Title
Receive presentation of Chatham County’s 2017 revaluation Schedule of Values, and vote on a request to schedule a public hearing
Abstract
Action Requested: Receive presentation of Chatham County’s 2017 revaluation Schedule of Values, and vote on a request to schedule a public hearing.
Introduction & Background: NC General Statute 105-317(c) mandates that the Schedule of Values must be presented to the Board of Commissioners, and approved prior to January 1 of the revaluation year. At the time of the presentation, the Board of Commissioners shall set a public hearing for the consideration of the Schedule of Values. Also, the Board of Commissioners shall schedule a meeting to approve the Schedule of Values as presented on a date after the public hearing.
Discussion & Analysis: After submission to the Board of Commissioners, the Assessor will make available a copy of the Schedule of Values to be kept in his office for public inspection. Once approved, the schedule will remain in place until the time of the next general county-wide revaluation.
Budgetary Impact: None.
Recommendation: Accept the 2017 Schedule of Values as presented, and take action to schedule a public hearing.