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for the briefing meeting

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okay great and are there any questions

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about any items on the agenda for

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our regular meeting this evening

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okay so we're going to just follow the

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agenda as published then for the

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briefing meeting and the first

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item is a presentation on the 2025

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reappraisal schedule Keith Miller is

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here to help us out with this

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thank you Mr chairman commissioners

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so I appreciate the opportunity to give

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you a update on the reappraisal 2025 let

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you know a little bit about what we have

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going on and what we have moving forward

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um

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we have the PowerPoint one more

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oh here we go okay

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thank you

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so I first want to recap with you the

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recommendations that we receive from the

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ad hoc reappraisal committee

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we're still working on those

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recommendations and we'll continue to

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work for a moving forward on those so

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just a reminder of what those were

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increase education and Outreach

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increased capacity in the assessment

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Department

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develop assessment policies to optimize

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tax revenue

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enhanced permitting compliance and

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improve assessment data quality

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first I want to talk about Outreach we

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have worked for their Cape team to put

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together a pretty robust

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Outreach campaign moving forward

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this here is we value Buncombe our new

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slogan and what you see here as far as

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the pictures that we were at the

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Juneteenth Festival downtown

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talking to our residents giving

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residents some Hands-On opportunity to

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look up their properties see how to

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operates as far as the property owners

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tool kit on our web page

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beyond that we have also

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been on the Carolina morning's Carolina

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Spotlight on WLOS the center photo is at

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one of our local markets again the one

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on the right is that our Juneteenth

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Festival downtown and then just an

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overall caption of the of the bottom

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Juneteenth Festival some of the other

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things that we were doing on Outreach

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we in conjunction with Orlando Scott

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Rogers Association and physical legal we

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put on the appeal clinics for all of our

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residents who wanted assistance and

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better understanding of that we did

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lunch and learns for the Realtors to

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help them ask them to for their clients

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that they could talk more about tax

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about listing their improvements about

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appeals

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and again we will continue to be out in

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the community as far as our and our

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community centers at our markets

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homeowners associations we have been

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doing over the past couple of weeks what

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we call coffee with Keith we've been

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going to H Department within the county

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we want to First educate our County

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employees and ask them to be our

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ambassadors as they go out into the

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community and be able to answer

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questions to their friends family

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and others

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so we'll move on to also related to

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education and Outreach

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some our new web redesign

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this is the property owner toolkit that

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you see on the slide

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and if you go to

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tax.bunkumcounty.org you'll get a

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landing page to where you can type in

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your name address parcel number any of

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those will work to pull up your property will pull up you'll see a

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picture of it you'll be able to review

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all the information related to it

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acreage you'll be able to see a GIS map

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and then you'll also be able to use some

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of our new tools one be copper

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every resident will have the opportunity

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to use the pro the part of the program

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called copper so they will better

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understand what the value of their

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property is themselves they will be able

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the program will pull comparable

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properties in their neighborhoods that

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surround their home and they can see

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what the values are doing in their

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communities better

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Community is the other piece that you

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see there

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residents will be able to focus on their

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neighborhoods not just to them they'll

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be focused on their neighborhoods about

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what's going on in my neighborhood

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what is the median sales price what's

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the sales ratio what is what is the

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increase from the last reappraisal so

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just another effort of us trying to

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offer tools and be more transparent

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about what we have available

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along with that we launched our new app

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for part of the property owner toolkit

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that property owners can load download

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on their phones and have the same

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capability that they would have on the

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website so you can go to that same

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landing page type in your name your

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address your parcel number and have the

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same capability on your phone to do what

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you would like to do related to your

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property as you would if you went to

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tax.buttoncounty.org

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we saw this as a need for those people

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who do not have internet but maybe have

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a cell phone

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that gives them the ability to get to

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the information to be able to update it

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they can file appeals they can pay their

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bill most anything they can do on the

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website they can do also from this app

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the next recommendation was increased

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capacity in the assessment office so

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additional staff real property appraiser

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positions or fy24 we receive two

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additional

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reclassifications of a part-time

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position to a full-time was one

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and we also entered a contract with

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splice valuation for consultant on some

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of the foundational changes that we will

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make for the 2025 reappraisal

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reorganization of the existing staff

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we have a dedicated Appraiser for sales

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analysts now

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dedicated Appraiser for luxury homes

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data analyst team of three and a

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dedicated appraisal analyst

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next develop assessment policies and

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procedures and initiative to optimize

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tax revenue

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review sales transaction data

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so the goals here were to review the

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data before the Property Transfers to

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the new owner review the luxury home

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data and create new procedures for

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discovery of unlisted and under listed

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property

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direct mailing of approximately 20 000

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listing forums to properties that met

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the criteria of potential rental homes

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and compliance with the state statute

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that effort was to reach out to those

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folks who have rental properties who are

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not aware that they should be listing

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with Furnishings in which they provide

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to their tenants

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create a dedicated reappraisal panelist

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team Implement a procedure for real

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property listings and created

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opportunities for owners to correct

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their property data

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future and in the process we are in the

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process now of developing the new

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community Neighborhood Market areas in

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which uh you may have in the past heard

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us this referred to as neighborhoods

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um

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sorry you go back

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part of the uh implementing the

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procedure for the real property

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listening and creating opportunities for

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owners I wanted to point out to you

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maybe you received one of these

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postcards

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I hope if you're a property owner you

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did if you didn't then I need to get you

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one uh we mailed 80 000 of these to all

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the property owners in an effort to

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clean up the data make sure the data is

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accurate your property owners the

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opportunity to respond to us in the

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easiest way that they can to let us know

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if something is not incorrect those

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Property Owners had the ability to

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return this card or either go on our

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website and update the information there

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so along with the data quality we've

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also implemented a automatic evaluation

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models which is new for us for 2025

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analyze data and provide feedback

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daily reevaluation of approximately 90

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000 parcels and provides predicted value

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for current date and Future

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this is a software program who which

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takes all the sales data in our system

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and every night revalues all ninety

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thousand parcels

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based on the information that comes in

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every day so every sales transaction

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that we have come in the day before the

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system takes it we re-value every

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property in the system every night

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this is a system which our appraisers

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can use for auditing and also be aware

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of what another system would value the

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property at in case that we might be

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missing something

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example of how it works

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so this home that you see here was a

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session 21 for 426 000 the home sold in

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21 for 470 the automated evaluation

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model for 2023 says today the property

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should be valued at 612 000. and it

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predicts a value for 2025 that the

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property would be worth 656 thousand

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improve the assessment data quality

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here's the postcard that I mentioned

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again we directly mailed approximately

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80 000 of these to give the property

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owners the ability to correct that data

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8 000 responses as of August the 7th as

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of this morning a little greater than

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ten thousand responses to that postcard

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so far

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photography related to data quality

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we will again as we have done before we

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will update our street level photography

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the company Cyclone media is who we

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contract with cyclomedia will drive

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these vehicles that you see here in the

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picture

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1878 miles across the city county other

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municipalities Gathering as they drive

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360 degree photography so our appraisers

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can see the house like you see there we

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can see those from the street the

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quality of the photography is good

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enough that we can do inspections or the

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sidings the windows the doors the roof

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we'll be able to see exactly the

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condition of a property

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the next thing we do as far as data

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quality

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aerial unoblique photography we just

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recently the plane just recently flown

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flew Buncombe County planes will fly

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over 660 square miles and capture a

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bird's eye view oblique View and a

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building footprint of all 130 000

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parcels

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home on the right is an oblique

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photography

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the photography is at about a 45 degree

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angle which gives our appraisers the

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ability to see the front sides and the

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rear of the home from the photography it

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also gives us the bird's eye view which

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you see in the middle and the one on the

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left is the what we call sketch inspect

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which is identifying differences in the

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actual sketch what this program will do

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is you see the red outline on the

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left-hand photo what that red outline is

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telling us is that there's been a change

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on that home that the footprint does not

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match what it was before or what it is

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in our system so if there's something

