u/aenbrnood

▲ 5 r/gso

Expect a broad property tax increase for residential properties in Guilford County; It's already baked in

Even if 2026's revaluation is “revenue neutral,” with an average property increase of ~42.5%, the typical homeowner (median) saw ~59.7% increases while commercial property only rose ~22.7%, so the commercial share of the tax base is going to drop from ~35% to ~29%.

The math points to roughly a ~10-12% increase for a typical residential property, with even bigger increases for homes that rose more than average, most of which are on the lower value end.

Spoke to Skip Alston, the county manager and the tax director Thursday before the Commissioners meeting. Skip said he definitely wants more than revenue neutral, so it's going to be a lot bigger than ~10-12%.

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u/aenbrnood — 3 days ago
▲ 48 r/gso

Guilford County’s Executive Compensation Climbed Substantially Since 2017-2018; Before taxes go up, county leaders should cut waste, rein in abuse and prove they’ve squeezed every efficiency out of the budget.

u/aenbrnood — 5 days ago