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Dare County chair says 2025 revaluation shows property values up 67%; board pledges cautious approach to tax rate

2749861 · March 24, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Chairman Bob Woodard told residents a countywide property revaluation shows values up about 67% and reassured the public the board will pursue a revenue-neutral approach while staff prepare notices and budget discussions.

Dare County Board of Commissioners Chairman Bob Woodard said the county's revaluation this year showed a roughly 67% increase in assessed values and urged residents not to assume their tax bills will rise by the same amount.

Woodard said the state requires a revaluation at set intervals and that Dare County typically does one every five to eight years. “67% this year,” he said. “Five years ago it was in the 40 some percent. Five years…

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