PROPERTY TAX LISTING NOTICE
LIST PROPERTY DURING THE 2014 LISTING PERIOD
North Carolina General Statute 105-308 requires every person who owns any taxable property to list the property with the Assessor during the annual listing period. NCGS 105-307 provides that the listing shall begin on the first business day in January and shall end on January 31, 2014. Any property which is not listed or listed after the required period shall be subject to the mandatory listing penalty equal to 10% of the tax due. The willful failure to list is a Class 2 misdemeanor.
Individual extensions may be granted upon written request and for good cause shown, provided the request is submitted during the regular listing period. The listing extension shall not exceed April 15, 2014. Requests submitted after the close of the listing period cannot be granted.
PROPERTY TO BE LISTED
THE ASSESSMENT DATE FOR PROPERTY OWNERSHIP IS JANUARY 1, 2014. PROPERTY TO BE LISTED INCLUDES ITEMS SUCH AS: BUSINESS PERSONAL PROPERTY, WATERCRAFT, BOAT MOTORS, AIR-CRAFT, MOBILE HOMES, UNLICENSED (UNTAGGED) VEHICLES AND MULTI-YEAR TAGGED TRAILERS.
All currently tagged motor vehicles do not need to be listed for property taxes. The North Carolina General Assembly recently passed a new law in order to create a combined motor vehicle registration renewal and property tax collection system (Tag & Tax System). This system has been designed as a convenient way to pay annual motor vehicle tax renewals and the vehicle property tax together.
ALL FARM EQUIPMENT USED FOR PRODUCING AGRICULTURAL PRODUCTS FOR INCOME MUST BE LISTED. IF YOU ARE RECEIVING PRESENT USE VALUE BENEFITS AND FARM YOUR OWN LAND YOU MUST LIST YOUR FARM EQUIPMENT.
IF YOU HAVE MADE ANY IMPROVEMENTS OR NEW CONSTRUCTION THAT HAS NOT BEEN PREVIOUSLY LISTED YOU ARE REQUIRED BY LAW TO LIST CHANGES TO YOUR REAL PROPERTY.
GENERAL EXEMPTIONS AND EXCLUSIONS
Any taxpayer claiming exemption must apply annually for any new acquisitions, or notify the County of any changes in use or ownership. Any existing exempt property will not need reapplication. New applications or revised applications must be filed during the regular listing period.
Property Tax Relief for the Elderly and Disabled
Permanent North Carolina residents 65 years old or older or those totally & permanently disabled as of January 1, 2014 with a 2013 income between $0 and $28,600 may be eligible for property tax relief through the Homestead Exclusion Program or through the Circuit Breaker Tax Deferral Program (which must be applied for annually) if 2013 income did not exceed $42,900. For married applicants residing with their spouses, the income of both spouses must be included, whether or not the property is in both names.
The application deadline for the Homestead Exclusion and the Circuit Breaker Programs is June 1, 2014
Certain discharged veterans with a permanent and service connected disability (or surviving un-remarried spouse) or veteran receiving benefits for specially adaptive housing under 38 U.S.C. § 2101 are entitled to an exclusion of up to $45,000 in assessed value.
PRESENT USE VALUE ASSESSMENT
Applications for the Present Use Value Assessment Programs must be filed during the month of January, or within thirty (30) days of a change in value notice. New applications are required when changes occur to property, to the use of the property or when new property is added to the program. The property owner must report any changes that may affect eligibility of the property during the January listing period following the change. The failure to report those changes may result in penalties in addition to the deferred taxes becoming due and payable. By law, certain applications are reviewed each year for compliance.
THURSDAY, JANUARY 2, 2014 – FRIDAY, JANUARY 31, 2014
THIS OFFICE WILL BE CLOSED ON WEDNESDAY, JANUARY 1ST FOR NEW YEAR’S DAY
AND MONDAY, JANUARY 20TH FOR MLK DAY
OFFICE HOURS: MONDAY—FRIDAY (8:00 AM – 5:00 PM)
OFFICE LOCATION: 135 EAST WATER STREET, STATESVILLE, NC
EXEMPTION INFORMATION PHONE 704-878-3013
PRESENT USE INFORMATION PHONE 704-878-3123
BUSINESS PERSONAL PROPERTY INFORMATION PHONE 704-928-2049
PERSONAL PROPERTY INFORMATION PHONE 704-878-3010
REAL PROPERTY INFORMATION PHONE 704-878-5368
N.C. Foreclosure Prevention Fund
The N.C. Foreclosure Prevention Fund can pay the mortgage for up to 3 years ($36,000) for qualified North Carolina homeowners who have lost their jobs, are returning veterans, or are recovering from a temporary hardship such as divorce or illness while they look for work or complete job training. Assistance is provided by the N.C. Housing Finance Agency, a self-supporting state agency, using funds from the U.S. Treasury.