283
00:11:41,760 --> 00:11:43,980
added to the home such as an unpermitted

284
00:11:43,980 --> 00:11:46,200
improvement or a garage or just an

285
00:11:46,200 --> 00:11:48,779
addition this will identify it for us so

286
00:11:48,779 --> 00:11:51,140
that our appraisers can

287
00:11:51,140 --> 00:11:54,120
revalue that

288
00:11:54,120 --> 00:11:57,829
reappraisal timeline

289
00:11:57,839 --> 00:12:00,600
July through December of 2023 we will

290
00:12:00,600 --> 00:12:02,220
continue the community engagement

291
00:12:02,220 --> 00:12:04,680
campaign and this will go on through

292
00:12:04,680 --> 00:12:07,920
April of 2025. we have we're scheduled

293
00:12:07,920 --> 00:12:10,079
now out as much as two months as far as

294
00:12:10,079 --> 00:12:11,459
meetings and things that we currently

295
00:12:11,459 --> 00:12:13,079
have ready to go

296
00:12:13,079 --> 00:12:14,880
we will also be testing the foundational

297
00:12:14,880 --> 00:12:16,740
changes to the valuation methodology

298
00:12:16,740 --> 00:12:19,200
land valuation land size evaluation

299
00:12:19,200 --> 00:12:21,240
influences the building quality grading

300
00:12:21,240 --> 00:12:23,760
system depreciation building size value

301
00:12:23,760 --> 00:12:27,480
influence and market area delineations

302
00:12:27,480 --> 00:12:31,019
October through December of 23 data

303
00:12:31,019 --> 00:12:33,480
collection for the schedule values

304
00:12:33,480 --> 00:12:35,940
market analysis residential commercial

305
00:12:35,940 --> 00:12:37,500
questionnaires will be mailed to

306
00:12:37,500 --> 00:12:39,779
property owners and we will analyze the

307
00:12:39,779 --> 00:12:41,100
data from the aerial and the street

308
00:12:41,100 --> 00:12:43,139
level photography

309
00:12:43,139 --> 00:12:45,720
January through July of 24

310
00:12:45,720 --> 00:12:48,480
we will present the schedule values in

311
00:12:48,480 --> 00:12:49,800
the informal session to the Board of

312
00:12:49,800 --> 00:12:51,839
Commissioners first review of the

313
00:12:51,839 --> 00:12:53,339
estimated values

314
00:12:53,339 --> 00:12:56,760
will be in a 20 that part of 2024. July

315
00:12:56,760 --> 00:12:58,200
through December

316
00:12:58,200 --> 00:13:00,000
of 2024

317
00:13:00,000 --> 00:13:02,160
audit data compared to the automated

318
00:13:02,160 --> 00:13:03,899
valuation estimates

319
00:13:03,899 --> 00:13:06,959
January of 25 we will have the final

320
00:13:06,959 --> 00:13:10,139
values for the reappraisal 2025 and the

321
00:13:10,139 --> 00:13:12,300
appeal period begins

322
00:13:12,300 --> 00:13:15,360
February of 2025 notices would be mailed

323
00:13:15,360 --> 00:13:17,820
to all residents in the county notifying

324
00:13:17,820 --> 00:13:20,820
them of their new value April 2025

325
00:13:20,820 --> 00:13:23,579
taxable values delivered the budget for

326
00:13:23,579 --> 00:13:26,459
FY 26 Board of Equalization review will

327
00:13:26,459 --> 00:13:28,800
convene and the appeal period ends

328
00:13:28,800 --> 00:13:32,150
mid-april

329
00:13:32,160 --> 00:13:34,680
timeline for the schedule values

330
00:13:34,680 --> 00:13:37,800
we will be back to the board sometime

331
00:13:37,800 --> 00:13:40,380
around July of 24 that will be our

332
00:13:40,380 --> 00:13:42,180
informal delivery to you of the schedule

333
00:13:42,180 --> 00:13:43,500
of values

334
00:13:43,500 --> 00:13:45,600
August of 24 will be the formal

335
00:13:45,600 --> 00:13:46,800
presentation to the Board of

336
00:13:46,800 --> 00:13:48,839
Commissioners and we'll open a copy to

337
00:13:48,839 --> 00:13:49,860
the public

338
00:13:49,860 --> 00:13:52,019
a published statement will be in the

339
00:13:52,019 --> 00:13:53,660
paper for those who would like to review

340
00:13:53,660 --> 00:13:55,680
that copy

341
00:13:55,680 --> 00:13:58,500
September of 2024 Board of commissioner

342
00:13:58,500 --> 00:14:00,779
approves and adopts the final schedule

343
00:14:00,779 --> 00:14:02,519
of values and that will be advertised

344
00:14:02,519 --> 00:14:05,519
for four weeks in October of 24 the

345
00:14:05,519 --> 00:14:07,740
schedule values appeal period

346
00:14:07,740 --> 00:14:10,139
will begin

347
00:14:10,139 --> 00:14:11,940
so for those of you I use the schedule

348
00:14:11,940 --> 00:14:13,740
values if you remember I'll refer back

349
00:14:13,740 --> 00:14:17,040
to that as the manual in which we bring

350
00:14:17,040 --> 00:14:20,120
to you which outlines all the cost of

351
00:14:20,120 --> 00:14:22,079
residential and Commercial properties

352
00:14:22,079 --> 00:14:24,240
and all the meth valuation methodology

353
00:14:24,240 --> 00:14:30,590
that we would use in the reappraisal

354
00:14:30,600 --> 00:14:37,069
questions

355
00:14:37,079 --> 00:14:38,700
yeah I have a couple

356
00:14:38,700 --> 00:14:40,860
first of all thank you Keith for this

357
00:14:40,860 --> 00:14:42,660
great presentation and all the

358
00:14:42,660 --> 00:14:44,820
information can you talk a little bit

359
00:14:44,820 --> 00:14:46,980
more about I think not sure which slide

360
00:14:46,980 --> 00:14:48,420
it was on but you said testing

361
00:14:48,420 --> 00:14:50,339
foundational changes to the valuation

362
00:14:50,339 --> 00:14:52,019
method can you just explain more about

363
00:14:52,019 --> 00:14:54,480
that please yes so we have identified

364
00:14:54,480 --> 00:14:57,180
those areas in the mass appraisal

365
00:14:57,180 --> 00:14:59,459
process that most people struggle with

366
00:14:59,459 --> 00:15:01,920
most in those areas at which people who

367
00:15:01,920 --> 00:15:04,019
struggle with most we are now going back

368
00:15:04,019 --> 00:15:06,180
and visiting with our contractor as a

369
00:15:06,180 --> 00:15:08,279
consultant look at how we change those

370
00:15:08,279 --> 00:15:10,740
foundational pieces and that is you know

371
00:15:10,740 --> 00:15:12,060
quality and great condition of a

372
00:15:12,060 --> 00:15:14,720
building appreciation land valuation

373
00:15:14,720 --> 00:15:17,220
influences in the land valuation as far

374
00:15:17,220 --> 00:15:19,440
as size these are all components that

375
00:15:19,440 --> 00:15:20,940
really drive the value in the beginning

376
00:15:20,940 --> 00:15:23,760
of the appraisal process in which we

377
00:15:23,760 --> 00:15:27,120
want to revisit and tear back down those

378
00:15:27,120 --> 00:15:28,860
structures to look to see what in them

379
00:15:28,860 --> 00:15:30,839
may not be working the way we want them

380
00:15:30,839 --> 00:15:32,519
to work and then we will rebuild them

381
00:15:32,519 --> 00:15:35,100
for 2025.

