property taxes
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 […]
Town budget draft: Local property taxes stay the same
May. 18. By Dave Vieser. Next year’s proposed town budget, which totals $26.1 million, will keep the property tax rate at .222 per $100 of assessed valuation while including funds to provide raises for sworn police officers, merit increases for other town employees and continue funding for six full-time firefighters. A public hearing on the […]
