Property

Alexander Commissioners Focus on Property Revaluation

Because the Alexander County Tax Workplace prepares for the 2023 revaluation, Tax Administrator Doug Fox and Jimmy Tanner with Tanner Valuation Group offered a revaluation replace and schedule of values to the Alexander County Board of Commissioners at Monday’s (August 1) assembly. By N.C. Common Statute, counties are required to conduct a revaluation not less than each eight years.

Fox stated there are roughly 25,000 parcels in Alexander County. Of these parcels, about 12,000 have “enhancements” comparable to a home or construction. Tax workplace employees has been visiting county parcels over the previous two years to confirm property information. He stated that is the tax workplace’s first in-house parcel overview, which might have value $750,000 if outsourced.

Fox stated the reappraised property values will go into impact on January 1, 2023. Tanner stated that the purpose of a reappraisal is to regulate property tax values to the present market worth. Valuation notices are anticipated to be mailed to all property homeowners in February or March 2023. They’ll state the brand new assessed worth as of January 1, 2023. The discover will comprise info concerning the attraction course of; nonetheless, if the property proprietor believes the worth is affordable and honest, no motion is required.

A duplicate of the schedule of values, requirements, and guidelines is out there for public inspection on the tax workplace and county administration workplace. A public listening to to debate the schedule of values can be held on the September 19 assembly of the Board of Commissioners.

In different motion at Monday’s Alexander County Board of Training assembly, the September 12 board assembly was rescheduled for September 19. The board permitted a venture price range ordinance for the Alexander Industrial Park Sewer Venture within the quantity of $452,330, which is funded by grants from the Appalachian Regional Fee and the NC Division of Environmental High quality.

The board permitted one other venture price range ordinance for the Rural Transformation Grant “Alexander County – Housing Our Lecturers Downtown Revitalization Venture” within the quantity of $750,000, which is funded by an NC Commerce grant of $650,000 and $100,000 in county funds (extra particulars about this venture coming quickly). The board additionally permitted three price range amendments.

Within the County Supervisor’s Report, Rick French requested commissioners in the event that they needed to use for an NC Parks and Recreation Belief Fund (PARTF) grant for the Bethlehem Park enhancements. If awarded, the grant might whole as a lot as $500,000, with a county match of the identical quantity. The park venture is estimated at $1.3 million, so a part of the improve could possibly be accomplished whereas the grant utility is submitted. Commissioners requested Mr. French to debate the venture with the engineer, collect some pricing info, and talk about the matter on the September assembly.

[Story courtesy of Rick Gilbert, WACB]

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