in revenue of $1,031.05 to the County, municipalities,
and special districts
RECOMMENDATION(S): The Manager recommends that the Board adopt the resolution
approving the attached value changes.
RCS- ao ~a- aa~- 2
NORTH CAROLINA
ORANGE COUNTY
VALUE CHANGE RESOLUTION
Whereas, North Carolina General Statutes 105-325 empowers the Board of County
Commissioners to order changes to tax records after the Board of Equalization and Review has
adjourned; and
Whereas, the Board of Equalization and Review has adjourned for the year 2008.
NOW, THEREFORE, IT IS RESOLVED BY THE BOARD OF COUNTY
COMMISSIONERS OF ORANGE COUNTY THAT the recommended property tax value changes are
ordered.
Upon motion duly made and seconded, the foregoing resolution was passed by the following
votes:
Ayes: Commissioners
Noes:
I, Donna Baker, Clerk to the Board of Commissioners for the County of Orange, North
Carolina, DO HEREBY CERTIFY that the foregoing has been carefully copied from the recorded
minutes of the Board of Commissioners for said County at a regular meeting of said Board held on
said record having been made in the Minute Book of the minutes of said Board, and is
a true copy of so much of said proceedings of said Board as relates in any way to the passage of the
resolution described in said proceedings.
WITNESS my hand and the corporate seal of said County, this day of
2010
Clerk to the Board of Commissioners
YNLIlC VI'7HIVbCJ 1b.7 7UC~-3L5)
February 2, 2010
Name
Map Ref
Tract #
Old Value
New Value Value
Difference Rate
Code Financial
Impact Property
Description
Reason for Adjustment
Evelyn Neville 7.22..4G 757937 4,720 1,000 3,720 11 -40.26 Personal Pro Value Change is for 2009
Personal property (mobile home) valued
in excess of fully depreciated miminum
Peter Slomianyj
7.128.6.296
708879
55,559
28,891
-26,668
17
-292.39
Real Estate value and appealed timely.
Value Change is for 2009
To apply the same adjustment as ordered
by the Property Tax Commission for
previous years.
William Baldwin 6.376..5 624559 61,597 9,240 -52,357 01 -477.29 Land Value Change is for 2009
Land adjustment related to court order
File # 03-CVD-163
-89,823 -1,031.05
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