How does revaluation affect my taxes?

Revaluation and taxation are separate. Revaluation determines the market value. The Mecklenburg Board of County Commissioners and Town of Cornelius determine tax rates during the annual budget process in late spring. Budgets will be adopted by June 30, 2019. The value of your property combined with the tax rate determines your property tax bill, which is mailed in late July. The County makes up the majority portion of the taxes you pay (76.4%), and the Town of Cornelius is the balance (23.6%). 

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1. What is revaluation?
2. How are properties assessed?
3. What is the benefit of revaluation?
4. How does revaluation affect my taxes?
5. Who assesses my property? How are they trained?
6. Is the County inflating property values to raise money?
7. Does the County only do revaluation at the peak of the market?
8. When will I get my Notice of 2019 Real Estate Assessed Value?
9. How can I find my property information?
10. What do I do if I feel like my property value is too high or too low?
11. What does the "Deferred Amount" refer to on the Notice of 2019 Real Estate Assessed Value?
12. What if my house was still under construction on Jan. 1, 2019?
13. Can property values change before the next revaluation?
14. How do I know if I should file an appeal?
15. How do I file a Formal Appeal?
16. What happens after I submit my appeal?
17. How long do informal reviews take?
18. Do I need to attend my appeal hearing?