The Transylvania Times -

By Mark Todd
Staff Writer 

Revaluation May Be Delayed Until 2016


The next revaluation of property in Transylvania County may be delayed by three years, from 2013 to 2016.

County Tax Administrator David Reid made the proposal to county commissioners Monday, saying values in the county remain relatively unchanged since the last revaluation in 2009.

There has been remarkably little sales activity because of the poor economy, he said, but values are holding fairly steady in comparison to many other communities where they’ve dropped substantially.

The goal of revaluation is to provide equity when taxes are levied and to reflect actual values, he said.


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