In an effort to bring property values in line with the current real estate climate, the Mitchell County Commissioners voted this week to reset the county’s revaluation period from an eight to a five year cycle. The county’s last revaluation took place in 2007 at the height of the real estate boom and just before the economic downturn. As a result property values on the tax assessor’s books were much higher than actual market prices. It is thought that a shorter revaluation cycle will help taxpayers get their tax bills more in line with the actual value of their property. The decision will also help the Board of Commissioners to gain better control of the county’s fiscal policies.