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HomeMy WebLinkAboutAgenda - 09-20-2016 - 5-b - Public Hearing on the 2017 Reappraisal Proposed Schedules of Rules, Standards and Values 1 ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: September 20, 2016 Action Agenda Item No. 5-b SUBJECT: Public Hearing on the 2017 Reappraisal Proposed Schedules of Rules, Standards and Values DEPARTMENT: Tax Administration ATTACHMENT(S): INFORMATION CONTACT: Dwane Brinson, Tax Administrator, UNDER SEPARATE COVER 919-245-2726 2017 Reappraisal Schedule of Values ON FILE IN TAX ADMINISTRATION OFFICE AND CLERK'S OFFICE AND AVAILABLE ELECTRONICALLY AT: http://www.orangecountync.gov/departm ents/tax/revaluation.php PURPOSE: To conduct a public hearing scheduled for this meeting on the 2017 Reappraisal Proposed Schedules of Rules, Standards and Values. BACKGROUND: As required by North Carolina General Statutes (NCGS) 105-317, the proposed Schedules of Values (SOV) to be used in conducting the 2017 reappraisal were submitted to the Board of County Commissioners on September 6, 2016. At that time, a public hearing was set for September 20, 2016, and notice was duly advertised in the Durham Herald Sun, the News of Orange and the Chapel Hill News on September 7, 2016. The proposed Schedules have been available for public inspection in the Orange County Tax Office, Orange County Clerk to the Board's Office, and on the Orange County Tax Office website (available at http://www.orangecountync.gov/departments/tax/revaluation.php) since September 6, 2016. The public hearing is the second step in a three-step process to adopt the Schedules that will be used in conducting the 2017 reappraisal. The Board will be asked to adopt the Schedules at its October 4, 2016 regular meeting. Following adoption, the Schedules will be appealable to the State Property Tax Commission for thirty (30) days. The timeline for the 2017 Reappraisal Schedule of Values adoption process is as follows: • September 6, 2016: Submission to Orange County Board of Commissioners • September 7, 2016: Advertise in newspaper • September 20, 2016: Public hearing on SOV • October 4, 2016: Adoption of SOV • October 5, 2016: Publish 1st notice of adoption • October 12, 2016: Publish 2nd notice of adoption 2 • October 19, 2016: Publish 3rd notice of adoption • October 26, 2016: Publish 4th notice of adoption • November 3, 2016: Last day for taxpayer to appeal the SOV FINANCIAL IMPACT: None. SOCIAL JUSTICE IMPACT: There is no Orange County Social Justice Goal impact associated with this item. RECOMMENDATION(S): The Manager recommends that the Board: 1) conduct the public hearing to receive comments from the public; 2) close the public hearing; 3) provide any comments or direction to staff; and 4) acknowledge that staff will be presenting the SOV at the Board's October 4, 2016 regular meeting for approval.