Orange County commissioners seem to be on the right track. As the N&O reports here, the county tax administrator says that the county could save $200,000 by delaying the scheduled property tax revaluation for two years. County commissioners are still smarting over the last revaluation that was conducted at the top of the housing bubble but implemented after the bubble burst. It seems that the tax administrator wants to wait for two years until housing prices rise. At least one commissioner is not buying it.
“I’d
be very concerned about delaying,” said Commissioner Steve Yuhasz. As
much as he said he’d like to save the $200,000, “sending a message that
a reval is only important when it suits the county is not the message
to send.”
