County collects $44.8 million budget surplus - | WBTV Charlotte

County collects $44.8 million budget surplus

CHARLOTTE, NC (WBTV) - Mecklenburg County officials say they have more cash for the next budget year - almost $50 million more - than they thought they would, and they attribute several reasons.

Foremost, they point to property taxes. The 2011 revaluation caused rates to soar, but so did complaints.  A total of 10,075 property owners appealed their revaluations.  However, fewer than even the county expected won those appeals over the course of the year.  Just under 4,000 property owners won decreases.

Of the $44.8 million surplus, $27 million can be attributed to property tax funds the county just wasn't anticipating.  So how did officials get the rest of the extra money? They say the pace of the recovery surprised them.

Mecklenburg's Tax Assessor tells us more people are shopping, so the county collected more with sales tax than it expected. He also said there's been a solid uptick in construction, more buying and selling of business equipment, more registered vehicles.  Officials were even surprised by the continued population growth.  Mecklenburg's tax base grew more than forecasted.

  • Local NewsMore>>

  • Two face child abuse charges

    Two face child abuse charges

    Monday, December 11 2017 8:29 AM EST2017-12-11 13:29:58 GMT
    (Rowan Sheriff's Office)(Rowan Sheriff's Office)

    A Kannapolis woman has been charged with child abuse by deputies. Lisa Marie Pitz, 26, was arrested on Sunday night in the 1100 block of West C Street in Kannapolis. 

    More >>

    A Kannapolis woman has been charged with child abuse by deputies. Lisa Marie Pitz, 26, was arrested on Sunday night in the 1100 block of West C Street in Kannapolis. 

    More >>
  • Police: Man crashes in front of middle school after driving over 100 mph

    Police: Man crashes in front of middle school after driving over 100 mph

    Monday, December 11 2017 8:23 AM EST2017-12-11 13:23:57 GMT
    Caroline Hicks | WBTVCaroline Hicks | WBTV

    According to officials with Charlotte-Mecklenburg Schools, Crestdale Middle will remain open for students and staff Monday. School officials are asking parents to use Highway 51 as a detour to get to the school. 

    More >>

    According to officials with Charlotte-Mecklenburg Schools, Crestdale Middle will remain open for students and staff Monday. School officials are asking parents to use Highway 51 as a detour to get to the school. 

    More >>
  • School closings, delays announced due to weather

    School closings, delays announced due to weather

    Monday, December 11 2017 7:01 AM EST2017-12-11 12:01:04 GMT

    Some North Carolina counties have delayed school for students Monday due to the weather. 

    More >>

    Some North Carolina counties have delayed school for students Monday due to the weather. 

    More >>
Powered by Frankly