382
00:15:35,100 --> 00:15:37,699
thank you and you mentioned Community

383
00:15:37,699 --> 00:15:40,380
neighborhood areas can you share a

384
00:15:40,380 --> 00:15:42,120
little bit more about that as well yes

385
00:15:42,120 --> 00:15:44,160
you've heard me before mentioned that we

386
00:15:44,160 --> 00:15:47,040
currently have about 2500 what we call

387
00:15:47,040 --> 00:15:49,980
neighborhoods these are Market areas all

388
00:15:49,980 --> 00:15:51,600
across the county that we had divided up

389
00:15:51,600 --> 00:15:53,940
into Market areas we are going to read

390
00:15:53,940 --> 00:15:57,180
delineate all 2500 of those to have to

391
00:15:57,180 --> 00:15:59,279
go back and revisit to see what the

392
00:15:59,279 --> 00:16:01,740
market area is has it changed is it the

393
00:16:01,740 --> 00:16:03,540
same does it need to get bigger does it

394
00:16:03,540 --> 00:16:06,180
need to get smaller so that will be the

395
00:16:06,180 --> 00:16:08,579
task there that's the review all 2500 of

396
00:16:08,579 --> 00:16:10,620
those

397
00:16:10,620 --> 00:16:14,220
and then the auto valuations

398
00:16:14,220 --> 00:16:16,860
can you share more about that

399
00:16:16,860 --> 00:16:19,800
yes and and how you're using that

400
00:16:19,800 --> 00:16:23,040
so we will use that mostly as an audit

401
00:16:23,040 --> 00:16:27,959
tool so when this system calculates the value

402
00:16:27,959 --> 00:16:29,160
every night

403
00:16:29,160 --> 00:16:31,139
our appraisers will be able to see what

404
00:16:31,139 --> 00:16:33,060
that automated valuation model value

405
00:16:33,060 --> 00:16:34,680
comes out to be

406
00:16:34,680 --> 00:16:36,600
and if that say for instance if that

407
00:16:36,600 --> 00:16:39,060
came out to be six hundred thousand and

408
00:16:39,060 --> 00:16:40,680
we saw then the home came out to be

409
00:16:40,680 --> 00:16:42,720
valued at four hundred thousand that

410
00:16:42,720 --> 00:16:44,220
should be something that that gets

411
00:16:44,220 --> 00:16:46,079
flagged for the appraisers to go back

412
00:16:46,079 --> 00:16:49,440
and say why why is it different what did

413
00:16:49,440 --> 00:16:50,940
we miss or what did evaluation model

414
00:16:50,940 --> 00:16:52,740
Miss why is there a difference in the

415
00:16:52,740 --> 00:16:55,320
two numbers so it's an effort to improve

416
00:16:55,320 --> 00:16:58,220
the data quality and just the overall

417
00:16:58,220 --> 00:17:00,720
performance of the system

418
00:17:00,720 --> 00:17:04,669
thank you

419
00:17:04,679 --> 00:17:08,819
Keith I want to thank you for what you

420
00:17:08,819 --> 00:17:11,040
all have done to make this a lot more

421
00:17:11,040 --> 00:17:13,679
transmit parent than it's been in the

422
00:17:13,679 --> 00:17:14,459
past

423
00:17:14,459 --> 00:17:18,240
I can remember years ago working and

424
00:17:18,240 --> 00:17:21,540
banking people would come in with uh

425
00:17:21,540 --> 00:17:24,540
questions about reevaluation this and

426
00:17:24,540 --> 00:17:27,720
that and it was a struggle for us to

427
00:17:27,720 --> 00:17:29,700
figure out what was going on let alone

428
00:17:29,700 --> 00:17:32,520
the average person but what you're doing

429
00:17:32,520 --> 00:17:34,440
now is really paying off and I was

430
00:17:34,440 --> 00:17:37,080
helping one of my relatives and stumble

431
00:17:37,080 --> 00:17:39,660
on the changes that's been made on the

432
00:17:39,660 --> 00:17:42,720
internet she thought I was a rock star I

433
00:17:42,720 --> 00:17:45,600
think because of what I've you know did

434
00:17:45,600 --> 00:17:47,880
but uh keep up the good work because

435
00:17:47,880 --> 00:17:50,940
this is what we need to make as

436
00:17:50,940 --> 00:17:53,580
transparent as it can and I'm hearing

437
00:17:53,580 --> 00:17:56,100
some good things from people about the

438
00:17:56,100 --> 00:18:00,059
process that you did and uh what you've

439
00:18:00,059 --> 00:18:01,740
been doing as far as your community

440
00:18:01,740 --> 00:18:06,830
engagement so keep it up yeah thank you

441
00:18:06,840 --> 00:18:08,880
hello sir Echo that thanks and just ask

442
00:18:08,880 --> 00:18:10,380
I think I know the answer to this one

443
00:18:10,380 --> 00:18:11,340
but

444
00:18:11,340 --> 00:18:13,740
for the looking out to January 2025 when

445
00:18:13,740 --> 00:18:15,600
the appeal period begins I assume you're

446
00:18:15,600 --> 00:18:17,280
going to continue to have those open

447
00:18:17,280 --> 00:18:19,559
houses or seminars to educate people on

448
00:18:19,559 --> 00:18:21,480
how to navigate that process for full

449
00:18:21,480 --> 00:18:23,400
two yes I haven't gone through that

450
00:18:23,400 --> 00:18:25,500
before and and we're actually uh

451
00:18:25,500 --> 00:18:27,120
starting those conversations now about

452
00:18:27,120 --> 00:18:29,039
continuing that for this upcoming

453
00:18:29,039 --> 00:18:31,740
January of 24. so that will also open

454
00:18:31,740 --> 00:18:33,600
that window of opportunity to appeal and

455
00:18:33,600 --> 00:18:35,220
for anybody that needs support through

456
00:18:35,220 --> 00:18:38,460
that we want also to have our partners

457
00:18:38,460 --> 00:18:40,080
in this to be available to help them

458
00:18:40,080 --> 00:18:41,880
through that so yes we will do that

459
00:18:41,880 --> 00:18:44,340
again in 24 we hope and for sure do it

460
00:18:44,340 --> 00:18:46,380
in 25 so those people that want to

461
00:18:46,380 --> 00:18:49,620
appeal do have a pro a mechanism to

462
00:18:49,620 --> 00:18:52,080
reach out and get support through that

463
00:18:52,080 --> 00:18:56,690
system thank you you're welcome

464
00:18:56,700 --> 00:18:58,919
thanks for the presentation

465
00:18:58,919 --> 00:19:00,900
um I guess just a high level question so

466
00:19:00,900 --> 00:19:02,580
you know we're all aware of some of the

467
00:19:02,580 --> 00:19:04,320
critiques that we've had of the rebound

468
00:19:04,320 --> 00:19:05,880
system in terms of the concerns around

469
00:19:05,880 --> 00:19:08,750
the um

470
00:19:08,760 --> 00:19:11,160
perceived undervaluation of higher and

471
00:19:11,160 --> 00:19:12,780
property and overvaluation of more

472
00:19:12,780 --> 00:19:14,640
modest properties so just kind of

473
00:19:14,640 --> 00:19:16,320
thinking about and I know there's

474
00:19:16,320 --> 00:19:17,700
obviously been a lot of work and thought

475
00:19:17,700 --> 00:19:18,960
put into that

476
00:19:18,960 --> 00:19:19,620
um

477
00:19:19,620 --> 00:19:22,020
over the last couple of years so as

478
00:19:22,020 --> 00:19:23,820
we're looking ahead towards this next

479
00:19:23,820 --> 00:19:26,039
reval process how are just at a high

480
00:19:26,039 --> 00:19:27,360
level how are you kind of feeling about

481
00:19:27,360 --> 00:19:29,340
the system we have in place

482
00:19:29,340 --> 00:19:31,880
and going through this process

483
00:19:31,880 --> 00:19:34,440
in the context of those concerns that

484
00:19:34,440 --> 00:19:36,840
have been raised and thinking about you

485
00:19:36,840 --> 00:19:39,299
know do you feel pretty confident we're

486
00:19:39,299 --> 00:19:40,559
going to go through this process and

487
00:19:40,559 --> 00:19:42,179
when we get through it all and can kind

488
00:19:42,179 --> 00:19:44,660
of reflect back on it that we're gonna

489
00:19:44,660 --> 00:19:46,919
really have made a lot of progress in

490
00:19:46,919 --> 00:19:50,100
terms of addressing that issue and also

491
00:19:50,100 --> 00:19:51,600
just the perceptions around that issue

492
00:19:51,600 --> 00:19:53,340
so just I just appreciate any high level

493
00:19:53,340 --> 00:19:56,160
thoughts around around that I I do feel

494
00:19:56,160 --> 00:20:00,179
better and we have we listened to the

495
00:20:00,179 --> 00:20:02,520
concerns of course every time we hear a

496
00:20:02,520 --> 00:20:05,160
concern internally we analyze it amongst

497
00:20:05,160 --> 00:20:07,320
ourselves about why it's a concern and

498
00:20:07,320 --> 00:20:09,120
what went wrong maybe and what could be

499
00:20:09,120 --> 00:20:10,620
done better

500
00:20:10,620 --> 00:20:12,660
Mass appraisal is not a perfect system

501
00:20:12,660 --> 00:20:15,600
mass appraisal is there in order to

502
00:20:15,600 --> 00:20:18,000
accomplish such a large job but does

503
00:20:18,000 --> 00:20:19,919
mass appraisal and will Mass appraisal

504
00:20:19,919 --> 00:20:23,940
always have inherent issues yes but we

505
00:20:23,940 --> 00:20:26,340
have now I think identified what many of

506
00:20:26,340 --> 00:20:28,140
those inherent issues are within our

507
00:20:28,140 --> 00:20:30,539
community and now how do we break those

508
00:20:30,539 --> 00:20:32,220
down and deal with them and we're

509
00:20:32,220 --> 00:20:34,020
working on those every day and part of

510
00:20:34,020 --> 00:20:36,179
our consultant coming in is also working

511
00:20:36,179 --> 00:20:37,799
through those as an outside third party

512
00:20:37,799 --> 00:20:40,260
to help us identify what those are

513
00:20:40,260 --> 00:20:44,400
I do feel more confident that you are

514
00:20:44,400 --> 00:20:47,340
going to find in January of 2025 with

515
00:20:47,340 --> 00:20:49,860
these concerns will be handled and

516
00:20:49,860 --> 00:20:52,559
they're going to go away now does that

517
00:20:52,559 --> 00:20:54,360
mean that we won't have critics that

518
00:20:54,360 --> 00:20:56,280
will find something different I don't

519
00:20:56,280 --> 00:21:00,299
know okay but let's hope not but we are

520
00:21:00,299 --> 00:21:02,580
addressing the issues and I do believe

521
00:21:02,580 --> 00:21:05,640
with time with staff with the different

522
00:21:05,640 --> 00:21:07,980
Staffing that we have different tools we

523
00:21:07,980 --> 00:21:09,960
have is going to make a tremendous

524
00:21:09,960 --> 00:21:12,120
difference in what you see the final

525
00:21:12,120 --> 00:21:13,380
product to be

526
00:21:13,380 --> 00:21:17,039
okay that's what we all were hoping you

527
00:21:17,039 --> 00:21:20,220
would say so um the other question we

528
00:21:20,220 --> 00:21:22,200
have related a little bit more specific

529
00:21:22,200 --> 00:21:24,660
you know one of the pieces

530
00:21:24,660 --> 00:21:25,679
um you talked about a bit about the

531
00:21:25,679 --> 00:21:27,840
appeals process so there has been

532
00:21:27,840 --> 00:21:29,760
concern or race about that process in

533
00:21:29,760 --> 00:21:33,480
the past that you know that the um

534
00:21:33,480 --> 00:21:35,039
I mean anybody can participate in the

535
00:21:35,039 --> 00:21:36,840
process but we do I think we have data

536
00:21:36,840 --> 00:21:39,360
showing that more you know more affluent

537
00:21:39,360 --> 00:21:41,880
Property Owners tend to be more likely

538
00:21:41,880 --> 00:21:43,799
to participate in that process in the

539
00:21:43,799 --> 00:21:46,020
past than people who

540
00:21:46,020 --> 00:21:49,260
um you know own more modest properties

541
00:21:49,260 --> 00:21:49,919
um

542
00:21:49,919 --> 00:21:51,600
but not only are they more likely to

543
00:21:51,600 --> 00:21:53,880
participate in it they're more likely to

544
00:21:53,880 --> 00:21:56,880
be successful right even though there is

545
00:21:56,880 --> 00:21:58,919
some pretty good data showing that we're

546
00:21:58,919 --> 00:22:00,360
just making generalizations here not any

547
00:22:00,360 --> 00:22:01,860
particular property but

548
00:22:01,860 --> 00:22:04,080
uh in general there was actually

549
00:22:04,080 --> 00:22:06,600
probably some stronger arguments that

550
00:22:06,600 --> 00:22:08,400
there were more misses on the lower end

551
00:22:08,400 --> 00:22:10,799
properties than the higher end so so

552
00:22:10,799 --> 00:22:12,299
just talk a little bit more about about

553
00:22:12,299 --> 00:22:13,260
that you've shared some information

554
00:22:13,260 --> 00:22:15,419
about kind of what you're doing to get

555
00:22:15,419 --> 00:22:17,400
the word out so people can participate

556
00:22:17,400 --> 00:22:19,860
and you know lowering barriers to that

557
00:22:19,860 --> 00:22:22,080
uh that participation and that sounds

558
00:22:22,080 --> 00:22:24,360
great and so for folks who actually do

559
00:22:24,360 --> 00:22:25,919
participate

560
00:22:25,919 --> 00:22:29,280
do we do you feel confident going into

561
00:22:29,280 --> 00:22:30,960
this that again when we're all done with

562
00:22:30,960 --> 00:22:33,720
this we won't look back and say you know

563
00:22:33,720 --> 00:22:34,980
the um

564
00:22:34,980 --> 00:22:37,260
more modest Property Owners did not fare

565
00:22:37,260 --> 00:22:40,440
as well in this process as other

566
00:22:40,440 --> 00:22:43,620
property owners and you know so what are

567
00:22:43,620 --> 00:22:45,240
we you know even if the data kind of

568
00:22:45,240 --> 00:22:46,740
backs up the fact that you know

569
00:22:46,740 --> 00:22:48,059
generally speaking there's just as good

570
00:22:48,059 --> 00:22:50,220
arguments or maybe better on that side

571
00:22:50,220 --> 00:22:53,400
of the spectrum so yeah so I do have a

572
00:22:53,400 --> 00:22:55,080
couple things there and some of this

573
00:22:55,080 --> 00:22:57,059
will go back to one of the things that

574
00:22:57,059 --> 00:22:59,580
commissioner Whiteside said is that the

575
00:22:59,580 --> 00:23:01,320
residents of this County have also got

576
00:23:01,320 --> 00:23:03,360
to understand is that this needs to be a

577
00:23:03,360 --> 00:23:06,539
partnership okay I can't do this alone

578
00:23:06,539 --> 00:23:08,760
I cannot the only thing I can do is

579
00:23:08,760 --> 00:23:11,400
reach out give the education help people

580
00:23:11,400 --> 00:23:12,960
better understand how to go through the

581
00:23:12,960 --> 00:23:16,860
process but we do need to continue to

582
00:23:16,860 --> 00:23:19,200
bring down those barriers to have those

583
00:23:19,200 --> 00:23:20,820
folks who are not comfortable with the

584
00:23:20,820 --> 00:23:23,880
process come and appeal now how we do

585
00:23:23,880 --> 00:23:26,039
that through this process that we did

586
00:23:26,039 --> 00:23:28,620
this year we we think that we did make

587
00:23:28,620 --> 00:23:31,500
steps forward and we did make progress

588
00:23:31,500 --> 00:23:33,960
to giving people someone else to speak

589
00:23:33,960 --> 00:23:36,780
to okay when you can come into the room

590
00:23:36,780 --> 00:23:39,419
into a clinic and you have a realtor

591
00:23:39,419 --> 00:23:40,860
sitting there who can talk through the

592
00:23:40,860 --> 00:23:42,840
process with you show you comparable

593
00:23:42,840 --> 00:23:45,179
properties they're not a tax employee

594
00:23:45,179 --> 00:23:47,280
there's somebody there who this

595
00:23:47,280 --> 00:23:49,860
volunteering that wants to help you we

596
00:23:49,860 --> 00:23:51,659
need to get that word out more and more

597
00:23:51,659 --> 00:23:54,000
to tear that barrier down

598
00:23:54,000 --> 00:23:55,500
I've said in many of our community

599
00:23:55,500 --> 00:23:58,679
meetings lately is that people often

600
00:23:58,679 --> 00:24:00,539
feel the appeal process is a

601
00:24:00,539 --> 00:24:03,720
controversial process it's not I can

602
00:24:03,720 --> 00:24:06,059
tell you that I and the staff that work

603
00:24:06,059 --> 00:24:08,460
in the tax department is there to work

604
00:24:08,460 --> 00:24:11,340
through these problems with you now

605
00:24:11,340 --> 00:24:14,280
why would someone of a lower value

606
00:24:14,280 --> 00:24:15,900
moderate value at home be less

607
00:24:15,900 --> 00:24:17,700
successful than someone in a higher

608
00:24:17,700 --> 00:24:19,260
value home

609
00:24:19,260 --> 00:24:22,260
typically what I think we see is that

610
00:24:22,260 --> 00:24:24,780
education they don't know how to they

611
00:24:24,780 --> 00:24:26,400
don't know what to bring with them they

612
00:24:26,400 --> 00:24:27,720
don't know how to provide comparable

613
00:24:27,720 --> 00:24:29,580
properties they don't really understand

614
00:24:29,580 --> 00:24:32,700
how the system works so those are the

615
00:24:32,700 --> 00:24:35,100
barriers that we will tear down and we

616
00:24:35,100 --> 00:24:37,320
will put out the information and we will

617
00:24:37,320 --> 00:24:39,299
continue to reach out to these

618
00:24:39,299 --> 00:24:41,159
communities to help them be comfortable

619
00:24:41,159 --> 00:24:43,440
with it help them understand why they

620
00:24:43,440 --> 00:24:46,200
should do it and what the outcomes can

621
00:24:46,200 --> 00:24:47,059
be

622
00:24:47,059 --> 00:24:50,700
but I also I'm asking that these

623
00:24:50,700 --> 00:24:52,980
communities have to step up and be

624
00:24:52,980 --> 00:24:55,320
willing to come to the table with us is

625
00:24:55,320 --> 00:24:57,600
that we can all work together and tear

626
00:24:57,600 --> 00:24:59,460
down the barriers together and they will

627
00:24:59,460 --> 00:25:05,330
be better off come to January 2025.

