|
|
photo by Heather Renee_____
|
photo by Heather Renee_____ |
|
|
This is the backup data for the column in News@Norman Apr 9, 2008. The column is repeated below..
Power Point Presentation to Commissioners, Apr 7, 2008 (click to download)
Spreadsheet analysis of all 2000 waterfront properties, sorted by neighborhood, and showing those that sold in 2006 and 2007 (click to download) And a comparison of 2007 waterfront land values and 2008
waterfront land values. Links to the portions of the General Statutes referenced in the story. (click to download)
Summary of recent tax changes for senior citizens
News@Norman article Apr 9, 2008 The recent ‘drive-by’ revaluation has some people up in arms. That’s ‘drive-by’, as in random, and
‘drive-by’ as in done from a moving automobile. In neighborhood 514A property that sold in 2006 and 2007 was valued at between 92% and 128% of what it sold for. The most egregious case was a sale on Nov 30, 2007 and then valued at 121% of what it sold for.* This property increased in value 21% in 30 days? Sure, and I also believe in the tooth fairy! The 128% property was given a building value of $ 60 per sq ft, while its immediate neighbor (same condition C+10) was assigned $120. This artificially inflated the land value for the house that sold. The real problem is that the land value from
each sale was copied into the land values for the entire neighborhood, so 195
homes have unwarranted land values. Some other neighborhoods have similar
issues. County Commissioners were told that the law required them to sign off, but they refused, dug in their heels, and eventually had the county line reset by the state. They ‘Did the Right Thing!’ And now, in the face of unrest (from many hundred residents) about the recent revaluation, Commissioners claim they lack authority to make changes. Commissioners have absolute authority to organize the county government. (GS153A-76)* Commissioners ARE ‘local tax officials’ (GS105.273(10a))* -- they waive taxes at every meeting. Commissioners ARE the members of the Board of Equalization and Review (to which you submit your formal requests for review prior to Apr 29)*, unless they appoint others (they did). (GS105-322(a))* If the Board of E&R is NOT in session (they aren’t until Apr 29), then the Commissioners ARE the Board of E&R! (GS105-317.1)* They have all the statutory authority they need to ‘Do the Right Thing’ County Commissioners did agree to move up
the next revaluation by one year (its now underway). The Tax Department
claimed lack of manpower to do it faster -- meanwhile we've laid off 4-6
building inspectors, who have just the background to help an assessor! For More Information Contact: |
|
Send mail to
martinoakes@charter.net with
questions or comments about this web site.
|
