Your SlideShare is downloading. ×
Budget info
Budget info
Budget info
Budget info
Budget info
Budget info
Budget info
Budget info
Budget info
Budget info
Budget info
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

Budget info

273

Published on

Items of interest about Mecklenburg budgets

Items of interest about Mecklenburg budgets

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
273
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
3
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. FY 2010 - 2011Property TaxesOffice of the Tax CollectorMecklenburg County, NC Mecklenburg Charlotte Cornelius Davidson Huntersville Matthews Mint Hill Pineville
  • 2. What do property taxes pay for? FY 2010-2011 Mecklenburg County Budget in BriefWhen you call the police or fire department, play in a park, send your children to public school,check out a book at the library, or eat at an inspected restaurant, you are using services paidfor by your property taxes. Your taxes also pay for services to help people move from welfare to Where the Money Comes Fromwork, protect children and senior citizens from abuse and neglect, protect our water and air frompollution, repair and build roads, and much more. Property taxes are the largest source of revenue Law Enforcement Service District Tax Licenses & Permitsthat fund these services you count on every day. For more information about Mecklenburg County’s $12,495,927 - 1% $13,271,264 - 1%budget and services funded by your property taxes, visit www.MecklenburgCountyNC.gov. Other Revenue Investment Income $20,716,976 - 2% $2,940,000 - 0.5% Fund Balance Local ABC Pro tsWhat property is taxed? $22,700,000 - 2% $2,477,500 - 0.5% www.MecklenburgCountyNC.govProperty taxes are levied on real property (land and buildings), business personal property, Fees & Chargesregistered motor vehicles, boats, trailers, and income-producing personal property. You pay taxes $86,875,268 - 6% FY2011 Mecklenburgto Mecklenburg County and the municipality in which you live. If you live in Charlotte, Cornelius, County Tax Rate: $0.8387 per $100 of assessedDavidson, Huntersville, Matthews, Mint Hill, or Pineville, you receive one tax bill for both county Sales Tax value ($1.0433 combinedand municipal taxes. If you live in Stallings, you will receive a bill from the County and a bill from $170,040,000 - 12% with Law Enforcementthe town. Property owners in unincorporated Mecklenburg County pay additional taxes for their Services District Tax forshare of police services through the Law Enforcement Service District Tax. Unincorporated Areas). Federal & State $180,179,717 - 13% Total Revenue:How much will I pay in taxes? Property Taxes $1,349,491,014 $837,794,362 - 62%The amount of property tax you pay is based on the assessed value of your property. The TaxAssessor determines the value of all taxable property by the first of each year. The tax you payis based on that value and the tax rate established by the elected city, county, or town officials.(Multiply the tax rate by each $100 of assessed value). For example, the tax bill for a home assessed How the Money is Usedat $200,000 in value is $1,677.40 for County taxes and $917.20 for Charlotte taxes. CMS Operating $302,250,000 22% Community Health & Safety 295,531,871 21%What is the solid waste fee on my tax bill? CMS Debt Service 166,818,593 12%Owners of residential properties within Mecklenburg County, pay a County solid waste fee of $15 E ective & E cient Government 155,363,625 12%per residence, which funds recycling and waste reduction programs. Residential properties withinthe City of Charlotte and Huntersville are subject to both a County and City solid waste fee. The Social, Education & Economic 146,051,389 11%Charlotte fee, which funds the disposal cost of trash collected in Charlotte, is $45 per single-family Sustainable Community 120,505,351 9%residence and $27 per multiple-family residence. The Huntersville fee is $54.00. Effective July 1, 2010,the Davidson fee is $201.00 for single-family residence and up to $85.00 for multiple-family residence. General Debt Service 87,916,323 7% CPCC Operating 23,900,000 2% Pay-as-You-Go 29,337,750 2%How do I change my address on my tax bill? CMS Capital Replacement 4,960,000 1%To change your mailing address for real estate tax bills, please visit www.MecklenburgCountyNC.govand click on Departments, Tax Collections to access the change instructions. For all registered motor CPCC Debt Service 16,856,112 1%vehicle tax bills, contact the Division of Motor Vehicles (DMV). Address information for registeredmotor vehicles comes directly from the DMV. Please change your address within their offices, and TOTALS $1,349,491,014they will send the corrected address information to the Tax Assessor’s Office the next time you renewyour license tag. For more details about the FY2011 budget go to www.MecklenburgCountyNC.gov