628
00:25:05,340 --> 00:25:09,299
key any other questions for now

629
00:25:09,299 --> 00:25:10,860
okay keep thanks for the updates

630
00:25:10,860 --> 00:25:12,659
appreciate it

631
00:25:12,659 --> 00:25:14,159
all right

632
00:25:14,159 --> 00:25:18,179
um the next item on the agenda is the

633
00:25:18,179 --> 00:25:20,340
vibrant economy updates with the

634
00:25:20,340 --> 00:25:22,980
Department of Commerce

635
00:25:22,980 --> 00:25:25,200
economy presentation they've got several

636
00:25:25,200 --> 00:25:27,240
folks with us here to help out on this

637
00:25:27,240 --> 00:25:28,980
item

638
00:25:28,980 --> 00:25:32,630
I think

639
00:25:32,640 --> 00:25:40,549
thank you

640
00:25:40,559 --> 00:25:42,840
good afternoon good afternoon

641
00:25:42,840 --> 00:25:45,779
hello my name is Jeff debellis I am with

642
00:25:45,779 --> 00:25:47,880
the labor and economic analysis division

643
00:25:47,880 --> 00:25:49,740
with it within the Department of

644
00:25:49,740 --> 00:25:51,419
Commerce

645
00:25:51,419 --> 00:25:54,360
um for those of you who don't know me or

646
00:25:54,360 --> 00:25:55,260
know

647
00:25:55,260 --> 00:25:57,059
my division

648
00:25:57,059 --> 00:25:57,779
um

649
00:25:57,779 --> 00:26:01,500
let me give you a quick analysis uh

650
00:26:01,500 --> 00:26:04,440
I am I've got about 20 years of

651
00:26:04,440 --> 00:26:06,720
experience doing Economic Development

652
00:26:06,720 --> 00:26:10,140
research the last 11 of which

653
00:26:10,140 --> 00:26:12,179
I've been with the labor and economic

654
00:26:12,179 --> 00:26:15,179
analysis division of Commerce lead

655
00:26:15,179 --> 00:26:16,020
um

656
00:26:16,020 --> 00:26:20,240
the things we do you may not

657
00:26:20,240 --> 00:26:23,880
know of us but you probably know of our

658
00:26:23,880 --> 00:26:26,580
work if you've heard of the unemployment

659
00:26:26,580 --> 00:26:28,740
rate which I'm sure you all have or the

660
00:26:28,740 --> 00:26:31,380
jobs numbers we create that for the

661
00:26:31,380 --> 00:26:33,360
Bureau of Labor Statistics and publish

662
00:26:33,360 --> 00:26:36,200
those at the national and state level

663
00:26:36,200 --> 00:26:41,039
we take that data and others and do a

664
00:26:41,039 --> 00:26:44,159
lot of Big Data analysis and research a

665
00:26:44,159 --> 00:26:46,860
lot of analysis of our

666
00:26:46,860 --> 00:26:50,039
State Workforce and educational programs

667
00:26:50,039 --> 00:26:52,440
and look at the labor market outcomes of

668
00:26:52,440 --> 00:26:53,940
those programs

669
00:26:53,940 --> 00:26:56,400
we do things like we do today where we

670
00:26:56,400 --> 00:26:58,679
take the information and we help

671
00:26:58,679 --> 00:27:02,220
decision makers utilize it data is only

672
00:27:02,220 --> 00:27:04,980
good if you can apply it somewhere so we

673
00:27:04,980 --> 00:27:08,720
basically serve everyone from

674
00:27:08,720 --> 00:27:12,900
a grade school student who's looking you

675
00:27:12,900 --> 00:27:14,820
know for for jobs and career of the

676
00:27:14,820 --> 00:27:15,480
future

677
00:27:15,480 --> 00:27:17,580
all the way up to the governor's office

678
00:27:17,580 --> 00:27:21,120
and essentially everybody in between we

679
00:27:21,120 --> 00:27:23,940
produce a lot of Publications we have

680
00:27:23,940 --> 00:27:26,880
newsletters we have social media

681
00:27:26,880 --> 00:27:30,960
we publish reports and manage the

682
00:27:30,960 --> 00:27:33,600
state's administration of the tier

683
00:27:33,600 --> 00:27:36,059
system if you're familiar with it so a

684
00:27:36,059 --> 00:27:38,580
lot of data a lot of research as it

685
00:27:38,580 --> 00:27:42,299
relates to the economy and the labor

686
00:27:42,299 --> 00:27:46,200
market we are a resource for for you for

687
00:27:46,200 --> 00:27:48,500
your Workforce and economic development

688
00:27:48,500 --> 00:27:51,059
entities here at the the local and

689
00:27:51,059 --> 00:27:55,669
Regional level as well as other partners

690
00:27:55,679 --> 00:27:57,960
so today I was asked to talk about the

691
00:27:57,960 --> 00:27:59,400
economy

692
00:27:59,400 --> 00:28:02,460
um to look at the workforce look at

693
00:28:02,460 --> 00:28:06,240
businesses and and then have an eye to the Future

694
00:28:06,240 --> 00:28:07,799
um if you're data people and you get

695
00:28:07,799 --> 00:28:10,620
excited by data you're in for a treat I

696
00:28:10,620 --> 00:28:12,120
have lots of it

697
00:28:12,120 --> 00:28:16,200
um but as I said uh it really only uh is

698
00:28:16,200 --> 00:28:18,059
good as if you can apply it so I hope to

699
00:28:18,059 --> 00:28:19,860
give you some highlights and we can

700
00:28:19,860 --> 00:28:22,500
focus on the application of this data

701
00:28:22,500 --> 00:28:24,419
and the insights as to what it can tell

702
00:28:24,419 --> 00:28:26,279
you about the economy and Buncombe

703
00:28:26,279 --> 00:28:28,559
County's future

704
00:28:28,559 --> 00:28:33,299
I'll start off by talking about uh Top Line level about the unemployment

