If the Buncombe County Board of Commissioners were to maintain the property tax rate at 52.9 cents per $100 of assessed value for fiscal year 2021-22, noted Buncombe budget analyst Rusty Mau, the county would see about $237 million in property tax revenue, up nearly 12% from the $212 million budgeted for 2020-21.
After a unanimous Board of Commissioners vote on Sept. 1 to adopt a new Schedule of Values — the regulations used by Buncombe tax assessors to determine how much all property in the county is worth — owners have until Friday, Oct. 2, to file an appeal over the rules.
When the taxman comes calling to inspect each of Buncombe County’s 127,000 individual properties for the purpose of establishing their tax value this year, in many cases he won’t be a man at all. Reveal 250, a high-definition camera system deployed using flyover technology, and Cyclomedia, a vehicle-based 360-degree measurement system, will be among the […]
The Buncombe County tax department finished its preliminary property tax reappraisal for 2017 and it shows, before appeals have been filed and settled, that the county’s 2017 property tax base is approximately $31.5 billion. That’s an increase of $6.8 billion from the last assessment in 2012.