property taxes
Taxes: County, town set budgets for FY2026
June 4. By Dave Yochum. The Board of County Commissioners has adopted a $2.5 billion operating budget, with a property tax rate of 49.27 cents per $100 of assessed valuation. Along with the Town of Cornelius budget of $39.4 million, it means the total property tax on a $500,000 home in Corneliuswould be $3,328.50. Highlights […]
Town Board formally OKs $39.4 million budget
June 3. By Dave Vieser. It’s official. There will be no tax town tax increase next year in Cornelius. At Monday evenings town board meeting, the commissioners unanimously approved the proposed $39.4 million 2026 Cornelius town budget. The town tax rate will remain flat at 17.31 cents per $100 valuation. That amounts to approximately $865 […]
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 […]
