A new state law that freezes property tax reappraisals in North Carolina could force Buncombe County to reopen its budget just days after the new fiscal year begins. The law, signed Friday by Gov. Josh Stein, temporarily blocks counties from using 2026 property tax reappraisals to calculate tax bills. In Buncombe County, where reassessments became effective on Jan. 1, reverting to older values could result in an estimated $2 million budget gap.