Property tax cut proposed in Mecklenburg Co.
CHARLOTTE, NC (WBTV)- Tuesday night, Mecklenburg County Manager Harry Jones proposed a 2.44 cent property tax decrease that would give residents the lowest tax rate in eight years.
The tax decrease is part of a budget proposal presented to county commissioners for the next fiscal year.
Jones said he was pleased to announce the tax proposal, made possible by what county leaders called conservative estimates on just how much money the county would bring in during 2012.
The property tax decrease would bring the rate down to 79.22 cents per $100 of valued property.
While many property owners will be excited about the proposal, not everyone will be happy with the overall budget.
Charlotte-Mecklenburg Schools requested a $27 million increase from the county, which would have helped pay for a three percent raise in teachers' salaries.




























