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Tax administrator: 2025 reappraisal accepted but appeals and holdbacks could reduce revenue
Summary
Tax administration reported a largely successful reappraisal process with a median sales ratio near 100%, but staff said they are monitoring roughly 5,500 appeals to date and applied conservative holdbacks to valuation growth to account for appeal outcomes and equalization adjustments.
Durham County'9s tax administration briefed the Board on the 2025 reappraisal. The office reported delivery of notices, extensive outreach and a median sales ratio of about 100.20 percent, indicating the appraisal process aligned closely with market sales. "These numbers are showing the holdbacks already, put into these numbers or factored in," the tax administrator said.
Staff told the Board they have processed roughly 5,500 appeals so far and used historical appeal patterns to set valuation holdbacks (staff referenced about a 2% holdback on real-property estimates) to avoid over‑counting revenue in the recommended budget. They warned that several data points (public-service valuations, DMV motor-vehicle values and any late appeals) remain uncertain until state reports and the appeals process completes in the summer.
What the board asked for: commissioners sought comparisons with prior reappraisal cycles, a summary of appeals by property type, and outreach steps to encourage taxpayers to file appeals before the deadline; tax staff agreed to coordinate additional public information and produce a more detailed appeals summary.