705
00:28:33,299 --> 00:28:35,820
rate it's low it's historically low

706
00:28:35,820 --> 00:28:38,760
Buncombe County has the lowest

707
00:28:38,760 --> 00:28:40,860
unemployment second lowest unemployment

708
00:28:40,860 --> 00:28:43,620
rate as of June over the last 12 months

709
00:28:43,620 --> 00:28:47,700
it has been the lowest in the state it's

710
00:28:47,700 --> 00:28:51,080
lower than what it was pre-pandemic in

711
00:28:51,080 --> 00:28:55,620
June of of 2019 and more residents are

712
00:28:55,620 --> 00:28:58,740
employed than ever before

713
00:28:58,740 --> 00:29:02,039
it's also good for employers there's the

714
00:29:02,039 --> 00:29:03,779
largest number of private sector

715
00:29:03,779 --> 00:29:05,600
businesses ever

716
00:29:05,600 --> 00:29:10,559
and they have produced the most jobs for

717
00:29:10,559 --> 00:29:13,620
the county ever recorded and probably

718
00:29:13,620 --> 00:29:17,000
the most job openings certainly

719
00:29:17,000 --> 00:29:19,440
over the last three years when we've

720
00:29:19,440 --> 00:29:21,960
been capturing this data

721
00:29:21,960 --> 00:29:25,679
also uh income is up I know that's a

722
00:29:25,679 --> 00:29:29,520
goal of Buncombe County's strategic plan

723
00:29:29,520 --> 00:29:32,159
um at least for the moment median

724
00:29:32,159 --> 00:29:34,799
household incomes are up above the state

725
00:29:34,799 --> 00:29:35,659
level

726
00:29:35,659 --> 00:29:40,080
and the poverty rate is lower than the

727
00:29:40,080 --> 00:29:42,419
state level so all good things happening

728
00:29:42,419 --> 00:29:44,159
here in Buncombe County

729
00:29:44,159 --> 00:29:47,340
some other lights yes sir so so I'm sure

730
00:29:47,340 --> 00:29:48,539
you'll cover this when you get to it but

731
00:29:48,539 --> 00:29:49,919
I guess

732
00:29:49,919 --> 00:29:55,860
that uh bullet point about the average state

733
00:29:55,860 --> 00:29:58,440
incomes so slide 13 talks about the

734
00:29:58,440 --> 00:30:01,260
state incomes and the county incomes

735
00:30:01,260 --> 00:30:03,419
the state incomes are higher

736
00:30:03,419 --> 00:30:04,919
so I'm sure you're going to explain why

737
00:30:04,919 --> 00:30:06,059
both these things are true in a minute

738
00:30:06,059 --> 00:30:08,640
but I was just I wanted to fly but maybe

739
00:30:08,640 --> 00:30:09,659
you could just speak to it for a minute

740
00:30:09,659 --> 00:30:12,000
here sure so

741
00:30:12,000 --> 00:30:14,340
um so when we talk about income and

742
00:30:14,340 --> 00:30:16,980
wages which I'll I'll go over there's a

743
00:30:16,980 --> 00:30:18,720
big difference between between that

744
00:30:18,720 --> 00:30:20,840
where right now

745
00:30:20,840 --> 00:30:24,179
the median household income for Buncombe

746
00:30:24,179 --> 00:30:25,740
County the latest data available I

747
00:30:25,740 --> 00:30:29,279
should say in 2021 is that median

748
00:30:29,279 --> 00:30:32,159
household incomes are are above the

749
00:30:32,159 --> 00:30:34,080
state median household items the wages

750
00:30:34,080 --> 00:30:36,179
are not but wages are not so people

751
00:30:36,179 --> 00:30:38,159
making come from like Investments and

752
00:30:38,159 --> 00:30:41,760
stuff so they're doing well but that's

753
00:30:41,760 --> 00:30:43,380
the distinction is income versus wages

754
00:30:43,380 --> 00:30:45,299
absolutely gotcha and I'll talk a little

755
00:30:45,299 --> 00:30:46,919
bit more about that when we get when we

756
00:30:46,919 --> 00:30:48,840
get that

757
00:30:48,840 --> 00:30:50,159
um

758
00:30:50,159 --> 00:30:52,980
other things that are other uh

759
00:30:52,980 --> 00:30:56,039
highlights lights uh maybe not as as

760
00:30:56,039 --> 00:30:57,840
quite as positive depending on your your

761
00:30:57,840 --> 00:30:59,159
Vantage Point

762
00:30:59,159 --> 00:31:00,899
um there's the the lowest number of job

763
00:31:00,899 --> 00:31:04,080
Seekers we've had in in years not just

764
00:31:04,080 --> 00:31:05,700
the people who are unemployed but people

765
00:31:05,700 --> 00:31:08,880
who are looking for a job who may have a

766
00:31:08,880 --> 00:31:12,600
job it's the the lowest that we've been

767
00:31:12,600 --> 00:31:14,940
able to estimate

768
00:31:14,940 --> 00:31:16,320
um

769
00:31:16,320 --> 00:31:18,539
it appears and I say appears because we

770
00:31:18,539 --> 00:31:20,340
have preliminary data where this is just

771
00:31:20,340 --> 00:31:23,580
kind of uh most recently reversed where

772
00:31:23,580 --> 00:31:26,279
all the jobs that were lost in the

773
00:31:26,279 --> 00:31:28,679
pandemic seem to have been recovered

774
00:31:28,679 --> 00:31:31,260
including all the the major sector

775
00:31:31,260 --> 00:31:33,960
Industries although not all Industries

776
00:31:33,960 --> 00:31:38,779
have fared equally well in the recovery

777
00:31:38,779 --> 00:31:42,360
buncombe's average wage which we talked

778
00:31:42,360 --> 00:31:44,580
about a moment ago is up which is a good

779
00:31:44,580 --> 00:31:48,059
thing but when adjusted for inflation is

780
00:31:48,059 --> 00:31:49,919
actually down from the last two years

781
00:31:49,919 --> 00:31:53,000
although up from pre-pandemic levels

782
00:31:53,000 --> 00:31:57,720
and the wages as mentioned before are

783
00:31:57,720 --> 00:32:01,260
below the state's level

784
00:32:01,260 --> 00:32:02,700
other quick

785
00:32:02,700 --> 00:32:06,299
points uh to highlight housing values

786
00:32:06,299 --> 00:32:08,159
which is I think is no surprise to

787
00:32:08,159 --> 00:32:11,279
anybody here are up when adjusted for

788
00:32:11,279 --> 00:32:14,340
inflation they're up uh 43 percent over

789
00:32:14,340 --> 00:32:18,059
the last 11 years that's higher than the

790
00:32:18,059 --> 00:32:19,860
state and higher than the than the

791
00:32:19,860 --> 00:32:20,760
region

792
00:32:20,760 --> 00:32:24,779
median home values have outpaced uh

793
00:32:24,779 --> 00:32:26,000
income

794
00:32:26,000 --> 00:32:30,720
and rents have outpaced wages

795
00:32:30,720 --> 00:32:33,720
so I'll go through each one of those in

796
00:32:33,720 --> 00:32:35,340
a little bit more detail

797
00:32:35,340 --> 00:32:37,679
um when we talk about the unemployment

798
00:32:37,679 --> 00:32:40,340
rate you can see from this this chart

799
00:32:40,340 --> 00:32:44,880
how low the rate has has gone we have

800
00:32:44,880 --> 00:32:47,640
actually in Buncombe County about 4 000

801
00:32:47,640 --> 00:32:50,159
unemployed people I should clarify what

802
00:32:50,159 --> 00:32:54,720
unemployed means it means all those who

803
00:32:54,720 --> 00:32:58,080
are interested in in working and don't

804
00:32:58,080 --> 00:33:00,120
have a job so they are active job

805
00:33:00,120 --> 00:33:02,460
Seekers people who are not interested in

806
00:33:02,460 --> 00:33:03,899
working or not counted in the

807
00:33:03,899 --> 00:33:07,020
unemployment statistics so the retired

808
00:33:07,020 --> 00:33:09,000
kid you know youth who might be in

809
00:33:09,000 --> 00:33:10,799
school people who are independently

810
00:33:10,799 --> 00:33:12,779
wealthy and don't don't want to work

811
00:33:12,779 --> 00:33:14,880
people who just don't want to work

812
00:33:14,880 --> 00:33:16,919
because they feel like they can't or

813
00:33:16,919 --> 00:33:18,360
they have

814
00:33:18,360 --> 00:33:21,120
um they're caring for loved ones they

815
00:33:21,120 --> 00:33:24,240
may be disabled etc those people are not

816
00:33:24,240 --> 00:33:27,240
counted in the unemployment rate

817
00:33:27,240 --> 00:33:29,580
I mentioned that the there's the most

818
00:33:29,580 --> 00:33:32,100
number of employed people ever

819
00:33:32,100 --> 00:33:36,539
um 145 000 as of of June so this area

820
00:33:36,539 --> 00:33:38,760
took a real hit

821
00:33:38,760 --> 00:33:41,159
um during the pandemic but that's fully

822
00:33:41,159 --> 00:33:43,919
recovered as far as Jobs go

823
00:33:43,919 --> 00:33:46,200
um mentioned that job Seekers are are

824
00:33:46,200 --> 00:33:47,640
down

825
00:33:47,640 --> 00:33:48,360
um

826
00:33:48,360 --> 00:33:51,600
but really what is what is up our job

827
00:33:51,600 --> 00:33:54,960
postings and this has created a really

828
00:33:54,960 --> 00:33:56,519
tight labor market

829
00:33:56,519 --> 00:33:59,100
what it means for a tight labor market

830
00:33:59,100 --> 00:34:01,500
it means it's a great time if you're a

831
00:34:01,500 --> 00:34:05,880
job Seeker there are roughly 1.5 job

832
00:34:05,880 --> 00:34:09,960
openings for every job Seeker it is not

833
00:34:09,960 --> 00:34:11,760
so great of a time if you are an

834
00:34:11,760 --> 00:34:15,780
employer trying to look for work so that

835
00:34:15,780 --> 00:34:20,280
has resulted in rises in wages and

836
00:34:20,280 --> 00:34:26,520
income is includes everything from wage

837
00:34:26,520 --> 00:34:28,740
income to income that you get from

838
00:34:28,740 --> 00:34:31,200
passive investments from income you

839
00:34:31,200 --> 00:34:34,159
receive from some of the

840
00:34:34,159 --> 00:34:37,440
government support that was provided

841
00:34:37,440 --> 00:34:39,899
during the pandemic and for that reason

842
00:34:39,899 --> 00:34:44,580
you've seen a real real shoot upward

843
00:34:44,580 --> 00:34:48,800
both from the wage standpoint and from

844
00:34:48,800 --> 00:34:50,940
benefits standpoint

845
00:34:50,940 --> 00:34:54,960
from 2019 to 2020 when adjusted for

846
00:34:54,960 --> 00:34:58,619
inflation that number dipped if we if we

847
00:34:58,619 --> 00:35:00,660
take inflation

848
00:35:00,660 --> 00:35:02,460
um into account you can see that it

849
00:35:02,460 --> 00:35:04,920
wasn't quite as large of a jump this

850
00:35:04,920 --> 00:35:07,200
increased uh 20 percent

851
00:35:07,200 --> 00:35:09,839
since uh 2010

852
00:35:09,839 --> 00:35:13,020
um and that's still higher than than the

853
00:35:13,020 --> 00:35:14,460
state rate

854
00:35:14,460 --> 00:35:15,000
um

855
00:35:15,000 --> 00:35:17,760
looking here you can see there's been a

856
00:35:17,760 --> 00:35:21,960
fall from 2020 to 2021 as it relates to

857
00:35:21,960 --> 00:35:24,780
median household income

858
00:35:24,780 --> 00:35:27,900
um and it's now kind of closer aligned

859
00:35:27,900 --> 00:35:30,260
to to the state rate

860
00:35:30,260 --> 00:35:33,060
not certain about the reasons for that

861
00:35:33,060 --> 00:35:35,400
at the moment but one can suspect that

862
00:35:35,400 --> 00:35:37,320
some of the pandemic relief may have had

863
00:35:37,320 --> 00:35:39,480
a play in that there was particular

864
00:35:39,480 --> 00:35:46,800
pandemic relief for those in targeted wage groups and industries that

865
00:35:46,800 --> 00:35:50,940
Buncombe County has more of

866
00:35:50,940 --> 00:35:53,460
so we'll see what happens as far as that

867
00:35:53,460 --> 00:35:55,440
in 2022

868
00:35:55,440 --> 00:35:56,099
um

869
00:35:56,099 --> 00:35:59,720
poverty is down it's nearly down to

870
00:35:59,720 --> 00:36:05,089
levels seen in the late 2010s

871
00:36:05,099 --> 00:36:07,920
um it is now lower than uh than the

872
00:36:07,920 --> 00:36:10,020
state and also lower than than the

873
00:36:10,020 --> 00:36:14,630
nation at 11.7 percent

874
00:36:14,640 --> 00:36:16,440
wages

875
00:36:16,440 --> 00:36:18,180
um especially when when adjusted for

876
00:36:18,180 --> 00:36:22,260
inflation have grown since 2010

877
00:36:22,260 --> 00:36:24,660
um but they've dipped a little bit in

878
00:36:24,660 --> 00:36:28,140
over the the last year and that's really

879
00:36:28,140 --> 00:36:30,780
just because of inflation wages in

880
00:36:30,780 --> 00:36:33,119
nominal terms have continued to go up

881
00:36:33,119 --> 00:36:34,800
but inflation has really cut into

882
00:36:34,800 --> 00:36:36,140
people's

883
00:36:36,140 --> 00:36:39,839
pocketbooks and and and uh and their

884
00:36:39,839 --> 00:36:42,599
wages is still much lower

885
00:36:42,599 --> 00:36:48,770
than the state's average weekly wage

886
00:36:48,780 --> 00:36:50,080
wages have

887
00:36:50,080 --> 00:36:50,579
[Music]

888
00:36:50,579 --> 00:36:51,240
um

889
00:36:51,240 --> 00:36:54,140
or higher when we talk about income

890
00:36:54,140 --> 00:36:56,760
there are a couple reasons for that one

891
00:36:56,760 --> 00:36:58,619
we're talking about medians versus

892
00:36:58,619 --> 00:37:01,260
averages and two when we talk about

893
00:37:01,260 --> 00:37:03,440
households we can have multiple earners

894
00:37:03,440 --> 00:37:07,260
in a household and we can have uh

895
00:37:07,260 --> 00:37:10,680
different uh means of of income so these

896
00:37:10,680 --> 00:37:14,040
are not real comparable statistics but

897
00:37:14,040 --> 00:37:17,640
wages are a part of of income

898
00:37:17,640 --> 00:37:20,700
for both of these uh you can see where

899
00:37:20,700 --> 00:37:24,960
the state Falls so income is is higher

900
00:37:24,960 --> 00:37:28,020
for the county than it is for the state

901
00:37:28,020 --> 00:37:30,359
and the state wages is higher than the

902
00:37:30,359 --> 00:37:32,339
county

903
00:37:32,339 --> 00:37:35,220
both of those uh and the growth rates

904
00:37:35,220 --> 00:37:37,440
for both income and wages pale in

905
00:37:37,440 --> 00:37:39,240
comparison to what we've seen for median

906
00:37:39,240 --> 00:37:45,650
home values and meeting rent

907
00:37:45,660 --> 00:37:47,099
so let's talk a little bit more about

908
00:37:47,099 --> 00:37:49,160
wages and where they come from

909
00:37:49,160 --> 00:37:54,300
here's a distribution of average wages

910
00:37:54,300 --> 00:37:57,260
by industry that goes from

911
00:37:57,260 --> 00:38:00,480
accommodation and food services at over

912
00:38:00,480 --> 00:38:03,540
500 a week to eighteen hundred dollars a

913
00:38:03,540 --> 00:38:06,119
week for finance for the finance

914
00:38:06,119 --> 00:38:08,060
industry

915
00:38:08,060 --> 00:38:11,160
buncombe's average is just over a

916
00:38:11,160 --> 00:38:14,520
thousand dollars where the states is at

917
00:38:14,520 --> 00:38:17,760
12 15.

918
00:38:17,760 --> 00:38:22,380
looking at State versus County wages you

919
00:38:22,380 --> 00:38:25,200
can see areas in which the county does

920
00:38:25,200 --> 00:38:26,460
better than the state and where the

921
00:38:26,460 --> 00:38:28,859
state does better than County for

922
00:38:28,859 --> 00:38:31,680
industries that I can highlight where

923
00:38:31,680 --> 00:38:33,359
the county is doing better than the

924
00:38:33,359 --> 00:38:36,000
state are ones where the county tends to

925
00:38:36,000 --> 00:38:39,020
specialize mostly in Hospitality

926
00:38:39,020 --> 00:38:41,700
accommodation Food Services arts and

927
00:38:41,700 --> 00:38:45,480
entertainment as well as Healthcare and

928
00:38:45,480 --> 00:38:48,730
public administration

929
00:38:48,740 --> 00:38:53,520
the four uh or five lowest paying County

930
00:38:53,520 --> 00:38:56,339
of what of the lowest paying Industries

931
00:38:56,339 --> 00:39:00,359
have actually grown twice as fast as the

932
00:39:00,359 --> 00:39:01,619
state

933
00:39:01,619 --> 00:39:02,640
um

934
00:39:02,640 --> 00:39:08,089
while

935
00:39:08,099 --> 00:39:09,180
um

936
00:39:09,180 --> 00:39:13,099
well the the top ones are are

937
00:39:13,099 --> 00:39:16,320
significantly lower than the state I

938
00:39:16,320 --> 00:39:18,240
should mention that

939
00:39:18,240 --> 00:39:21,540
taking the top five paying industries

940
00:39:21,540 --> 00:39:23,880
that if we were to increase wages just

941
00:39:23,880 --> 00:39:25,200
to the top five

942
00:39:25,200 --> 00:39:28,500
you'd recover about 30 percent of the

943
00:39:28,500 --> 00:39:31,380
differential between the state's average

944
00:39:31,380 --> 00:39:34,400
wage and the County's average wage so

945
00:39:34,400 --> 00:39:38,520
that disparity at the high end is part

946
00:39:38,520 --> 00:39:40,619
of what's what's driving the difference

947
00:39:40,619 --> 00:39:45,470
in county and state wages

948
00:39:45,480 --> 00:39:48,240
let's look at employers mentioned that

949
00:39:48,240 --> 00:39:51,240
employment is up number of total number

950
00:39:51,240 --> 00:39:53,060
of jobs

951
00:39:53,060 --> 00:39:56,099
There's 7 400 people

952
00:39:56,099 --> 00:39:59,460
more people employed now than there was

953
00:39:59,460 --> 00:40:03,109
pre-pandemic

954
00:40:03,119 --> 00:40:10,079
um the county saw a lot deeper of a hit during the

