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County assessor explains revaluation timing: moving reappraisal to 2025 could have raised values another 6–7%
Summary
A county valuation official told commissioners that a 2025 revaluation would likely have produced appraisal increases roughly 6–7% higher than the 2024 revaluation figures, and that state law (G.S. 105-286) requires a revaluation at least once every eight years and can mandate earlier action under certain sales-ratio thresholds.
Cabarrus County valuation staff presented data and legal context June 16 showing why the county’s optional schedule and statutory requirements matter for property tax reappraisals.
David Thrift (presenter) explained that North Carolina General Statute 105-286 requires counties to conduct a revaluation at least once every eight years and allows commissioners to adopt a shorter cycle. The statute also creates a mandatory advancement…
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