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property taxes

This tag is associated with 38 posts
Revaluations: Get ready for it

New property valuations show wide range of increases

March 17. By Dave Yochum. Mecklenburg residents can check their mailbox or look online for 2023 property revaluation notice. It could be a shocker. Some of the Cornelius addresses we checked randomly this morning showed increases in assessments of more than 150 percent. Out of 10 we checked, however, five showed increases of 60 percent […]

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Brace yourself: New property valuations come out March 17

March 14. By Dave Vieser. Looking to celebrate St Patricks Day in a special way? How about learning the new value of your property according to the county! March 17 is indeed the day new revaluation notices will be mailed to all owners of property in Mecklenburg County. What’s it all about? Revaluation is the […]

Photo by Jason Benavides

Budget season begins

Feb. 13. By Dave Yochum. A Town Board budget planning meeting held last week in the new Cain Center board room with the mayor, commissioners and department heads surfaced a wide range of pressing needs, all in the context of budget limitations and the possibility of a recession. Come budget season, the town faces capital […]

Budget planning meeting will be held Thursday

Feb. 6. By Dave Vieser. The game plan is similar to last year, but the venue is quite different. The Cornelius Town Board will conduct a special meeting to discuss planning for the 2024 fiscal year budget at the Cain Center for the Arts. Last year’s session was held at Mt. Zion United Methodist Church. […]

Tax assessments in balance

County assessor re-reviewing assessments; how to appeal

Nov. 17. By Dave Yochum. With new property tax assessments expected to come out in March of next year—three months later than planned—the Mecklenburg County Assessor is continuing to monitor home prices as the market adjusts to higher interest rates. It means that the 49 percent increase in values over the past four years could […]

Revaluations: Get ready for it

County tax assessor will update town boards in November, December

Oct. 31. By Dave Yochum. The County Assessor’s Office will present an update to the Cornelius Town Board on Monday Nov. 7 during the regular Board of Commissioners meeting. Revaluation is the process by which Mecklenburg County revalues all property (land and buildings) to its current market value as of an established date, in this […]

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The tax bill cometh next week

July 22. By Dave Vieser. The last tax bills based on current property values in Mecklenburg County will be mailed next week. The bills, which will include both county and town taxes, are due Sept. 1 Interest will accrue on unpaid bills beginning Jan. 5, 2023. Meanwhile, the county is completing a new revaluation of […]

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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 […]

Photo by Jason Benavides

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 […]

Photo by Jason Benavides

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 […]