Residents living in Mecklenburg County, NC have gone years without new assessments and property taxes. This certainly is not a good time to be raising anyone's taxes but they are coming.
I still believe that North Carolina is still a very affordable place to live. I have clients who live in New Jersey and pay close to $8000/year for a 1200 sq ft home. On my home in Huntersville NC which is in Mecklenburg County I pay just over $3000/year. I am very comfortable to be paying that amount for the tremendous schools, parks and other amenities in the north Charlotte area.
Mecklenburg County commissioners will soon debate where to set next year's property tax rate. Some residents say the rate should be lowered by five pennies to the so-called "revenue-neutral" rate to reflect the overall rise in property values, while others have said they'd be willing to keep the current rate of 83.87 cents per $100 of valuation to help raise more money for services like schools. Commissioners may also pick a different number.
This searchable database shows what your potential county tax bill could be in 2011-12 based on the original property values sent out this spring, the current estimate of the revenue-neutral rate and the current levy. It estimates only the county portion of your bill, and doesn't include any taxes owed to a city or town. Go to the link below and fill out the form. It will calculate your new tax rate.
http://www.charlotteobserver.com/2011/05/12/2291858/tax-rate-database.html
Mike Carpino
Mike@LakeAndTown.com
704-301-9264