955
00:40:10,079 --> 00:40:12,420
pandemic than the state did and has

956
00:40:12,420 --> 00:40:14,820
recovered but the state has recovered a

957
00:40:14,820 --> 00:40:17,099
little bit faster you can see over the

958
00:40:17,099 --> 00:40:19,619
last few months if you can defer from

959
00:40:19,619 --> 00:40:21,060
that uh

960
00:40:21,060 --> 00:40:24,540
from that slide that wages are starting

961
00:40:24,540 --> 00:40:28,870
to accelerate here in the region

962
00:40:28,880 --> 00:40:32,700
looking at growth

963
00:40:32,700 --> 00:40:37,260
good news is that the four fastest

964
00:40:37,260 --> 00:40:40,079
growing regions are also amongst the

965
00:40:40,079 --> 00:40:42,619
highest paying so we have Business and

966
00:40:42,619 --> 00:40:44,880
Professional Business Services which

967
00:40:44,880 --> 00:40:46,740
also includes that management of

968
00:40:46,740 --> 00:40:49,200
companies industry which are

969
00:40:49,200 --> 00:40:51,420
headquarters information financial

970
00:40:51,420 --> 00:40:55,260
services and wholesale trade all growing

971
00:40:55,260 --> 00:40:57,300
fast

972
00:40:57,300 --> 00:40:59,280
here in the county

973
00:40:59,280 --> 00:41:00,720
um

974
00:41:00,720 --> 00:41:04,500
the county has a different look as far

975
00:41:04,500 --> 00:41:07,500
as a breakout of its industry sectors

976
00:41:07,500 --> 00:41:09,260
compared to the state

977
00:41:09,260 --> 00:41:12,359
here's a the share of employment versus

978
00:41:12,359 --> 00:41:14,579
the share of employment for North

979
00:41:14,579 --> 00:41:16,460
Carolina

980
00:41:16,460 --> 00:41:19,040
sheriff industry

981
00:41:19,040 --> 00:41:20,660
differences

982
00:41:20,660 --> 00:41:24,060
account for about 40 percent of the the

983
00:41:24,060 --> 00:41:27,480
difference in median of average weekly

984
00:41:27,480 --> 00:41:28,680
wage

985
00:41:28,680 --> 00:41:30,420
I mentioned that just only give you

986
00:41:30,420 --> 00:41:33,839
context I don't think it would be wise

987
00:41:33,839 --> 00:41:35,220
to

988
00:41:35,220 --> 00:41:35,940
um

989
00:41:35,940 --> 00:41:39,300
to to try to achieve the same level as

990
00:41:39,300 --> 00:41:41,460
the state as far as the the composition

991
00:41:41,460 --> 00:41:45,599
and share Buncombe County is unique from

992
00:41:45,599 --> 00:41:47,339
other counties

993
00:41:47,339 --> 00:41:50,820
um in this in the state in that is able

994
00:41:50,820 --> 00:41:54,720
to draw a lot of people via tourism via

995
00:41:54,720 --> 00:41:55,760
um

996
00:41:55,760 --> 00:41:59,339
via seasonal residents that increases

997
00:41:59,339 --> 00:42:03,599
the demand for services for for food for

998
00:42:03,599 --> 00:42:06,000
entertainment for hospitality and

999
00:42:06,000 --> 00:42:09,000
Leisure more so than what could be

1000
00:42:09,000 --> 00:42:11,520
satisfied by the local residents alone

1001
00:42:11,520 --> 00:42:14,280
so that's always you're always going to

1002
00:42:14,280 --> 00:42:17,940
seem to have a high concentration of

1003
00:42:17,940 --> 00:42:21,420
those of those Industries but this gives

1004
00:42:21,420 --> 00:42:24,720
you a perspective as far as as where the

1005
00:42:24,720 --> 00:42:30,180
state is relative to your economy

1006
00:42:30,180 --> 00:42:33,680
um there's a significantly lower share

1007
00:42:33,680 --> 00:42:37,140
of employment

1008
00:42:37,140 --> 00:42:39,780
um in in Buncombe County compared to the

1009
00:42:39,780 --> 00:42:43,200
state in these industries highlighted

1010
00:42:43,200 --> 00:42:45,839
um I should note that these industries

1011
00:42:45,839 --> 00:42:47,579
that are highlighted whereas there's the

1012
00:42:47,579 --> 00:42:49,440
greatest difference are also the ones

1013
00:42:49,440 --> 00:42:52,910
that pay the pay the most

1014
00:42:52,920 --> 00:42:56,339
conversely those where this the county

1015
00:42:56,339 --> 00:42:59,640
has a higher share of employment

1016
00:42:59,640 --> 00:43:03,660
are ones where typically they they pay

1017
00:43:03,660 --> 00:43:08,329
less

1018
00:43:08,339 --> 00:43:10,579
tourism is vitally important as you know

1019
00:43:10,579 --> 00:43:14,040
and has rebounded strongly

1020
00:43:14,040 --> 00:43:18,420
um from 2021 to 2020 we don't have 2022

1021
00:43:18,420 --> 00:43:21,740
numbers yet grew 18

1022
00:43:21,740 --> 00:43:25,440
between 19 and 2021

1023
00:43:25,440 --> 00:43:30,180
tourism accounts for 9.1 percent of the

1024
00:43:30,180 --> 00:43:33,300
state's total and is the second largest

1025
00:43:33,300 --> 00:43:36,359
in tourism receipts second to

1026
00:43:36,359 --> 00:43:39,060
Mecklenburg in the state

1027
00:43:39,060 --> 00:43:39,660
um

1028
00:43:39,660 --> 00:43:42,420
the Leisure and Hospitality roughly

1029
00:43:42,420 --> 00:43:45,900
accounts for about 6.6 percent of GDP

1030
00:43:45,900 --> 00:43:49,380
for uh for the county so it's it's very

1031
00:43:49,380 --> 00:43:51,420
important

1032
00:43:51,420 --> 00:43:54,960
we look at business as a small business

1033
00:43:54,960 --> 00:43:58,099
we saw a big increase

1034
00:43:58,099 --> 00:44:01,619
Statewide as well as nationally in

1035
00:44:01,619 --> 00:44:04,020
business formation

1036
00:44:04,020 --> 00:44:07,200
um but a lower percentage here in in

1037
00:44:07,200 --> 00:44:10,160
Buncombe County so where we've seen

1038
00:44:10,160 --> 00:44:15,180
according to the census 51 increase in

1039
00:44:15,180 --> 00:44:19,680
new business starts uh from 22 from 2006

1040
00:44:19,680 --> 00:44:21,480
to 2022

1041
00:44:21,480 --> 00:44:26,040
uh or sorry since 2019 we saw a 41

1042
00:44:26,040 --> 00:44:33,349
increase here in Buncombe County

1043
00:44:33,359 --> 00:44:35,520
looking forward

1044
00:44:35,520 --> 00:44:38,460
um the future is uh

1045
00:44:38,460 --> 00:44:41,400
is going to be determined by the

1046
00:44:41,400 --> 00:44:45,060
workforce and education is critically

1047
00:44:45,060 --> 00:44:47,579
important to the jobs that we see coming

1048
00:44:47,579 --> 00:44:50,520
online now and in the future our

1049
00:44:50,520 --> 00:44:53,640
Department of Commerce and Lead does

1050
00:44:53,640 --> 00:44:56,640
10-year projections of employment by

1051
00:44:56,640 --> 00:44:59,220
industry and occupation every two years

1052
00:44:59,220 --> 00:45:01,579
and our latest

1053
00:45:01,579 --> 00:45:06,319
run shows that the jobs that require

1054
00:45:06,319 --> 00:45:09,200
post-secondary education are growing

1055
00:45:09,200 --> 00:45:16,849
much faster than those that that don't

1056
00:45:16,859 --> 00:45:19,440
automation

1057
00:45:19,440 --> 00:45:23,829
sorry

1058
00:45:23,839 --> 00:45:26,700
automation is something that is of

1059
00:45:26,700 --> 00:45:28,880
interest to a lot of folks these days

1060
00:45:28,880 --> 00:45:33,619
the latest data available on automation

1061
00:45:33,619 --> 00:45:41,040
really did not include uh the latest in AI or looking more at traditional

1062
00:45:41,040 --> 00:45:42,720
Robotics and

1063
00:45:42,720 --> 00:45:45,619
um and process automation

1064
00:45:45,619 --> 00:45:49,319
we're currently looking into the effects

1065
00:45:49,319 --> 00:45:51,780
that AI may have on the labor force but

1066
00:45:51,780 --> 00:45:54,420
you can see that automation is more

1067
00:45:54,420 --> 00:45:57,480
likely to affect the lower educated jobs

1068
00:45:57,480 --> 00:46:01,319
than the higher ones and for Asheville

1069
00:46:01,319 --> 00:46:05,160
that means a lot of jobs that have the

1070
00:46:05,160 --> 00:46:07,859
potential to be disrupted I like to say

1071
00:46:07,859 --> 00:46:10,040
disrupted as opposed to

1072
00:46:10,040 --> 00:46:12,359
lost I don't think that they're

1073
00:46:12,359 --> 00:46:14,460
necessarily going to be lost but jobs

1074
00:46:14,460 --> 00:46:15,740
will change

1075
00:46:15,740 --> 00:46:19,859
there may be jobs that that do

1076
00:46:19,859 --> 00:46:21,319
Transition

1077
00:46:21,319 --> 00:46:24,540
but new ones may be created they often

1078
00:46:24,540 --> 00:46:27,960
are and often what people do in those

1079
00:46:27,960 --> 00:46:34,280
professions change we often talk about uh

1080
00:46:34,280 --> 00:46:37,619
about ATMs and their effects on bank

1081
00:46:37,619 --> 00:46:40,260
tellers everybody was afraid that we're

1082
00:46:40,260 --> 00:46:42,180
going to lose all bank tellers that

1083
00:46:42,180 --> 00:46:45,599
actually grew bank tellers just do a

1084
00:46:45,599 --> 00:46:46,920
little bit different of a job than they

1085
00:46:46,920 --> 00:46:51,119
did 20 or 30 years ago so we expect some

1086
00:46:51,119 --> 00:46:53,460
disruption and we're starting to see

1087
00:46:53,460 --> 00:46:55,740
that already even in the hospitality

1088
00:46:55,740 --> 00:46:58,740
sector because of things like automation

1089
00:46:58,740 --> 00:47:01,859
automated Payment Systems ordering

1090
00:47:01,859 --> 00:47:04,309
online

1091
00:47:04,319 --> 00:47:07,740
um menus on your phone and whatnot so

1092
00:47:07,740 --> 00:47:10,800
it's changing jobs and what's needed in

1093
00:47:10,800 --> 00:47:13,500
the workforce and will continue

1094
00:47:13,500 --> 00:47:18,240
some quick takeaways as I mentioned it's a tight labor market we expect this

