property taxes
New budget and tax rate shaping up for 2026 fiscal year
May 19. By Dave Vieser. Tonight will be the first time residents have an opportunity to tell commissioners what they think about the proposed $39.4 million 2026 Cornelius town budget. First blush shows some good news for taxpayers: The tax rate would stay 17.31 cents per $100 valuation. That amounts to approximately $865 in local […]
Meck County manager’s proposed budget includes .96 cent increase in tax rate
May 15. By Dave Yochum. Mecklenburg County Manager Dena R. Diorio is proposing a $2.5 billion budget with a 1.6%, or $39 million, increase over the current budget which ends June 30. It would mean a county tax rate of 49.27 cents per $100 of assessed valuation, or a 0.96-cent increase in the county tax […]
Town budget proposal would leave tax rate the same
May 6. By Dave Vieser. Town Manager Andrew Grant’s proposed $39.4 million budget for fiscal year 2026 would, if approved, retain the same property tax rate—17.31 cents per $100 assessed value—for another year. The town budget comprises about a third of a typical property owner’s tax bill, with the remainder due Mecklenburg County. Impact For […]
Town manager will present budget proposal at tonight’s commission meeting
May 5. Cornelius Town Manager Andrew Grant will unveil his proposed budget for fiscal year 2026 at this evening’s Town Board meeting. Following his presentation, a public hearing on the budget will be opened, and continued on May 19 and possibly June 2. The budget must be adopted by June 30, and will go into […]
It’s a taxing time of year, but tax relief programs can help
Feb. 3. Mecklenburg County citizens who think they might qualify for a break on their property taxes should apply now. North Carolina and Mecklenburg County offer several relief programs for residents and businesses. Qualifying residents might include senior citizens on a fixed income, a disabled resident unable to work, or a veteran living in a […]
You and your money: Speak up about town, county spending at public hearings
Jan. 28. This is the time of year when local governments dig into the next fiscal year’s spending plans, which must be approved and in place by June 30. As local and county boards craft next year’s budget, residents can speak out on the programs and services that are most important to them. Mecklenburg County […]
It was inevitable: Tax bills going out
July 29. Mecklenburg County will mail 2024 bills for real property, individual personal property, and business personal property taxes by July 31. Bills are due Sept. 1, and must be paid by Jan. 6, 2025, to avoid interest. The 2025 property tax bill on a Cornelius home valued at $500,000 will be $3,281. Details —The […]
A look at the $2.5 billion FY25 county budget
June 5. The new Mecklenburg County FY2025 operating budget totals $2.5 billion, an increase of $140 million or 5.9% over the current FY2024 operating budget. The budget sets a county property tax rate of 48.31 cents per $100 of assessed valuation. Broad goals —Fund programs and services that align with the Board’s priorities, including early […]
It’s official: The total property tax bill on a $500K home will be $3,281
June 5. By Dave Vieser. Property taxes for Cornelius property owners will go up next year because Mecklenburg County commissioners voted Tuesday evening to increase the county tax rate by one cent. What does all this mean for the average homeowner? The 2025 property tax bill on a Cornelius home valued at $500,000 will be […]
Tax rate will stay flat at 17.31 cents per $100 of valuation
May 21. By Dave Vieser. At their Monday May 20 meeting, the Cornelius Town Board unanimously approved the proposed 2025 fiscal year budget which will keep property taxes at the current rate. The town tax rate will remain steady, at 17.31 cents per $100 of assessed value. For a home assessed at $500,000, that amounts […]
