HomeMy WebLinkAboutAgenda - 09-13-2022; 1 - Property Tax Assessment Presentation from UNC School of Government 1
ORANGE COUNTY
BOARD OF COMMISSIONERS
ACTION AGENDA ITEM ABSTRACT
Meeting Date: September 13, 2022
Action Agenda
Item No. 1
SUBJECT: Property Tax Assessment Presentation from UNC School of Government
DEPARTMENT: Tax Administration
ATTACHMENT(S): INFORMATION CONTACT:
PowerPoint Presentation (To Be Provided Nancy T. Freeman, Tax Administrator,
Prior to or at the Meeting) (919) 245-2735
Bonnie Hammersley, County Manager,
(919) 245-2300
Travis Myren, Deputy County Manager,
(919) 245-2300
PURPOSE: To receive a presentation on Property Tax Assessment from staff with the UNC
School of Government, including basic information on the purposes of a revaluation.
BACKGROUND: The Tax Administration office conducts a County-wide revaluation every four
years. The most recent revaluation was effective January 1, 2021. Revaluation is a process where
all property within a taxing jurisdiction is revalued to its current market value as of an established
date. The purpose is to fairly reflect the value of all property and to help ensure that property
owners pay equitable tax based on the value of their property.
Due to unparalleled increases in the market prior to the January 1, 2021 revaluation date,
properties county-wide saw a substantial increase in their property tax values upon the
revaluation. In addition, community leaders shared information previously unknown to the Tax
Assessor concerning a neighborhood conservation district in Chapel Hill. Under the direction of
the Board of Equalization and Review, the Tax Assessor's office reviewed and made changes to
the values of many of the properties in the district. These unique situations have increased the
amount of contact between constituents and members of the Board of Commissioners concerning
property values. This presentation will provide additional information to Board members about
Property Tax Assessment and Revaluation to assist the Commissioners in responding to the
concerns of taxpayers.
The presenters are from the School of Government at the University of North Carolina. The
presenters are Christopher B. McLaughlin, Professor of Public Law and Government, and Kirk
F. Boone, Teaching Assistant Professor in Public Finance and Government.
Professor of Public Law and Government Christopher B. McLaughlin has worked with the School
of Government since 2008. Mr. McLaughlin works in the area of local government tax and finance,
along with ethics for government attorneys. Mr. McLaughlin has written books on property tax
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collections, tax foreclosures, and occupancy taxes, and has published over 200 blog posts,
including on subjects such as local taxes and legal ethics.
Teaching Assistant Professor in Public Finance and Government Kirk F. Boone has worked with
the School of Government since 2014, and began his governmental career in 1992 working with
the North Carolina Department of Revenue as a Property Valuation Specialist. Mr. Boone holds
designations from the North Carolina Association of Assessing Officers and the International
Association of Assessing Officers. Mr. Boone is a national instructor for the IAAO International
Association of Assessing Officers.
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.
ENVIRONMENTAL IMPACT: There is no Orange County Environmental Responsibility Goal
impact associated with this item.
RECOMMENDATION(S): The Manager recommends that the Board receive the presentation
and provide any comments or questions.