1095
00:47:18,240 --> 00:47:20,579
to last as long as the economy is good

1096
00:47:20,579 --> 00:47:24,480
recession will change everything but but

1097
00:47:24,480 --> 00:47:28,260
we expect there to be more more jobs

1098
00:47:28,260 --> 00:47:29,420
available

1099
00:47:29,420 --> 00:47:32,640
than there are job Seekers coming online

1100
00:47:32,640 --> 00:47:35,460
just because of demographics so this is

1101
00:47:35,460 --> 00:47:37,740
something that's that's likely to to

1102
00:47:37,740 --> 00:47:41,040
continue to happen it's a great time to

1103
00:47:41,040 --> 00:47:43,440
try to reach out and get some of those

1104
00:47:43,440 --> 00:47:46,020
people who are not in the labor force

1105
00:47:46,020 --> 00:47:49,079
into employment they're often very

1106
00:47:49,079 --> 00:47:51,000
difficult to serve very expensive to

1107
00:47:51,000 --> 00:47:52,800
serve to try to get people whether it's

1108
00:47:52,800 --> 00:47:56,099
those with disabilities whether it's a

1109
00:47:56,099 --> 00:47:57,960
those who are have long-term

1110
00:47:57,960 --> 00:47:59,119
unemployment

1111
00:47:59,119 --> 00:48:03,240
youth who have dropped out of school or

1112
00:48:03,240 --> 00:48:05,940
those who are just as involved but now

1113
00:48:05,940 --> 00:48:07,859
is probably the best bang for our buck

1114
00:48:07,859 --> 00:48:10,079
to be able to to get those people into

1115
00:48:10,079 --> 00:48:12,260
jobs because they're needed

1116
00:48:12,260 --> 00:48:16,020
wage growth is trailing the state and

1117
00:48:16,020 --> 00:48:18,119
houses housing costs

1118
00:48:18,119 --> 00:48:19,619
um

1119
00:48:19,619 --> 00:48:23,040
education is going to be critical as I

1120
00:48:23,040 --> 00:48:26,760
mentioned you can diverse diversify to

1121
00:48:26,760 --> 00:48:30,780
some extent but tourism is is critical

1122
00:48:30,780 --> 00:48:33,780
in trying to get to the same level as

1123
00:48:33,780 --> 00:48:36,240
the state as far as a a share of

1124
00:48:36,240 --> 00:48:39,180
employment probably is not wise or

1125
00:48:39,180 --> 00:48:42,119
realistic but there is opportunities to

1126
00:48:42,119 --> 00:48:45,740
try to to get more people into those

1127
00:48:45,740 --> 00:48:48,780
high-paying sectors

1128
00:48:48,780 --> 00:48:49,319
um

1129
00:48:49,319 --> 00:48:51,599
support those those high-paying sectors

1130
00:48:51,599 --> 00:48:54,000
and the people in it we don't yet have

1131
00:48:54,000 --> 00:48:59,640
data on those who may be working remotely or

1132
00:48:59,640 --> 00:49:02,220
who have relocated to work here remotely

1133
00:49:02,220 --> 00:49:06,119
there is data available on remote work

1134
00:49:06,119 --> 00:49:07,920
um but it shows kind of a mixed picture

1135
00:49:07,920 --> 00:49:09,839
as it relates to

1136
00:49:09,839 --> 00:49:12,480
the region there is opportunity though

1137
00:49:12,480 --> 00:49:14,160
potentially and maybe that's part of the

1138
00:49:14,160 --> 00:49:15,540
reason why we're seeing some of the fast

1139
00:49:15,540 --> 00:49:18,660
wage growth in those in those remote

1140
00:49:18,660 --> 00:49:21,180
work capable Industries

1141
00:49:21,180 --> 00:49:23,240
that pay well

1142
00:49:23,240 --> 00:49:27,619
lastly a small business there's

1143
00:49:27,619 --> 00:49:31,079
opportunity here to try to grow and

1144
00:49:31,079 --> 00:49:35,040
nurture that Community especially if

1145
00:49:35,040 --> 00:49:36,900
we've seen lower

1146
00:49:36,900 --> 00:49:37,640
um

1147
00:49:37,640 --> 00:49:41,280
lower startups here than than across the

1148
00:49:41,280 --> 00:49:42,839
state

1149
00:49:42,839 --> 00:49:45,660
if you want more information from us or

1150
00:49:45,660 --> 00:49:51,980
where to where to stay abreast for this data we have a website called

