The Board received a report on the estimated costs and logistical challenges involved in conducting the next revaluation in either 2014 or 2015.
At its May 1, 2012 meeting, the Board directed the County Manager to report back to the Board by June 19 on the estimated cost and other logistical challenges involved in conducting the next revaluation in either 2014 and 2015. Cary Saul, Director of the County's Land Use and Environmentasl Services Agency, briefed the Board of County Commissioners on the positives and negatives of conducting a revaluation in the next few years.
The Assessor’s review indicates four challenges in conducting a revaluation in 2014 or 2015:
- Staffing and other resources available - Based on the need for staff to participate in and support the current appeals process, current staffing levels cannot implement a revaluation in 2014 or 2015.
- Cost - Considering the challenge associated with the availability of existing resources, strong consideration should be given to outsourcing a revaluation in 2014 or 2015. Informal estimates provided by private companies indicate that it would cost between $8 and $10 million.
- Inconsistent with revaluation purpose and standards - Although conducting a revaluation in 2014 or 2015 may result in changes to some assessed values based on changes in the market, there is little to no evidence that the revaluation will increase equity.
- Unrealistic expectations creating additional public anger and distrust - It is highly likely that property owners would be further frustrated, confused, and angry about the revaluation outcome, exacerbating distrust and its associated outcry. It would result in a costly effort that achieves very little in terms of desired results about equity, affordability and public confidence.
Sale of Fleet Facility/Land
The Board adopted a resolution declaring its intent to sell the County Fleet Maintenence facility and property to Fiber Mills, LLC.
NCDOT has been awarded $545 million of Federal American Recovery and Reinvestment Act (ARRA) funds that will be used to implement the vision for rail improvements throughout the state. NCDOT allocated $247 million of the ARRA funds to the Charlotte Railroad Improvement and Safety Program (CRISP). One of the CRISP projects is a $129 million mainline grade separation (MLGS) project for the Norfolk Southern and CSX Transportation rail lines at the most congested rail intersection in North Carolina. The MLGS project is adjacent to the NC Music Factory and the County’s fleet maintenance facility in Center City Charlotte. Vertical separation of these two intersecting atgrade rail lines will allow safer and more efficient rail passage of freight lines, Amtrak, and future high -speed rail. County fleet maintenance operations are proposed to be relocated from the current site to existing City vehicle maintenance facilities. Details of this arrangement will be provided to the Board at a future meeting with a description of the terms of a third-party agreement between NCDOT, the City of Charlotte, and Mecklenburg County.
Additional details about the meeting can be found in the agenda
The Board's next meeting is July 3. That will be the only meeting in July as the Board recognizes its summer schedule of one meeting per month in July, August and September.