Mecklenburg County posted new property tax valuations on Friday, continuing the reassessment process that has been underway since 2017. Property owners can expect to see an increase in both their assessed value and in their tax rate. The Matthews Board of Commissioners and the Mecklenburg County Commissioners both approved tax increases in 2018.
The County Commission increased property taxes by ¾ of a cent. Mecklenburg county’s website provides details on the FY2019 budget and a description of where the money will be allocated here. The 2019 budget was approved in June of 2018 by Commissioners Trevor Fuller, Ella Scarborough, Pat Cotham, Jim Puckett, Vilma Leake, George Dunlap, Dumont Clarke, Matthew Ridenhour, and Bill James.
Matthews approved their 2019 budget on June 11th, 2018, to include a 1.5 cent/$100 in value tax increase. Town Manager Hazen Blodgett’s budget presentation estimated the increase would raise town revenue by $525,000 based on 2011 property values. In the 2019-2020 budget, assuming the Board doesn’t approve any additional tax increase, that number will still be significantly higher. For example, a property in Matthews formerly assessed at $213,600 generated $726.24 in 2017-18 and $758.28 in 2018-19. With a new appraised value of $391,000 the property owners will see their Matthews taxes increase in 2019-20 to $1,388.
The Matthews Board of Commissioners received a presentation from County Tax Assessor Ken Joyner in October of 2017 detailing the valuation process and recommended at that time that property owners review their property information and file a dispute if necessary. The County had created a new system for disputes available through the assessors’ web page. Although the valuation process is over with the release of new values, disputes can still be filed and changes to information requested.