Articles in regional publications that pertain to a wide range of North Carolina-related topics.
Revaluation Year Brings Counties Choice of Methods
Record #:
17472
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Abstract:
In 1937, the state's counties needed to reevaluation property tax choosing one of two options, full reevaluation or horizontal increase/decrease. Horizontal increase/decrease refers to a raise or lessening of taxes with a uniform percentage instead of the costly and time consuming of assessing every parcel. Boards of Commissioners were responsible for making this decision for their counties.
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