Appealable issues versus Non-appealable issues
We strive to take a “value snapshot” of the County as of January 1, each year. In order to incorporate new construction, including remodeling we use the same appraisal manual and methods used to appraise properties that were in existence for the 2021 Revaluation. By doing this, we believe everyone is paying their “fair share” of annual tax dollars to the County and municipalities.
The following reasons are among those having no legal basis for a change in value:
The last two reasons above are particularly difficult to understand. However, the answer is firmly grounded in law and is part of the reason we can say everyone is paying a “fair share”. NCGS 105-287 says, in part:
“… In a year in which a general reappraisal . . . is not made, the assessor may not increase or decrease the appraised value . . . to recognize a change in value caused by:
(1) Normal physical depreciation of the improvements; (2) inflation, deflation or other economic changes affecting the county in general . . . “
In addition, appeal courts support the above. In re Allred, 351 N.C. 1, 519 S.E. 2d 52 (1999) the Court said: “A post-octennial revaluation sale is not a statutory permissive basis for adjusting a property’s tax valuation.” During the life-cycle of the 2021 revaluation, neither party (you nor we) may use a sale that occurred after December 31, 2020.
The following reasons are among those that DO have a legal basis for a reduction in value:
The North Carolina General Statutes permit property owners to appeal their assessed values during the revaluation year, as well as during each non-revaluation tax year. The appeal must be filed, in writing, before the Board of Equalization and Review adjourns.