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HomeMy WebLinkAboutAgenda - 10-04-2016 - 7-a - Approval of 2017 Schedule of Values 1 ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: October 4, 2016 Action Agenda Item No. 7-a SUBJECT: Approval of 2017 Schedule of Values DEPARTMENT: Tax Administration ATTACHMENT(S): INFORMATION CONTACT: Order of Adoption Dwane Brinson, Tax Administrator, 919-245-2726 UNDER SEPARATE COVER 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 adopt an Order of Adoption approving the proposed 2017 Reappraisal Schedule of Values. BACKGROUND: The proposed 2017 Schedule of Values was presented to the Board at the September 6, 2016 regular meeting. On September 7, 2016 the Tax Assessor advertised in the News of Orange, Herald Sun, and Chapel Hill News notice of the availability of the Schedule of Values for public inspection, and the date of the public hearing on the Schedule of Values. The Board held the public hearing regarding the Schedule of Values on September 20, 2016 regular meeting. Per North Carolina General Statute (NCGS) 105-317(c)(1), "the [Tax] Assessor shall 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 its consideration, the assessor shall file a copy of the proposed schedules, standard, and rules in his [or her] office where they shall remain available for public inspection." In addition, 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 2 b. The time and place of a public hearing on the proposed schedules, standard, 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 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 • 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: There is no Financial Impact associated with this item. SOCIAL JUSTICE IMPACT: There is no Orange County Social Justice Goal impact associated with this item. RECOMMENDATION(S): The Manager recommends that the Board adopt and authorize the Chair to sign the attached Order of Adoption approving the proposed 2017 Reappraisal Schedule of Values and direct staff to publish in The Herald Sun, News of Orange and Chapel Hill News the proper advertisements concerning the notice of adoption. 3 ORDER ADOPTING THE SCHEDULES OF RULES, STANDARDS AND VALUES FOR MARKET VALUE AND PRESENT-USE VALUE WHEREAS, pursuant to N.C.G.S. 105-286, all real property in Orange County will be reappraised in accordance with the provisions of N.C.G.S. 105-283 and N.C.G.S. 105-317 as of January 1, 2017; and WHEREAS, pursuant to the provisions of N.C.G.S. 105-317, the Tax Administrator submitted the proposed Schedules of Rules, Standards and Values for Market Value and Present-Use Value to the Board of County Commissioners on September 6, 2016; and WHEREAS, notice of submission to the Board of County Commissioners and the date of a required public hearing was advertised in the Chapel Hill News, Durham Herald Sun and News of Orange on September 7, 2016; and WHEREAS, a public hearing on the proposed Schedules of Rules, Standards and Values was held on September 20, 2016; NOW,THEREFORE, IT IS ORDERED that the submitted Schedules of Rules, Standards and Values to be used in appraising all real property located in Orange County as of January 1, 2017 is hereby adopted. Notice of this order of adoption shall be published once per week for four consecutive weeks in the Chapel Hill News, Durham Herald Sun and News of Orange. The adopted Schedules of Rules, Standards and Values shall be appealable to the State Property Tax Commission for thirty days, ending November 3, 2016. The adopted Schedules of Rules, Standards and Values is available for public inspection at the Orange County Tax Office, 228 S. Churton Street, Hillsborough, NC; Clerk to the Board of Commissioners, 200 S. Cameron Street, Hillsborough; all Orange County Public Libraries,the Chapel Hill Public Library, and electronically on the Orange County website. So ordered this 4th day of October, 2016. Earl McKee, Chair Orange County Board of Commissioners