Title:
Uniform Schedules of Values, Standards and Rules for the 2019 Revaluation
Summary
ACTION:
1. Adopt the Uniform Schedules of Values, Standards and Rules for the 2019 Revaluation; and
2. Direct the Clerk to publish a notice of the adoption of the Uniform Schedules of Values, Standards and Rules for the 2019 Revaluation
Staff Contact: Ken Joyner, Tax Assessor
Presentation: Yes
BACKGROUND/JUSTIFICATION:
To meet statutory requirements for the adoption of the Uniform Schedules of Values, Standards and Rules to be used in appraising real property at its true value and at its present-use value for the 2019 Revaluation.
The Schedules of Values and Commercial Data Study are lengthy. Accordingly, both documents are available on-line as part of the Agenda materials. A public hearing regarding these documents was held on September 5, 2018.
PROCUREMENT BACKGROUND:
N/A
POLICY IMPACT:
To comply with N.C.G.S. 105-317 regarding the procedure for the adoption of Schedules of Values, Standards and Rules for the 2019 Revaluation.
FISCAL IMPACT:
N/A