  • 3. FY 2010-2011 City of Charlotte Budget in Brief FY 2010-2011 Town of Cornelius Budget in BriefWhere the Money Comes From Where the Money Comes From User Fees & Storm Water Powell Bill Other Revenue Other Revenue $57,897,902 - 2% $592,000 - 3% $352,000 - 2% $128,495,699 - 8% Other Taxes Grants & $681,412 - 3% Investments Bonds $163,760,000 - 10% $203,000 - 1% Property & www.charmeck.org Charges for www.cornelius.org Other Taxes Services & Fees Public Transit $523,155,025 - 32% $1,578,000 - 8% $182,394,695 - 11% FY2011 City of FY2011 Cornelius Tax Rate: Charlotte Tax Rate: $0.275 per $100 of assessed Appropriated $0.4586 per $100 of Fund Balance value ($1.1137 combined with assessed value ($1.2973 $2,344,500 - 12% Mecklenburg County rate). Aviation Water & Sewer combined with Property Taxes$291,454,341 - 18% $312,131,539 - 19% Mecklenburg County rate) $10,776,000 - 53% Shared Revenue Total Revenue: $3,671,000 - 18% $20,197,912 Total Revenue: $1,659,289,201How the Money is Used How the Money is UsedPublic Works $342,338,781 21% Police & Public Safety $5,541,966 27%Public Safety 340,432,626 20% Debt Service & Capital Projects 3,362,864 17%Water & Sewer 312,131,539 19% Fire & Public Works 2,443,859 12%Aviation 291,454,341 18% Transfer to Capital Reserve 2,000,000 9%Public Transit 182,394,695 11% Solid Waste & Sanitation 1,851,210 9%Economic Development 76,845,764 5% Administration & General Government 1,609,262 8%Storm Water 57,897,902 3% Parks & Recreation 1,333,795 7%General Government 55,793,553 3% Tourism & Culture 672,379 3% Planning 617,493 3%TOTALS $1,659,289,201 Powell Bill 533,752 3%Tax Rate Breakdown: Municipal Tax Districts: Storm Water 162,000 1%General Fund $0.3773 District 1 Tax Rate $.0174 1% Governing Board 69,332Debt Payments $0.0687 District 2 Tax Rate $.0413Pay-as-You-Go $0.0126 District 3 Tax Rate $.056 TOTALS $20,197,912TOTALS $0.4586 District 4 Tax Rate $.0668 District 5 Tax Rate $.0300 (The tax rate for districts 2 and 3 include the tax rate for district 1.)
  • 4. FY 2010-2011 Town of Davidson Budget in Brief FY 2010-2011 Town of Huntersville Budget in BriefWhere the Money Comes From Where the Money Comes From Powell Bill Other Revenue Powell Bill Storm Water $250,170 - 3% $55,000 - 1% $1,000,000 - 4% $700,000 - 3% Fund Balance Grants, Loans, Other Revenue Grants & Loans Appropriated & Interest $1,291,732 - 5% $314,000 - 1% $804,179 - 8% $24,960 - 1% www.ci.davidson.nc.us www.huntersville.org Charges for Services & Fees FY2011 Davidson $1,373,499 - 6% FY2011 Huntersville Charges for Services & Fees Tax Rate: Tax Rate:$1,406,895 - 14% $0.365 per $100 of assessed $0.29 per $100 of assessed value ($1.2037 combined value ($1.1287 combined with Property & with Mecklenburg Mecklenburg County rate). Vehicle Taxes Other Taxes Property Taxes County rate). $5,040,070 - 52% $5,740,000 - 24% $13,736,700 - 57% Other Taxes$2,089,970 - 21% Total Revenue: Total Revenue: $24,155,931 $9,671,244How the Money is Used How the Money is UsedOther $2,122,204 22% Police & Public Safety $7,956,988 32%Police & Public Safety 1,578,630 16% Public Works 4,083,941 16%Parks & Recreation 1,010,545 10% Parks & Recreation 2,196,247 10%Administrative & General Government 883,915 9% Fire Rescue 1,871,285 8%Streets 855,955 9% Debt Servcies & Capital 1,867,758 8%Solid Waste 749,490 8% Administrative & General Government 1,465,915 6%Fire & Rescue 591,520 6% Tourism & Culture 1,206,677 5%Economic Development 514,670 5% Powell Bill 1,000,000 4%Storm Water 255,740 3% Planning 847,850 4%Powell Bill 250,170 3% Storm Water 700,000 3%Travel & Tourism 239,390 3% Governing Board 628,058 2%Planning 226,630 2% Streets & Transportation 183,812 1%Building & Grounds 208,805 2% Other 147,400 1%Governing Board 183,580 2% TOTALS $24,155,931TOTALS $9,671,244
