January 10, 2003
WHAT: Presentation of 2003 Revaluation Data
WHEN: Tuesday, January 14, 2003 - 3 p.m.
WHERE: Charlotte-Mecklenburg Government Center, 600 East 4th Street - Room 267 (second floor)
WHO: Mecklenburg Board of County Commissioners, John Petoskey, Property Assessment & Land Records Management
WHY: John Petoskey, director of Mecklenburg County's Office of Property Assessment and Land Records Management, will present 2003 revaluation data to the Board of County Commissioners and update the Board on the public notice process. Revaluation notices for single family residences will be mailed to property owners beginning January 17. Notices for commercial and multi-family properties will be mailed within 60 days. The data will also be available online at this Web site beginning January 21, utilizing the County's new tax information and GIS mapping web applications.
Mecklenburg County's Office of Property Assessment and Land Records Management has spent much of the past year analyzing all property, readjusting values for tax purposes. The new values will take effect in the 2003 tax billing. Mecklenburg County last conducted revaluation in 1998, which means property taxes are currently based on values more than four years old. North Carolina law requires that revaluation must be conducted at least every eight years.