2011 Property Tax Revaluation

Google Maps

Mecklenburg County’s 2011 property tax revaluation found property values were so high—and it drew so many complaints—that state lawmakers required an outside appraiser to go back and redo it. Since then, most of the emphasis has been homeowners getting tax refunds or, more recently, the hole it’s carved in the City of Charlotte’s budget. But for a small, but sizeable, portion of county homeowners, the revaluation redo has created another big problem.


Tom Bullock / WFAE

Despite a growing economy, the city of Charlotte is facing a $21.7 million budget gap. City leaders say it’s bigger than anything they dealt with during the great recession. Tonight, City Manager Ron Carlee will lay out his plan to fill that gap when he proposes his budget before the city council.

The City of Charlotte learned this month it would receive $14 million less in property taxes than expected next year. A redo of Mecklenburg County’s flawed 2011 revaluation suddenly found property was worth much less than previously estimated. Overall, property tax value fell by $2 billion. Commercial property makes up the largest share of the dip.


Lisa Worf / WFAE

The City of Charlotte will have a lot less tax revenue to work with partly thanks to a re-do of the botched 2011 property revaluation. That came as a surprise to council members last week. They questioned the county tax assessor Thursday to find out what happened. 

Mecklenburg County hired the private firm Pearson to correct the 2011 property revaluation. Throughout the process the company told the county to plan on a smaller tax base. That tax base ended up dropping by $2 billion, way outside Pearson’s own projections.

Charlotte property owners got some good news at last night’s budget meeting—city manager Ron Carlee will not recommend a property tax increase.

“Unless I get contrary guidance from council, the budget which I will be putting together for you will not include a property tax rate change,” Carlee said.

Fuller: No Tax Hike; Calls For Poverty Task Force

Jan 30, 2014
Tasnim Shamma

Mecklenburg County Commission Chairman Trevor Fuller says he doesn't want to raise taxes this year because the county expects to see a surplus in revenue from construction and other growth.

Cannon Talks Priorities

Nov 7, 2013
Tasnim Shamma

Patrick Cannon says he's still pinching himself after realizing a life-long dream of becoming mayor of Charlotte. He held his first press conference as mayor-elect in front of the new Romare Bearden Park in uptown to highlight his goals when he takes office in December.

Some MeckCo Reval Refunds Coming 'Soon'

Jul 29, 2013
Charmeck.org

Mecklenburg County is now officially required by state law to fix its botched 2011 revaluation and start issuing property tax refunds. An outside review estimated about one-third of the county's neighborhoods were assigned unfair property values.


Revaluation Bill Passes House, Now Goes To Governor

Jul 16, 2013

The N.C. House of Representatives on Monday night gave final legislative approval to a bill that requires Mecklenburg County to redo the flawed 2011 property revaluation and issue refunds – with interest – to any property owners overcharged.

Mecklenburg County commissioners tentatively approved a new budget Tuesday night that includes an increase to the property tax rate of 2.35 cents.


Pages