  • 5. FY 2010-2011 Town of Matthews Budget in Brief FY 2010-2011 Town of Mint Hill Budget in BriefWhere the Money Comes From Where the Money Comes From Other Taxes Water & Sewer Bond Other Revenue Vehicle Fee $530,000 - 3% $522,475 - 3% $166,500 - 2% $163,000 - 2% Fund Balance Restricted Revenue Charges for $518,846 - 3% Water & Sewer Bond $99,800 - 1% Services & Fees $638,375 - 7% $538,500 - 3% Grants & Loans www.matthewsnc.com www.minthill.com $145,708 - 1% Storm Water Fund Balance $568,750 - 3% FY2011 Matthews $1,085,468 - 11% FY2011 Mint Hill Powell Bill Tax Rate: Tax Rate: $685,000 - 4% $0.3325 per $100 of $0.275 per $100 of assessed Other Revenue assessed value value ($1.1137 combined with $861,915 - 4% ($1.1712 combined with Mecklenburg County rate) Shared Revenue Property Taxes Mecklenburg County rate). $2,035,000 - 21% $5,380,000 - 56% Shared Revenue Property Taxes Total Revenue:$4,503,224 - 24% $9,749,478 - 52% Total Revenue: $9,568,143 $18,623,896How the Money is Used How the Money is UsedPolice & Public Safety $5,504,955 30% Police & Public Safety $2,743,928 28%Administrative & General Government 2,136,237 11% Solid Waste 1,830,000 19%Debt Service 1,925,348 10% Fire & Rescue 1,229,879 13%Solid Waste & Sanitation 1,843,084 10% Other 1,039,000 11%Tourism & Culture 1,548,598 8% Debt Service (including Water & Sewer) 1,095,610 11%Public Works 1,405,471 8% Administrative & General Government 551,939 6%Fire & Rescue 1,182,089 6% Planning 416,930 4%Powell Bill 1,123,489 6% Streets & Transportation 380,439 4%Storm Water 568,750 3% Parks & Recreation 243,524 3%Parks & Recreation 427,985 2% 1% Governing Board 36,894Planning 405,184 2% TOTALS $9,568,143Other 330,000 2%Governing Board 172,706 1%Economic Development 50,000 1%TOTALS $18,623,896
  • 6. FY 2010-2011 Town of Pineville Budget in BriefWhere the Money Comes From Storm Water Charges for $325,000 - 2% Services & Fees $205,000 - 1% Fund Balance Powell Bill $516,300 - 4% $164,000 - 1% Other Taxes www.pinevillenc.net$1,535,000 - 10% Grants, Loans, & Investments FY2011 Pineville $4,547,300 - 31% Tax Rate: $0.32 per $100 of assessed value ($1.1587 Other Revenue combined with$3,317,000 - 23% Mecklenburg County rate). Property Taxes $4,081,000 - 28% Total Revenue: $14,690,600How the Money is UsedTrans to Capital Projects $4,500,000 30%Public Safety 4,361,427 30%Administration & General Government 2,370,085 16%Tourism & Culture 990,000 6%Storm Water 590,700 4%Public Works 535,350 4%Powell Bill 414,600 3%Parks & Recreation 327,538 2%Sanitation 295,000 2%Planning 285,900 2%Other 20,000 1%TOTALS $14,690,600
  • 7. How do I pay my taxes?There are five ways to pay your real estate and personal property taxes. Official Payments Corporation(OPC) will charge and retain a nominal fee to process credit/debit card internet and telephone transactions.Mecklenburg County does not receive any portion of the fees associated with this service. Please referencethe Bill Number when paying tax bills.1. By Internet: Visit http://paytax.charmeck.org and use your credit/debit card or choose eCheck to have payment deducted from your checking account. Fee charged for credit/debit card transactions.2. By Telephone: Call toll-free 1-877-533-0072 and use your credit/debit card or choose eCheck to have payment deducted from your checking account. Fee charged for credit/debit card transactions.3. By Mail: Mail both the tax payment stub and check or money order to Mecklenburg County Tax Collector, PO Box 71063, Charlotte, NC 28272-1063. Make checks or money orders payable to Mecklenburg County Tax Collector.4. In Person: Robert L. (Bob) Walton Plaza at 700 East Stonewall Street. Monday-Friday between 8:00 a.m. and 5:00 p.m. (cash, check, or money order only) or West Service Area Center at 4150 Wilkinson Blvd. Monday – Friday between 8:00 a.m. and 5:00 p.m. (cash, check, or money order only)5. Online Banking: When you authorize a payment through your financial institution’s online bill payment option, the funds are sent electronically from your bank. It may take up to four business days after the date you authorized your financial institution to make the payment before it is posted to your account. The Bill Number must be present on the payment to ensure proper posting to your bill. Your payment will be rejected and returned to the financial institution if the bill number is missing or incorrect.What are the tax deadlines?Property tax payments (except registered motor vehicles) are due September 1, 2010 and must be paid byJanuary 5, 2011. If mailed, payments must be postmarked by the U.S. Postal Service (not by postage meteror overnight courier) on or before January 5, 2011 to avoid interest charges. Taxpayers whose payment isreceived on or after January 6, 2011 will be charged 2% interest for January and an additional 3/4% interestfor each month thereafter until paid. Unpaid taxes (except registered motor vehicles) as of January 6, 2011may be advertised in a local newspaper as being delinquent and an additional fee for advertising will beadded. Delinquent taxes are subject to garnishment, levy (seizure), and foreclosure. A $25.00 fee or 10% ofthe check, whichever is greater, with a maximum of $1,000.00, will be charged for returned checks.Still have questions?