• 55°

Commissioners: Rowan revaluation on schedule for 2011

By Jessie Burchette
jburchette@salisburypost.com
If property owners face revaluation in good times when values are soaring, they should also face tax appraisal in bad times, when values are dropping.
That was the verdict of county commissioners at their meeting Monday evening.
The Rowan County Board of Commissioners rejected pleas by county tax officials to delay the planned 2011 revaluation by one or two years until the real estate market stabilizes and improves.
The board heard nearly an hour of reasons why the county shouldn’t go forward with revaluation.
Tax Administrator Jerry Rowland and Barbara McGuire, the county’s personal property manager, provided commissioners with hundreds of pages of documents, including sales data.
Rowland said in his career, which has included performing more than 30 revaluations, he has never before recommended a delay.
“I’ve never seen anything like this,” he said, referring to the economy and its impact on single-family home sales.
Rowland said the county typically has 3,000 to 3,500 property sales to use as the guideline for setting values across the county.
In the first six months of this year, there have been only 250 “good” ó or non-distressed ó sales.
He cited state law that doesn’t allow using foreclosure or bank sales or auction sales of property for revaluation purposes.
Rowland raised the prospect that any revaluation done without adequate good sales data would draw increased appeals from property owners.
Rowland and County Attorney Jay Dees said a schedule of values built on inadequate sales data could pose problems on the state appeals level.
And Rowland said if countywide values drop 15 percent, the state automatically mandates a revaluation within 30 months.
Commissioners Vice Chairman Jon Barber and Commissioner Raymond Coltrain argued in favor of delaying the revaluation until the market stabilizes.
Coltrain asked Rowland if the Rowan County real estate market is beginning to stabilize.
“We have a very unstable market. I’d love to see a cooling off period,” Rowland replied.
“We’ll work with the numbers we’ve got,” board Chairman Carl Ford said. He added that 99 percent of the people he has heard from want to stay on schedule.
And Ford noted that his father, M.D. Ford, had delivered the message in person: Stay the course, ride the storm out.
M.D. Ford served as chairman of the Board of Equalization and Review, hearing hundreds of appeals from the last revaluation.
Commissioner Tina Hall noted that at a recent Municipal Association meeting, most of the municipal officials favored going forward with revaluation on schedule.
Hall said talk of delaying the revaluation is causing citizens to feel like an opportunity is being snatched from their hands.
Hall asked McGuire what the 21 counties are doing that are going forward with revaluations.
“We don’t know,” she responded. “We can find out.”
Mitchell took issue with the state mandate that sales data from auctions on the courthouse steps can’t be used.
“That gives you true market value,” Mitchell said. “That’s fair market value, what somebody is willing to pay.”
Mitchell asked what would happen if the board voted to stay on schedule with the next revaluation.
“We’ll do what the board wants. We work for you,” Rowland responded.
Hall and Ford joined in approving the motion by Mitchell to stay with the planned 2011 revaluation.
Barber and Coltrain voted against the motion.

Comments

Comments closed.

Business

With remote expansion, outsource provider FCR looks to become an ‘exceptional part’ of Rowan community

Local

City expects $1.5 million surplus in current budget, ability to raise some wages for police, public works

Education

Enochville Elementary to host farewell event May 1

High School

High school softball: Carson beats West in a wild one

College

Seahawks QB Russell Wilson will speak at NC State graduation

High School

Wonders, Trojans facing off Monday on Cannon Ballers’ field

Local

City approves two apartment developments, more than 160 new units

Nation/World

Crowds react with joy, wariness to verdict in Floyd’s death

News

Bill seeks to end pistol purchase permits from NC sheriffs

Coronavirus

Rowan County sees 300th death attributed to COVID-19

News

Chauvin convicted on all counts in George Floyd’s death

Local

Top North Carolina House finance chair, Rowan representative stripped of position

Crime

One charged, another hospitalized in fight between cousins

Local

Bell Tower Green renamed to honor Stanbacks; Nancy Stanback receives key to city

Business

Commissioners green light additional houses at Cherry Treesort in China Grove

Education

A.L. Brown will hold in-person, outdoor graduation

Local

Granite Quarry awards FEMA contract for Granite Lake Park

Local

City to vote on apartment developments, final phases of Grants Creek Greenway project

High School

High school football: North receiver McArthur a rising star

Columnists

Carl Blankenship: Pollen and prejudice make their return

News

Harris pitches $2.3T spending plan on trip to North Carolina

Nation/World

Murder case against ex-cop in Floyd’s death goes to the jury

Crime

Sheriff’s office: Man takes deputies on chase with stolen moped

Coronavirus

Afternoon, evening COVID-19 vaccination clinic planned Thursday