We've heard some questions about the Wilson County tax revaluation and how it may affect tax bills next budget year. Wilson County provided the information below to explain a bit more about how the revaluation may affect you. The city tax rate will be set as part of the annual budget process that begins in May 2024.
For now, the county has provided answers to some commonly asked questions and concerns.
• The revaluation is a statutory requirement that must be completed in all 100 counties in North Carolina. The goal of a revaluation is to appraise all property at its current market value so that each property is only assessed at its fair share of the tax burden.
• The revaluation notice that you received is NOT a bill. Property tax rates will not be set until around May/June 2024. Therefore, we cannot predict what your new tax bill will be in August.
• Typically, your tax bill will not increase at the same percentage as your assessment.
• Wilson County revaluates all real property on an eight-year cycle. The last time we revaluated all real property countywide was in January 2016. In addition, the county has gone 16 years without an increase in tax rate.
• North Carolina has seen an increase in real property valuations over the last few years due to the overall growth in population. North Carolina is one of the fastest growing states by population over the last few years.
• There are several types of appeals: informal review, formal appeal, state level (Property Tax Commission), and in some cases, Appeals Courts and Supreme Court. We want to work with as many people as possible on the local level to ensure equity across the board. If you have an issue with your valuation, every owner has the right to request a review of their property records. The review process for 2024 is limited to the following time periods:
- Informal Reviews: March 8, 2024 - April 4, 2024, at 11:59 p.m.
- Formal Appeals: April 5, 2024 - May 16, 2024, at 11:59 p.m.
To learn more about the appeal process, click on the button below.
In addition, the Tax Department is holding a public meetings to learn more about the revaluation process. The meeting will be March 19 from 6:00-7:30 p.m. at Hunt High School Auditorium, 4559 Lamm Rd, Wilson, NC
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