May 16 2007

Mecklenburg County Property Tax Increase?

Published by Sam at 7:37 pm under Greater Charlotte, Taxes

Mecklenburg County’s property tax rate would increase if county commissioners approve the $1.46 billion budget proposed by County Manager Harry Jones Tuesday night.

The proposed budget would raise the tax rate by 3.25 cents for most county taxpayers. That would mean a $65 annual increase in the tax bill for a home with a tax valuation of $200,000.

Charlotte Observer

With Mecklenburg County growing by leaps and bounds you have to wonder why all the new tax revenue coming in from new businesses and residents aren’t enough to meet the county budget.

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