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Commissioner Brown - Tax - Pursuant to N.C.G.S.105-286 and 105-317(b)(1), the Tax Director Requests BOC Acceptance of the 2019 Schedule of Values for Reappraisal of Real Property
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STAFF CONTACT
James Tanner - Director of Revenue - 704-810-5840
BUDGET IMPACT
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Funds allocated and no additional County funds are required.
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BUDGET ORDINANCE IMPACT
No impact. Schedule of Values are required to be adopted for use in County-wide Reappraisal.
BACKGROUND
In preparation for each reappraisal of real property required by the North Carolina General Statutes 105-286, it shall be the duty of the assessor to see that; Uniform schedules of value, standards and rules to be used in appraising real property as it's true value and it's present-use value are prepared and are sufficiently detailed to enable those making appraisals to adhere to them in appraising real property. Therefore; then as required, this Document (Schedule of Values, Standards and Rules) has been prepared in accordance with Chapter 105, Subchapter II, Article 19, Section 105-317, Paragraph (b) (1) of the General Statutes of North Carolina and Standard 5 and 6 of the Uniform Standards of Professional Appraisal Practice as developed by the Appraisal foundation.
POLICY IMPACT
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ATTACHMENTS
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