property taxes
With county budget approved, total property tax rate in Cornelius is finalized at .8489
June 23. By Dave Yochum. The Board of County Commissioners has approved a $2.2-billion budget that is 6.7 percent above the current 2022 operating budget. Nevertheless, the new budget maintains the existing county tax rate of 61.69 cents. With Cornelius’ newly adopted FY 2023 budget, property owners will pay a total of 84.89 cents for […]
Town Board meeting tonight: Will they vote on the budget?
June 6. By Dave Vieser. The town’s staff plans to give Town Commissioners the opportunity to adopt the proposed $28.35 million 2023 fiscal year budget at tonight’s board meeting. The spending plan calls for a one-cent tax increase in the town tax rate. One-time ARPA funding Town Manager Andrew Grant said the proposed FY23 budget […]
Town manager’s proposed $28 million budget calls for penny tax increase
May 3. By Dave Vieser. The proposed $28.35 million municipal budget unveiled Monday evening by Cornelius Town Manager Andrew Grant contains a one cent increase in the town tax rate, which would cost a family with a home valued at $450,000 an additional $45 a year. If adopted by the Town Board, the tax rate […]
FY 2023 budget will be released tonight
May 2. The 2023 Fiscal Year town budget is scheduled to be released at tonight’s Town Board Meeting. Town Manager Andrew Grant will provide the details for the commissioners; highlights of the $28 million spending plan will be available for residents online beginning Tuesday May 3. The current 2022 fiscal year budget is $26.1 million, […]
Tax collector will list delinquent property owners in Observer
April 7. Sunday is the day of reckoning for more than 44,000 Mecklenburg County property owners who have not paid their 2021 real and personal property tax bills. Their names and the principal amount they owe will be published in The Charlotte Observer. In the spirit of customer service [with sarcasm] bills paid after Feb. […]
With revaluation under way, look for ‘significant’ increases
April 5. By Dave Vieser. On an evening with a light agenda, Cornelius commissioners spent much of their meeting on a detailed update from the Mecklenburg Tax Assessment Officers Office regarding property revaluations. Deputy Assessor Brad Fowler said that a team of eight county workers and a senior manager have been laser-focused on the reval […]
Reval under way: How your taxes are determined
Feb. 11. By Dave Vieser. It may not seem possible, but a county-wide property revaluation is already under way. The last reval was completed in 2018. County officials say that a property revaluation every four years is fairer to taxpayers than longer periods since it tends to eliminate dramatic increases in values. That’s precisely what […]
New survey: Mecklenburg County asks for input on budget
Nov. 17. As December approaches, Mecklenburg County is almost halfway through its $2-billion operating budget. Now the county is asking for input on the FY 2023 budget. Yes, billions of dollars are at stake. In fact, local/Cornelius property taxes make up the smaller portion of total taxes. The local tax rate (.222) on a $300,000 […]
It’s official: Local tax rate stays the same
June 23. By Dave Vieser. Cornelius taxpayers won’t see a property tax increase this coming year with the adoption this week of a $26.1 million municipal budget, and a “frozen tax rate budget” county-wide. The town tax rate will remain at .222 per $100 of assessed valuation, which will mean a $666 levy for a […]
Final hearing for town budget Monday; taxes stay the same
June 4. By Dave Vieser. A public hearing on the proposed $26.1 million Cornelius Town Budget for Fiscal Year 2021-22 will be continued Monday June 7 at Town Hall. The spending plan, if adopted, will keep the property tax rate at .222 per $100 of assessed valuation while including funds to provide raises for sworn […]
