County, towns focus on revaluation
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Saturday, Feb. 01, 2014

County, towns focus on revaluation

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    For more information about when to expect your property to be reviewed and other property tax related information visit www.charmeck.org then select Departments, Tax Assessment.

Mecklenburg County Tax Assessor Kenneth Joyner has pledged his department’s support to all the Mecklenburg towns as they start work on the 2014-2015 budget.

Because of problems with the 2011 countywide revaluation, municipalities across the county will have a tougher time estimating the tax revenue they should receive.

Joyner spoke to Matthews town officials on Jan. 27 about estimating tax revenue. Joyner said he already had met with Mint Hill officials and plans to soon meet with leaders of Pineville.

Joyner said his staff will work with local governments to help them figure their potential tax revenues as accurately as possible.

“Our office annually works with local governments to determine what their assessed valuations will be. This year we will pay extra attention and work with them as closely as possible to help them determine an accurate figure,” Joyner said.

The 2011 revaluation resulted in more than 40,000 appeals after many people raised concerns that their adjusted property tax values were too high.

Last year, the North Carolina General Assembly passed a law that said all revaluations in Mecklenburg County should be reviewed.

That process started last fall with the county contracting with Pearson Appraisal Company to review each of the approximately 356,000 revaluations and revise them if necessary.

Pearson Appraisal started the review process in the northern part of the county and is working its way south.

Tax office staff are conducting inspections of each parcel from the road. For parcels they determine to need closer inspection, they will come back at another time to walk the property.

Plans call for Pearson Appraisal to reach Mint Hill beginning in late July, and the majority of Pineville and Matthews beginning in September.

Though the process is now in full swing, Joyner said it won’t be complete until February 2015.

This means that projected tax revenue used by the county and municipalities for budget projections may be less accurate than normal.

Some towns will likely have to refund some of the property tax revenue collected over the past three years, but others properties might recieve a bill.

“The way the statute was written, refunds will be issued when there is a reduction in assessed value. If there is an increase is assessed value, a bill will be issued for the amount over and above what was originally paid,” Joyner said. “The statue waives the 10 percent penalty on discovery that is applied in normal situations.”

Joyner said if the property value changes, the owner should get a notification in the mail. They then have one month to appeal the new value.

Melinda Johnston is a freelance writer. Have a story idea for Melinda? Email her at m.johnston@carolina.rr.com.

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