• Visit our Web site at http://tax.charmeck.org.• Contact the CharMeck Call Center by dialing 311 if calling within Mecklenburg County or 704-336-7600 for calls originating outside of Mecklenburg County.• To learn more about Mecklenburg County and the services provided, log on to www.MecklenburgCountyNC.gov.
  • 8. ! Resources – page 6 (v20) !How Things Work ! www.crossroadscharlotte.org! !
  • 9. ! Resources – page 12 (v20) ! City of Charlotte Budget Calendar for FY2012-FY2013Date Time Location PurposeMarch 2, 2011 3:00 p.m. – 6:00 p.m. Room 267 Budget RetreatMarch 23, 2011 3:00 p.m. – 5:00 p.m. Room 267 Budget Retreat (MTC begins at 5:30)April 13, 2011 3:00 p.m. – 6:00 p.m. Room 267 Budget RetreatMay 9, 2011 4:00 p.m. Council Recommended Budget Presentation Chamber (televised)May 18, 2011 3:00 p.m. – 6:00 p.m. Room 267 1. Council makes adjustments to Manager’s recommended budget. Adjustments receiving 5 or more votes move on to June st 1 2. Council may refer alternative budget proposals to the Budget Committee for recommendation prior to straw votesMay 23, 2011 7:00 p.m. Council Public Hearing on the recommended budget Chamber (including storm water) (televised)June 1, 2011 12:00 p.m. – 4:00 p.m. Room 267 Lunch and adjustments/straw votes on May th 18 budget adjustments. Changes receiving 6 or more votes are included in the budget th ordinance for final vote on June 13June 13, 2011 7:00 p.m. Council Budget Adoption Chamber (televised) Source: http://charmeck.org/city/charlotte/Budget/Pages/default.aspx www.crossroadscharlotte.org ! !
  • 10. ! Resources – page 17 (v20) !Mecklenburg County Budget UpdatesPurpose! Provide regular updates on key issues/topics of interest prior to developing the FY2012 budget! Information for the Board of County Commissioner as well as the public on important events and decisions facing the CountyDate Potential TopicsJanuary 18 · Overview of Update FrameworkJanuary 26-28 · Economic Forecast · County’s Financial Status · Critical Success Factors · Operating Budget Model; Capital Policy and Debt Service Fund · Redistricting and Federal Legislative StrategyFebruary 1 · RevaluationFebruary 15 · Service Demand Update · Service Impact of FY2011 Budget ReductionsMarch 1 · Revenue Update · Consolidation Update · OPEB UpdateMarch 15 · Revenue Update · Compensation Marketplace · County Workforce ChangesApril 5 · Impact of the State Budget on the CountyApril 19 · Revenue UpdateMay 3May 17 · Manager’s Recommended BudgetBudget/Public Policy Workshops are held monthly every second Tuesday at 3:00 p.m. inConference Center Room 267 of the CMGC (2nd floor).Source:http://charmeck.org/mecklenburg/county/BOCC/Meetings/Pages/default.aspxhttp://charmeck.org/mecklenburg/county/CountyManagersOffice/BusinessManagement/Pages/default.aspx www.crossroadscharlotte.org! !
  • 11. ! Resources – page 22 (v20) !CMS 2011 – 2012 Budget Key DatesAll meetings will be held at the Government Center, 600 East Fourth StreetBudget Work Sessions:January 25 March 22Board of Education Meeting* Board of Education Meeting*Room 267 at 6:00 pm Room 267 at 6:00 pmFebruary 15 Canceled as of Feb. 8 March 29Room 267 at 12:30 – 3:00 pm Room 267 at 12:30 – 3:00 pmMarch 15 April 27Room 267 at 12:30 – 3:00 pm Room 267 at 12:30 – 3:00 pm !* These work session will be held during regularly scheduled Board of Education meetings.Other Key Dates:April 12Board meeting at 6:00 pmSuperintendent’s budget presentation to the BoardApril 26Board meeting at 6:00 pmPublic hearing on budgetMay 10Board meeting at 6:00 pmBoard to vote on proposed budgetAll budget meetings will be televised live on CMS TV3. Video of the meetings will also beposted on the 2011-2012 Budget information section on the CMS Web site. For moreinformation visit www.cms.k12.nc.usSource: http://www.cms.k12.nc.us/MEDIAROOM/BUDGET/Pages/default.aspx! www.crossroadscharlotte.org! !

×