Title
Receive Presentation of Chatham County’s 2021 Reappraisal
Abstract
Action Requested: Receive presentation of Chatham County’s 2021 reappraisal.
Introduction & Background: North Carolina G.S. 105-286 mandates each county must reappraise all real property in accordance with the provisions of G.S. 105-283 and G.S. 105-317 as of January 1 of the year set out in the following schedule and every eighth year thereafter, unless the county chooses to advance the date under subdivision (3) which states a county may conduct a reappraisal of real property earlier than required if the Board of County Commissioners adopts a resolution providing for advancement of the reappraisal.
Discussion & Analysis: In February of 2017, the Board of Commissioners adopted a resolution for a four-year reappraisal cycle. We have invited Ryan Vincent a representative for Vincent Valuations to speak to the Board of Commissioners regarding the 2021 reappraisal.
How does this relate to the Comprehensive Plan: N/A
Budgetary Impact: N/A
Recommendation: Receive presentation of Chatham County’s 2021 reappraisal.