032492RANDOLPH COUNTY
BOARD OF COMMISSIONERS
March 24, 1992 Minutes
The Randolph County Board of Commissioners met in special session at 2:00
p.m. on March 24, 1992, in the Commissioners Meeting Room, County Office
Building, 707 McDowell Road, Asheboro, NC. Commissioners Frye, Davidson,
Langley and Comer were present. Commissioner Petty was absent. The purpose of
this meeting was to receive information on the 1993 Revaluation.
Billy Chilton, Tax Assessor, introduced staff involved with the 1993
revaluation: Debra Hill, appraiser; Kent Strickland, appraiser; Paul Ray,
appraiser; Diane Mitchem, tax market/sales specialist; Chuck Husband, appraiser;
Stephen Pate, appraiser; Ron McCarthy and Ted McCormick, consultants with
Elliott, Ross & Associates, who work with the industrial and commercial
properties.
Kent Strickland explained how the Tax Department has divided the county into
840 tax neighborhoods. He said that use of land determines neighborhood
boundaries.
At this time, everyone present went on a bus tour in the southeastern
quadrant of the county, where 36 recent real property sales were shown and
explained by Diane Mitchem. The group then rode through Twin Creek Subdivision,
Laurelwood Hills Subdivision, and Pinecroft Subdivision, which had C grade, B
grade and A grade houses, respectively.
Room.
use.
After the bus tour, the meeting reconvened in the Commissioners Meeting
Kent Strickland explained land models and land values.
Debra Hill explained how land is valued according to its highest and best
Chuck Husband described the cost approach to revaluation.
Paul Ray described the market approach and income approach to revaluation.
Ted McCormick discussed how industrial and commercial properties are being
appraised.
Billy Chilton explained how computer software is being used to adjust values
based on current sales.
The meeting recessed until the 7:00 p.m. public hearing on revaluation.
At 7:00 p.m. the Board held a duly advertised public hearing on the proposed
schedule of values.
Billy Chilton described the process the Tax Department goes through to set
values.
Lewis Jones, Asheboro, asked if any adjustment would be made for the value
of a house built by the homeowner. Mr. Chilton said that state law requires
houses to be appraised at market value, not based on construction cost.
Carlene Williams asked how much an average citizen's taxes will increase
after revaluation. Mr. Chilton stated that many variables are taken into
consideration in determining values; an average cannot be given.
Ben Lovell asked if his house value goes up accordingly when a new
subdivision goes up nearby. Mr. Chilton explained it would not if it is not the
same age, not in the same "neighborhood," etc.
Clyde Graves, Asheboro, asked if acreage near a subdivision would be valued
as a subdivision. Mr. Chilton said it would not unless it were subdivided and
streets were cut.'
Someone asked if he could decrease his taxes by combining two deeds which
were for adjoining properties. Mr. Chilton said that if the properties have road
frontage, combining them could decrease the total valuation.
Someone asked if having the timber cut from his property since the 1985
Revaluation would decrease its value. Mr. Chilton advised him that under state
law, timber is not taxable and has no value for property tax purposes.
Hearing no further comments, Chairman Frye closed the public hearing.
On motion of Davidson, seconded by Langley, the Board adjourned.