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County tax administrator recommends advancing revaluation to 2028 and upgrading aerial imagery; commissioners postpone action
Summary
Todd Hurst, Rockingham County tax administrator, recommended on Aug. 18 that the county advance its next desktop property revaluation from 2029 to 2028 to reduce the risk of state-mandated equalization of public-service company values.
Todd Hurst, Rockingham County tax administrator, recommended on Aug. 18 that the county advance its next desktop property revaluation from the planned 2029 cycle to 2028. Hurst said the change would reduce the risk of a state-mandated equalization of public service (utility) property values if the county's NCDOR sales-assessment ratio moves outside statutory thresholds.
Hurst explained two separate measures that affect revaluation timing: the NCDOR sales-assessment ratio study (which uses a median ratio to compare assessed values to sales and triggers a reappraisal if the county's median exceeds 115% or drops below 85%) and a public-service-company equalization process that can take…
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