1151
00:49:51,980 --> 00:49:53,660
analytics.nccommers.com

1152
00:49:53,660 --> 00:49:56,420
there we highlight things like

1153
00:49:56,420 --> 00:49:58,200
nccareers.org which is our Career

1154
00:49:58,200 --> 00:49:59,819
Information System for the state where

1155
00:49:59,819 --> 00:50:03,420
we have we offer a free Career

1156
00:50:03,420 --> 00:50:06,240
Information System for those in school

1157
00:50:06,240 --> 00:50:09,420
and those in the workforce we have we've

1158
00:50:09,420 --> 00:50:13,140
had about 900 000 unique users across

1159
00:50:13,140 --> 00:50:14,780
the state

1160
00:50:14,780 --> 00:50:17,280
take assessments learn about the jobs

1161
00:50:17,280 --> 00:50:19,140
that are available and what it takes to

1162
00:50:19,140 --> 00:50:20,700
get them

1163
00:50:20,700 --> 00:50:23,400
and it's available for you in the county

1164
00:50:23,400 --> 00:50:26,700
at the local level as well we have area

1165
00:50:26,700 --> 00:50:29,760
profiles at the county level where you

1166
00:50:29,760 --> 00:50:31,280
can look at

1167
00:50:31,280 --> 00:50:34,500
economic conditions in your county is

1168
00:50:34,500 --> 00:50:37,740
updated monthly

1169
00:50:37,740 --> 00:50:40,260
and then we have two News letters that

1170
00:50:40,260 --> 00:50:42,359
you can follow on economic and labor

1171
00:50:42,359 --> 00:50:44,339
market statistics

1172
00:50:44,339 --> 00:50:48,059
we have a we also have a LMI Tuesday

1173
00:50:48,059 --> 00:50:51,180
mini webinar that you can you can follow

1174
00:50:51,180 --> 00:50:52,800
every other Tuesday on the first and

1175
00:50:52,800 --> 00:50:54,839
third of the month

1176
00:50:54,839 --> 00:50:57,240
so with that I'll conclude and I'll take

1177
00:50:57,240 --> 00:51:00,119
any questions you may have

1178
00:51:00,119 --> 00:51:02,460
thank you so much this is really great

1179
00:51:02,460 --> 00:51:04,740
content a lot to digest

1180
00:51:04,740 --> 00:51:07,800
um on that last takeaway in terms of

1181
00:51:07,800 --> 00:51:12,180
ways to kind of stimulate or nurture uh

1182
00:51:12,180 --> 00:51:13,619
startups and that kind of

1183
00:51:13,619 --> 00:51:15,420
entrepreneurial environment do you have

1184
00:51:15,420 --> 00:51:17,520
any kind of um

1185
00:51:17,520 --> 00:51:19,559
concrete examples that come to mind

1186
00:51:19,559 --> 00:51:21,180
where you've seen other communities able

1187
00:51:21,180 --> 00:51:23,420
to kind of reverse that Trend and

1188
00:51:23,420 --> 00:51:26,880
cultivate more of that startup

1189
00:51:26,880 --> 00:51:30,260
um there are uh I know that there is a a

1190
00:51:30,260 --> 00:51:33,240
startup Hub I forgot what that that I

1191
00:51:33,240 --> 00:51:35,700
think they the EDC runs

1192
00:51:35,700 --> 00:51:37,859
um here and I've seen that happen in a

1193
00:51:37,859 --> 00:51:40,619
lot of local communities I know Durham

1194
00:51:40,619 --> 00:51:44,040
has networking events that their their

1195
00:51:44,040 --> 00:51:45,319
chamber

1196
00:51:45,319 --> 00:51:48,900
offers there are social events

1197
00:51:48,900 --> 00:51:50,640
um which may be something especially if

1198
00:51:50,640 --> 00:51:52,319
you're attract if

1199
00:51:52,319 --> 00:51:54,240
you're attracting

1200
00:51:54,240 --> 00:51:56,640
um some more remote workers to get those

1201
00:51:56,640 --> 00:51:59,819
people integrated into

1202
00:51:59,819 --> 00:52:03,960
um not only the community but also a lot

1203
00:52:03,960 --> 00:52:06,480
of tech workers as you know are involved

1204
00:52:06,480 --> 00:52:08,940
in startup activities or could play a

1205
00:52:08,940 --> 00:52:12,540
role so a lot of counties and and edcs

1206
00:52:12,540 --> 00:52:15,900
tend to work on a lot on networking also

1207
00:52:15,900 --> 00:52:19,700
you know the sbtdc here in the region

1208
00:52:19,700 --> 00:52:21,960
has been putting more and more attention

1209
00:52:21,960 --> 00:52:25,859
to startups in the future I get in touch

1210
00:52:25,859 --> 00:52:27,540
with them to see what they're offering

1211
00:52:27,540 --> 00:52:29,339
and and their what they're seeing on the

1212
00:52:29,339 --> 00:52:32,630
ground

1213
00:52:32,640 --> 00:52:34,859
I had a similar question but in regards

1214
00:52:34,859 --> 00:52:37,160
to engaging those with hiring challenges

1215
00:52:37,160 --> 00:52:39,480
particularly Justice involved people

1216
00:52:39,480 --> 00:52:41,180
with disabilities

1217
00:52:41,180 --> 00:52:43,380
a lot of organizations that have Federal

1218
00:52:43,380 --> 00:52:45,540
funding for example are required to hire

1219
00:52:45,540 --> 00:52:47,579
someone with a bachelor's degree have

1220
00:52:47,579 --> 00:52:51,780
you seen any examples of where

1221
00:52:51,780 --> 00:52:54,119
you know communities have had success in

1222
00:52:54,119 --> 00:52:57,119
navigating some of those more difficult

1223
00:52:57,119 --> 00:53:00,119
hiring situations where requirements are

1224
00:53:00,119 --> 00:53:01,980
put on them in terms of who they can

1225
00:53:01,980 --> 00:53:05,160
hire so they can focus on hiring

1226
00:53:05,160 --> 00:53:07,619
I haven't seen that as much I know has

1227
00:53:07,619 --> 00:53:09,480
been talked about a lot in the state has

1228
00:53:09,480 --> 00:53:11,819
lowered their you know as a employer has

1229
00:53:11,819 --> 00:53:14,400
lowered their hiring requirements

1230
00:53:14,400 --> 00:53:18,720
um I think a lot of a lot of it really

1231
00:53:18,720 --> 00:53:22,440
is generated by the the business right

1232
00:53:22,440 --> 00:53:24,119
and so

1233
00:53:24,119 --> 00:53:27,180
um we've seen that employers have been

1234
00:53:27,180 --> 00:53:30,020
more willing to lower their standards

1235
00:53:30,020 --> 00:53:33,059
you can think of it when you know you've

1236
00:53:33,059 --> 00:53:36,960
got a stack of of resumes this high that

1237
00:53:36,960 --> 00:53:39,059
you need to whittle it down somehow and

1238
00:53:39,059 --> 00:53:42,300
often times things like education were

1239
00:53:42,300 --> 00:53:46,140
the first point of of that narrowing a

1240
00:53:46,140 --> 00:53:47,640
lot of employers when they have a stack

1241
00:53:47,640 --> 00:53:49,559
this high or they have nobody have

1242
00:53:49,559 --> 00:53:50,720
opened up

1243
00:53:50,720 --> 00:53:54,900
their requirements I haven't seen a lot

1244
00:53:54,900 --> 00:53:56,760
I know in some manufacturing

1245
00:53:56,760 --> 00:54:01,079
particularly where things like drugs are

1246
00:54:01,079 --> 00:54:03,059
more of a drug screening is more of an

1247
00:54:03,059 --> 00:54:05,099
issue I have

1248
00:54:05,099 --> 00:54:07,500
I haven't heard as much of the

1249
00:54:07,500 --> 00:54:09,380
requirements about

1250
00:54:09,380 --> 00:54:11,460
Justice fault that it doesn't surprise

1251
00:54:11,460 --> 00:54:15,059
me that there that there would be some I

1252
00:54:15,059 --> 00:54:18,000
even so I think there are still lots of

1253
00:54:18,000 --> 00:54:20,280
employers and I know the state's

1254
00:54:20,280 --> 00:54:23,220
division of Workforce Solutions the

1255
00:54:23,220 --> 00:54:25,380
local Career Centers here work with

1256
00:54:25,380 --> 00:54:26,880
Justice involved communities and

1257
00:54:26,880 --> 00:54:29,040
employers who are willing to to hire

1258
00:54:29,040 --> 00:54:30,900
there is federal bonding and other

1259
00:54:30,900 --> 00:54:33,780
method other ways to encourage employers

1260
00:54:33,780 --> 00:54:36,839
to work with with that population I

1261
00:54:36,839 --> 00:54:38,520
think there's some of it is an awareness

1262
00:54:38,520 --> 00:54:40,260
and some of it is just a natural

1263
00:54:40,260 --> 00:54:44,280
hesitancy but now more than any time in

1264
00:54:44,280 --> 00:54:45,380
my lifetime

1265
00:54:45,380 --> 00:54:48,359
it appears that there's more of a

1266
00:54:48,359 --> 00:54:51,000
willingness for employers to take a

1267
00:54:51,000 --> 00:54:52,920
chance I'm not saying it's easy and that

1268
00:54:52,920 --> 00:54:54,839
you've got a lot of employers wanting to

1269
00:54:54,839 --> 00:54:56,700
take a chance on on that type of

1270
00:54:56,700 --> 00:54:58,140
individual but there's more of a

1271
00:54:58,140 --> 00:55:00,359
likelihood now during the tight labor

1272
00:55:00,359 --> 00:55:04,370
market than their of her husband

1273
00:55:04,380 --> 00:55:06,960
Jeffrey you know when I would like to

1274
00:55:06,960 --> 00:55:10,619
see more of on reports like this is we

1275
00:55:10,619 --> 00:55:13,440
don't talk enough about the challenges

1276
00:55:13,440 --> 00:55:16,500
we have with people of color

1277
00:55:16,500 --> 00:55:19,500
you know overall Buncombe County is no

1278
00:55:19,500 --> 00:55:22,260
different from North Carolina or the

1279
00:55:22,260 --> 00:55:25,500
United States for that matter but I

1280
00:55:25,500 --> 00:55:27,599
think when you give reports like this

1281
00:55:27,599 --> 00:55:31,319
it's great don't misunderstand me but

1282
00:55:31,319 --> 00:55:33,720
we need to highlight

1283
00:55:33,720 --> 00:55:37,200
the obstacles and that we have in that

1284
00:55:37,200 --> 00:55:40,859
and what we can do to improve this sure

1285
00:55:40,859 --> 00:55:44,040
because this is a group that I still see

1286
00:55:44,040 --> 00:55:48,300
that we are losing a lot of valuable

1287
00:55:48,300 --> 00:55:50,339
Talent

1288
00:55:50,339 --> 00:55:53,400
right and we've got to discuss it and

1289
00:55:53,400 --> 00:55:56,760
tackle it and look at it and and if I

1290
00:55:56,760 --> 00:55:59,880
could go back to my I had a slide just

1291
00:55:59,880 --> 00:56:00,839
in case

1292
00:56:00,839 --> 00:56:03,660
it's hard to to know exactly what

1293
00:56:03,660 --> 00:56:05,220
everybody wants to talk about and try to

1294
00:56:05,220 --> 00:56:06,660
fit everything in a short presentation

1295
00:56:06,660 --> 00:56:09,000
so I have a couple slides at the end of

1296
00:56:09,000 --> 00:56:12,480
my presentation that are um

1297
00:56:12,480 --> 00:56:17,040
extras and so here's number one extra I

1298
00:56:17,040 --> 00:56:18,660
should say which is not to say that it's

1299
00:56:18,660 --> 00:56:20,280
not important

1300
00:56:20,280 --> 00:56:22,319
um it shouldn't be extra it should be

1301
00:56:22,319 --> 00:56:26,400
included you're right and and so

1302
00:56:26,400 --> 00:56:27,839
um when we talk about employment

1303
00:56:27,839 --> 00:56:29,579
opportunities in a tight labor market

1304
00:56:29,579 --> 00:56:32,040
it's a tight labor market overall but

1305
00:56:32,040 --> 00:56:33,059
it's not

1306
00:56:33,059 --> 00:56:35,400
that tight for everyone which again

1307
00:56:35,400 --> 00:56:38,579
leads some to question well

1308
00:56:38,579 --> 00:56:40,920
how how desperate are employers for

1309
00:56:40,920 --> 00:56:42,240
people when we have five and a half

1310
00:56:42,240 --> 00:56:43,260
percent

1311
00:56:43,260 --> 00:56:45,960
unemployment rate for black African

1312
00:56:45,960 --> 00:56:49,980
Americans in in Buncombe County so

1313
00:56:49,980 --> 00:56:52,140
um yes I I

1314
00:56:52,140 --> 00:56:54,240
um I'm sorry I didn't put this in the

1315
00:56:54,240 --> 00:56:56,579
front of the presentation

1316
00:56:56,579 --> 00:56:59,880
um but it is an important thing to to

1317
00:56:59,880 --> 00:57:01,980
call out and to address and to have a

1318
00:57:01,980 --> 00:57:03,480
Frank and honest conversation with

1319
00:57:03,480 --> 00:57:05,520
employers as well as reaching those

1320
00:57:05,520 --> 00:57:07,920
people and see if there's any other if

1321
00:57:07,920 --> 00:57:10,260
you know there there may be other

1322
00:57:10,260 --> 00:57:13,260
opportunities other barriers within

1323
00:57:13,260 --> 00:57:16,020
racial populations as well we need to

1324
00:57:16,020 --> 00:57:18,480
make sure that we talk about opportunity

1325
00:57:18,480 --> 00:57:19,920
youth people have dropped out of high

1326
00:57:19,920 --> 00:57:21,180
school

1327
00:57:21,180 --> 00:57:23,400
um you know how much overlap do we have

1328
00:57:23,400 --> 00:57:27,839
with race in Buncombe County so

1329
00:57:27,839 --> 00:57:29,040
yes

1330
00:57:29,040 --> 00:57:30,240
um

1331
00:57:30,240 --> 00:57:40,010
it's an issue

1332
00:57:40,020 --> 00:57:42,140
um I guess my only question

1333
00:57:42,140 --> 00:57:45,890
this time would be

1334
00:57:45,900 --> 00:57:49,200
you know there's over the last um 12

1335
00:57:49,200 --> 00:57:50,880
months since the

1336
00:57:50,880 --> 00:57:53,579
um Congress passed the the so-called

1337
00:57:53,579 --> 00:57:55,260
inflation reduction act which is

1338
00:57:55,260 --> 00:57:57,180
actually about a lot of other stuff with

1339
00:57:57,180 --> 00:58:01,680
you know domestic manufacturing and uh

1340
00:58:01,680 --> 00:58:04,440
um clean energy economy related things

1341
00:58:04,440 --> 00:58:06,420
there's been the you know the largest

1342
00:58:06,420 --> 00:58:09,359
number of announced manufacturing

1343
00:58:09,359 --> 00:58:11,700
expansions and new manufacturing

1344
00:58:11,700 --> 00:58:14,819
projects in the country by like this

1345
00:58:14,819 --> 00:58:17,400
huge margin compared to any time in

1346
00:58:17,400 --> 00:58:19,020
decades right so we're going to go

1347
00:58:19,020 --> 00:58:22,619
through this big National Renaissance in

1348
00:58:22,619 --> 00:58:24,960
terms in the clean tech and

1349
00:58:24,960 --> 00:58:27,890
Manufacturing sector

1350
00:58:27,900 --> 00:58:29,280
um

1351
00:58:29,280 --> 00:58:30,900
what else should we be doing I mean

1352
00:58:30,900 --> 00:58:32,220
obviously those are all things that are

1353
00:58:32,220 --> 00:58:34,500
like what people in our community really

1354
00:58:34,500 --> 00:58:36,780
love right so is there is are there

1355
00:58:36,780 --> 00:58:38,880
other things that we should be doing to

1356
00:58:38,880 --> 00:58:43,440
position ourselves to benefit from

1357
00:58:43,440 --> 00:58:45,900
um the rapid growth in that sector I

1358
00:58:45,900 --> 00:58:47,579
mean I we've had a lot of great projects

1359
00:58:47,579 --> 00:58:48,960
happening in our area

1360
00:58:48,960 --> 00:58:50,400
when we look at a lot of things

1361
00:58:50,400 --> 00:58:52,020
happening around North Carolina we'd

1362
00:58:52,020 --> 00:58:54,420
love to see more of those projects you

1363
00:58:54,420 --> 00:58:56,700
know coming to Western North Carolina so

1364
00:58:56,700 --> 00:58:58,799
any thoughts sure

1365
00:58:58,799 --> 00:59:01,680
um yeah we're seeing uh high growth in

1366
00:59:01,680 --> 00:59:04,200
uh occupations such as solar

1367
00:59:04,200 --> 00:59:07,020
photovoltaic installers solar panel

1368
00:59:07,020 --> 00:59:09,480
installers in the uh in the state and in

1369
00:59:09,480 --> 00:59:11,520
the region working with Community

1370
00:59:11,520 --> 00:59:14,760
College on that but really the the new

1371
00:59:14,760 --> 00:59:16,859
green economy is going to require a lot

1372
00:59:16,859 --> 00:59:20,540
more electricians than we currently have

1373
00:59:20,540 --> 00:59:23,180
everybody's kind of struggling with that

1374
00:59:23,180 --> 00:59:27,660
in the state and and nationally so I

1375
00:59:27,660 --> 00:59:30,059
would you know certainly work with

1376
00:59:30,059 --> 00:59:32,640
um your local Community College make

1377
00:59:32,640 --> 00:59:35,579
sure that not only

1378
00:59:35,579 --> 00:59:40,380
are programs in place but also that the

1379
00:59:40,380 --> 00:59:43,380
community at large is aware of these

1380
00:59:43,380 --> 00:59:45,480
opportunities and and what it takes to

1381
00:59:45,480 --> 00:59:46,680
get into them

1382
00:59:46,680 --> 00:59:48,480
and that's what we're trying to do with

1383
00:59:48,480 --> 00:59:52,020
the NC careers I mentioned you know how

1384
00:59:52,020 --> 00:59:55,559
can we prepare the uh the students and

1385
00:59:55,559 --> 00:59:57,420
the job Seekers for future employment if

1386
00:59:57,420 --> 00:59:59,339
we don't tell them what that future

1387
00:59:59,339 --> 01:00:01,500
employment is and what it takes to get

1388
01:00:01,500 --> 01:00:04,490
there so

1389
01:00:04,500 --> 01:00:07,490
any other questions

1390
01:00:07,500 --> 01:00:09,119
all right Jeff thanks so much appreciate

1391
01:00:09,119 --> 01:00:15,410
you thank you

1392
01:00:15,420 --> 01:00:18,000
all right is that it for this item

1393
01:00:18,000 --> 01:00:19,559
okay all right I wasn't sure if we're

1394
01:00:19,559 --> 01:00:21,780
gonna go to the other slide all right

1395
01:00:21,780 --> 01:00:23,819
well then if that said on this yeah the

1396
01:00:23,819 --> 01:00:25,440
other side is just your information okay

1397
01:00:25,440 --> 01:00:26,520
great

1398
01:00:26,520 --> 01:00:27,720
all right well Commissioners that's

1399
01:00:27,720 --> 01:00:30,059
everything that we had on the agenda so

1400
01:00:30,059 --> 01:00:31,200
um

1401
01:00:31,200 --> 01:00:39,890
we are

1402
01:00:39,900 --> 01:00:42,000
Here Comes Rafael we were including that

1403
01:00:42,000 --> 01:00:43,740
for your information but we can discuss

1404
01:00:43,740 --> 01:00:46,920
it if that's yeah

1405
01:00:46,920 --> 01:00:51,000
okay so we're not doing that other PowerPoint

1406
01:00:51,000 --> 01:00:52,260
presentation of the meeting okay great

1407
01:00:52,260 --> 01:00:54,000
all right well then we're adjourned for

1408
01:00:54,000 --> 01:00:55,619
this meeting we'll reconvene I believe

1409
01:00:55,619 --> 01:00:57,780
you had a closed session yeah so we'll

1410
01:00:57,780 --> 01:01:00,480
reconvene it at five o'clock but we do

1411
01:01:00,480 --> 01:01:01,980
have a need for a closed session Mr free

1412
01:01:01,980 --> 01:01:03,299
would you tell us what the purpose is

1413
01:01:03,299 --> 01:01:06,119
yes sir Mr chairman Commissioners uh we

1414
01:01:06,119 --> 01:01:07,500
request to go in a closed session for

1415
01:01:07,500 --> 01:01:09,240
two purposes one

1416
01:01:09,240 --> 01:01:13,440
uh General statute 143 318 11 A6 that's

1417
01:01:13,440 --> 01:01:16,079
for uh Personnel moderate uh matters

1418
01:01:16,079 --> 01:01:18,900
considering uh qualifications confidence

1419
01:01:18,900 --> 01:01:21,359
performance of a County employee and

1420
01:01:21,359 --> 01:01:25,799
second for GS 143 31811 A3 to console

1421
01:01:25,799 --> 01:01:28,020
with attorneys uh regarding the matter

1422
01:01:28,020 --> 01:01:30,299
involving attorney client privilege we

1423
01:01:30,299 --> 01:01:31,859
just expect direction from the board

1424
01:01:31,859 --> 01:01:33,240
with no action to be taken an open

1425
01:01:33,240 --> 01:01:34,740
session

1426
01:01:34,740 --> 01:01:37,460
all right

1427
01:01:37,460 --> 01:01:39,480
is there a motion to go into closed

1428
01:01:39,480 --> 01:01:42,480
sessions second

1429
01:01:42,480 --> 01:01:45,599
all in favor say aye aye any opposed all

1430
01:01:45,599 --> 01:01:48,319
right from closed session