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property taxes

This tag is associated with 41 posts

Town, county budgeting process getting under way

Jan. 11. Mecklenburg County, which accounts for about two-thirds of your property tax bills, is beginning to shape the next fiscal year’s budget. The first step is a public hearing Jan. 17 at the Board of County Commissioners’ regular meeting Speakers will have three minutes to share their thoughts. Email comments to Clerk@MeckNC.gov. The deadline to […]

Budget time begins: Share your thoughts on how the Town spends money

Dec. 11. By Dave Vieser. The annual Citizen Budget Survey has begun, during which the Town of Cornelius asks residents to take a few minutes to outline their preferences and priorities for the Fiscal Year 2025 budget. The new budget will cover the 12 months beginning July 1, 2024, and ending June 30, 2025. There […]

Property Tax Concept

Now that you’re over your re-assessment shock, tax bills will soon be on their way

July 25. Mecklenburg County will mail tax bills for real property, individual personal property, and business personal property by this coming Monday. Bills are due Sept. 1, and must be paid by Jan. 5 2024 to avoid interest. For properties under appeal, the tax bills will be subsequently mailed. Taxpayers who appeal their tax values […]

Affordable housing

Davidson Community Foundation will assist westside residents impacted by reval

June 19. Davidson residents most severely impacted by Mecklenburg County’s new tax assessments may find relief thanks to a $22,000 grant from the Davidson Community Foundation to the Town of Davidson. The one-time grant can help up to 100 residents with immediate challenges around the town’s portion of property tax assessments. Mecklenburg County has additional […]

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What’s your property tax bill going to look like?

June 9. By Dave Vieser. With both the town and county budgets adopted, property owners in Cornelius can figure out what their tax bills will be when they are mailed out this summer. Cornelius rate: .1731 County rate: .4731 The combined tax rate is .6462, with the county’s share at 73 percent. —Multiply the property […]

New town budget approved 4-0

June 6.  By Dave Yochum. One of the most arduous tasks town staff an elected officials undertake every—the annual spending plan for the Fiscal Year starting July 1—was approved 4-0 by the Town Board last night. Budget watchdog, Commissioner Dave Gilroy, was absent. Town Manager Andrew Grant’s $31.787 million municipal budget, down from last year’s […]

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The tax man cometh: New rates, higher values mean larger tax bills

June 5. By Dave Yochum. Our new property tax bills, based on rising property valuations and proposed tax rates that are above revenue neutral, will, generally speaking rise about 11.9 percent, with 9.3 percent attributable to Mecklenburg County and 2.6 percent attributable to the Town of Cornelius. Nearly three-quarters – 73 percent – of a total […]

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New budget proposal: Town manager pitches .1731 tax rate on much higher valuations

May 16. By Dave Yochum. Town Manager Andrew Grant has proposed a $31.796 million municipal budget, down from the current year’s $33.155 million spending package. The proposal for the 2023-2024 fiscal year includes $4.8 million in American Rescue Plan funds. A public hearing on the proposed spending plan was held last night during which two […]

Town Board meeting tonight

May 15. Town Manager Andrew Grant will unveil his proposed budget which is expected to call for a new tax rate a penny above revenue neutral, down from 2 cents in the first public draft. There will be a public hearing as well. Also on the agenda tonight is a resolution of intent to amend […]

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On Monday, Cornelius will move one step closer to a new tax rate

May 12. By Dave Vieser. It doesn’t appear that Cornelius commissioners will be under any neighborhood pressure to adopt a revenue neutral budget. Town managers in both Davidson and Huntersville have proposed tax rates which are above revenue neutral. What is revenue neutral? Revenue neutral is when a taxing jurisdiction budgets the exact same amount […]