Guilford County’s property tax price remained the identical this yr, however nearly everybody’s taxes went up quite a bit anyway because the Tax Division’s five-year countywide property revaluation occurred to fall in a yr when housing costs are sky excessive.
Meaning lots of people will get some sticker shock this yr – and it additionally signifies that those that are in significantly tough monetary conditions might have much more hassle paying.
Nonetheless, Guilford County authorities needs individuals to know that there are alternatives for these in some particular conditions who’re really unable to pay the massive tax improve. There are a number of property tax reduction packages out there in Guilford County – and throughout the state – that assist sure challenged residents with their tax payments.
These packages might both decrease the property tax invoice or assist pay the taxes due.
The assistance is aimed toward these similar to disabled veterans, financially challenged aged individuals and the single surviving spouses of veterans with a incapacity.
The Guilford County Tax Division will work with individuals in different methods as nicely if the property proprietor can exhibit an incapacity to pay to the invoice on a major residence.
Those that need assistance can go to taxrelief.guilfordcountync.gov to seek out out in the event that they qualify, and, if that’s the case, to submit an software.
One program, as an example, excludes from taxation the higher of the primary $25,000 or 50 % of the appraised worth of a house.
The packages often apply solely to the everlasting residences of qualifying homeowners.
Over time Guilford County Tax Director ben Chavis has harassed the truth that excessive assortment charges – like those the Guilford County Tax Division obtain yearly– are what makes the tax system honest and equitable.
Regardless of that objective, state and county tax officers concede that there are some very particular circumstances through which partial funds, cost plans or backed funds are wanted.