When Vance County residents get those much-anticipated tax bills early next year, just remember one thing: It’s been eight years since the last revaluation, so any increase – and most certainly there will be an increase – has occurred over eight years, not just one.
That reminder came from Ryan Vincent of Vincent Valuations, the company hired to complete the revaluation process.
Vincent spoke to the Vance County Board of Commissioners at the Nov. 6 meeting to request that the board adopt the scheduled values that were presented.
The commissioners did approve the request, so the next step is to publish the announcement in the local newspaper for four consecutive weeks and then they will be officially adopted.
And soon after that, tax bills will hit mailboxes throughout the county.
Commissioner Dan Brummitt explained in a phone interview after the meeting that there are values associated with different types of homes – brick versus stick-built, custom home versus tract-style – and inspectors assign each property to a level, which ultimately affects the tax value.
This most recent revaluation process involved individual exterior inspections of every residence, and walking the property to measure it.
“That’s typically not done every time,” Brummitt said.
Vincent said the county will work Atlas, a contract and mapping company, to help address disputes that taxpayers may have with the revaluation results.
He noted that there are “fairly substantial increases throughout the county” with this revaluation. The previous revaluation was done in 2016, which resulted in a drop in tax values.
Brummitt said the county encourages residents to speak up with questions they may have when they get their tax bills.
“Nobody’s going to understand it until they get their appraisal,” he said. “Some people will be validated in their complaints.”
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