• "Your Life, Your Community, Your Way"

Email To A Friend

  • submit
  • community
  • news
  • weather
  • photos
  • video
  • classifieds
  • events
  • text alerts

Wake County Story

Story Highlights
  • Property revaluation happens every four years in Chatham County.
  • Many residents are outraged at the increase in property value.
  • People can appeal the process if needed.




Residents React To Property Tax Revaluation Notice

Credit: AP Online

Tweet This! http://mync.com/site/27113/
CHATHAM COUNTY, N.C. -

Residents in Chatham County are outraged with the property value increase and the money they have to pay after receiving their property revaluation notice.

 

This is a state mandated process that happens every four years in the county, but people say they have had enough.

 

Philip Canterbury built this house 30 years ago with his own two hands. But now he fears that if he can't pay the tax increase, he may lose his home.


"How they can ask for such and outrageous amount, it's beyond me and I don't understand," Canterbury said

 

Canterbury said the revaluation increased the value of his home about $14,000.


"Welare all taking a cut, but to raise taxes at this time is frustrating and disappointing," resident Sonny Cruchfield said.

 

Sonny Cruchfield saw his property taxes increase 5 percent. Both homeowners said it's unfair to raise taxes during a poor economy.


"So if you're seeing the sales price drop because of the economy but because in this situation our sales are based on Jan. 2005 to Dec. 2008 we may not see that because the downturn of the economy was just in 2008," Chatham County Tax Administrator Tina Stone said.

 

Stone there is also a payment plans for people who can't afford to pay these taxes along with programs for the elderly and disabled veterans.

 

Canterbury said he is on a fixed income and may not qualify for the programs. But he said he will not shell out the money without a fight.

 

"I called my Congressman, I've called my Senators. It's time people stood up and said enough is enough. As for me, I'm sick of it," Canterbury said.

 

Canterbury and other home owners have 15 days to appeal after receiving the notice.

 

The next revaluation will be in 2013 and tax official said the downturn in the economy may affect values more in four years.

 

 

 

 

Post A Comment

Commenting is not available in this section entry.
Deal of the Day Coming Soon!
Follow Us!
MyNC Twitter
MyNC Facebook