The Guilford County Tax Department will mail approximately 225,000 tax notices in mid-July and wants to ensure property owners know what to expect, key due dates, and resources available to support certain populations.
To help property owners navigate the process, the Guilford County Tax Department offered the following tips:
Tip 1: The property tax owed is based on your 2022 reappraised value. Guilford County calculates the property tax owed by using your 2022 reappraised value, which is the market value of the property as of January 1, 2022. Guilford County reappraises properties every five years, so it is likely the 2022 property tax owed will be different from previous years. For more information on reappraisals or to view your property’s 2022 reappraisal information, visit the 2022 Reappraisal website.
Tip 2: If you pay by Aug. 31, you receive a 0.5% discount for early payment. Taxes are due on Sept. 1, 2022 and the last day to pay is Jan. 5, 2023. Failure to pay property tax by Jan. 5, 2023 will result in interest beginning to accrue on the account and enforced collections may begin. Property owners who pay by Aug. 31, 2022 will receive a 0.5% discount.
Tip 3: Pay online using my.guilfordcountync.gov. Paying your taxes online is easy and instant.
- Visit my.guilfordcountync.gov or download the myGuilfordCounty app.
- Create an account or use your myNCDMV credentials to login.
- Locate your information and pay your property tax bill.
- Your account is instantly credited and you will receive confirmation that your tax bill has been paid.
Approximately 40% of Guilford County property owners pay their taxes through an escrow with their mortgage lender. For owners paying through escrow, the mortgage lender will obtain the amount due from the Tax Department. The property owner will receive a notice in the mail to inform them the lender has requested the property tax bill for payment. No further action is necessary however, according to North Carolina General Statutes, it is the taxpayer’s responsibility to ensure all taxes are paid, even when using an escrow. So, it is important to ensure timely payment is made and the information on the notice received is correct. To confirm your tax bill has been paid, visit the tax department website.
Tip 5: Property tax relief programs are available for qualifying property owners. There are three property tax relief programs available to certain North Carolina residents that can lower or help pay property tax due. The Senior and Disabled Tax Relief Program (also called the Elderly or Disabled Homestead Exclusion), the Circuit Breaker Tax Deferment Program, and the Disabled Veteran Program. If you own a home and it is your primary residence and you are either a senior earning a low-income, a person with a disability, a veteran with a disability or the unmarried surviving spouse of a veteran with a disability, you may qualify for support. Visit taxrelief.guilfordcountync.gov to find out if you qualify and to submit an application.
“The taxes paid by property owners in Guilford County are a major funding source for education in our community with about 58% of property taxes paid going to support Guilford County Schools, school facilities, and Guilford Technical Community College, and the remainder funding county services like public safety, social services, and other programs that benefit our residents,” said Ben Chavis, Guilford County Tax Director. “We want to make the process as easy and efficient as possible by providing multiple options and flexibility for making property tax payments. We encourage anyone having difficulty paying their property tax to contact our office for support.”
Property taxes make up about 64% of the revenue to Guilford County, followed by federal/state funds (12%), sales taxes (11%), user charges (6%), appropriated fund balance (i.e. annual savings – 4%), and other revenues (3%).
Property taxes are due on Sept. 1, 2022 and the last day to pay is Jan. 5, 2023.
For more information, visit www.guilfordcountync.gov/our-county/tax, email the tax department at indtax@guilfordcountync.gov, or call 336-641-3363.
Original source can be found here.
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