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assessment ratio at 73.89% percent. What this says is that properties in the County based on <br /> the tax assessed value are currently 25-26% under value based on recent sales. This will <br /> influence the upcoming reappraisal, which will be assessed based on property values as of <br /> January 1. When the ratio goes below 80%, a reval is required. The County sends a random <br /> sample of sales that have occurred in the County over the last 6 months and 150 certified <br /> sales are sent to the state, which assesses values based on current values and they come up <br /> with a statistical value based on the information provided. <br /> Nonprofit funding policy adopted 5.6.19.doc <br /> Nonprofit funding policy Staff Revisions.pdf <br /> ADJOURNMENT <br /> Motion: Motion to adjourn. The meeting adjourned at 5:07 p.m. <br /> Mover: Robert Reives <br /> For: 6 — Arianna Lavallee, Robert Reives, Cameron Sharpe, Kirk Smith, Bill Carver, Mark <br /> Lovick <br /> Absent: 1 — Dr. Andre Knecht <br /> Motion Result: Passed <br /> / nV <br /> KirSmith, C airman <br /> Lee County Board of Commissioners <br /> TTEST: 6� _ _ <br /> r, <br /> innifer erble, Clerk to the Board <br /> • 4- ••• 7t' Ci <br /> rO <br /> NORTH CAROLINA,LEE COUNTY <br /> Presented for registration on this 13+k day <br /> of Tv f j. 20,12_at.2: 20 AM.® <br /> recorded in Book 3-1 Page I64 <br /> Pamela G.Britt,Register of Deeds <br /> 4 <br />