Newspapers / Winston-Salem Chronicle (Winston-Salem, N.C.) / March 14, 2013, edition 1 / Page 3
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Homeowners pin hopes on lawmaker s revaluation legislation BY TODD LUCK THE CHRONIC! .F. The Ministers Conference of Winston-Salem and Vicinity has joined the call to action over the countywide dip in property val ues. Ministers are supporting a multi-pronged plan that includes asking local residents to appeal their lowered revaluations to Forsyth County Tax Administration and supporting a bill by State Rep. Ed Hanes that would nullify the 2013 revalua tions. Hanes was unable to attend the ministers' media conference last Friday at Emmanuel Baptist Church, but his legislation was a main topic of conversation, earn ing the endorsement of not only the ministers, but Mayor Allen Joines, City Council Member Derwin Montgomery, County Commissioner Everett Witherspoon, N.C. Senator Earline Parmon and N.C. Rep. Evelyn Terry, all of whom joined the ministers Friday. "All politics is local politics, and when we have as many of my constituents come to me as have been coming to me saying they need some action, I just felt this was the best course," said Hanes, explaining why he will file the bill. If passed, it would allow res idents of Forsyth and other coun ties to keep their 2008 appraisals until the next state-mandated revaluation in 2016. Counties are required to do revaluations every eight years, but many, like Forsyth, conduct them every four years. Forsyth Tax Adminstration officials blamed the still shaky housing market and economy for the low revaluations. Ninety three percent of Forsyth County residents saw a drop in their property value. Many of those most severely affected live in minority communities. The lower property values could also translate to a $16-19 million budgetary shortfall for the city and county. Photos py load Luck Rev. Willard Bass speaks at last week's media conference. "We recognize our communi ty is in a crisis," said Ministers Conference President Rev. Willard Bass. The Conference helped to place volunteers at three city recreation centers Monday to help residents file appeals before the Tuesday, March 12 deadline. Joines said he will be asking . the Winston-Salem City Council to pass a resolution in support of Hanes' bill. He said he did not think the current reassessment accurately reflects home values. "These last few years have clearly, across the country, been a very difficult time for our econo my, particularly for home values, so I believe by moving the cur rent appraisal cycle to the state minimum of eight years, we'll give the market a chance to catch up, if you will," said Joines. County officials say that a number of factors are considered when appraising property, including the sale price of nearby v Rep. Hants homes. Konnoak Hills Community Association President Carolyn Highsmith, who spoke at the ministers' event, questioned the formula used. Konnoak Hills, which she described as a diverse communi ty with equal ratios of white, black and Hispanic residents, saw its property values drop 25 35 percent. She questioned whether certain home sales should have counted in the reap praisal. 'To keep from losing their homes to foreclosure, many Forsyth County homeowners who were close to defaulting on their mortgages were forced, under duress, to sell their proper ties at severely depressed sale prices to real estate investors looking for short term gain." said Highsmith. ",...I know for a fact that such durdss sales have been counted as qualified sales in my Konnoak Hills community under this flawed 2013 tax reappraisal formula." YolAnda Hairston, the Ministers Conference's volunteer coordinator for the tax appeals project, said that she conducted a comparison of homes in the county and found that duress sales were being used in the revaluation, including in her own neighborhood, driving down property values severely. "... People who have chosen to live in the homes that they have purchased are being penal ized in the process," she said. County Commissioner Witherspoon said he is unsure how Hanes' bill will fare in the Republican-led General Assembly, and. if it is passed, if his colleagues on the Forsyth County Board of County Commissioners would support using it, since some have already voiced their opposition to it. "This is going to take a com munity effort," said Witherspoon. ine possiDiiny 01 nung a civil suit to overturn the 2013 revaluations was also mentioned. The Minsters Conference said it was looking at its legal options on the subject. FROM BRICKS AND MORTAR TO BYTES AND MICRO TECHNOLOGY WMMMMMMUMUUim
Winston-Salem Chronicle (Winston-Salem, N.C.)
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March 14, 2013, edition 1
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