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Horry County says reassessment appeals totaled 5,565; closed cases show ~9% average market value reductions

Horry County Council · October 21, 2024
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Summary

The county reported 5,565 reassessment appeals received; staff has interacted with taxpayers on about 66% and closed 41% of cases, finding average market value reductions of about 9% on closed residential appeals and about 13% on commercial cases.

Mister Roscoe reported to the council that "we have received, 5,565 total, appeals for the reassessment," roughly in line with staff expectations. He said staff has responded to or interacted with taxpayers on about 66% of appeals and closed about 41%, meaning an agreement was reached in those closed files.

Roscoe said closed cases show an average market‑value reduction of about 9% for the residential files and approximately 13% on commercial appeals, but that statutory caps on assessment limited the change in taxable value — producing roughly a 3% overall change in assessable value. He answered member questions about timing and staffing and said the office will continue working through remaining appeals.