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Table IX
Direct and Overlapping Property Tax Rates
Fiscal Years Ended June 30, 2007-2016
Guilford County
College
Fiscal
Housing Economic
Hill
Aycock
Business
Total
Year
General
Transit
Partnership Development
Historic
Historic
Improvement
Direct
Combined
Ended
Fund
Fund
Fund
Fund
District
District
District
Rate (a)
Tax Rate
2007
$.5800
$.0350
$
$
$.0500
$.0500
$.0900
$.5989
$.6615
$1.2604
2008
.6000
.0350
.0500
.0500
.0900
.6183
.6914
1.3097
2009
.6000
.0350
.0500
.0500
.0900
.6190
.7374
1.3564
2010
.6000
.0350
.0500
.0500
.0900
.6185
.7374
1.3559
2011
.5905
.0350
.0070
.0500
.0500
.0900
.6156
.7374
1.3530
2012
.5918
.0337
.0070
.0100
.0500
.0900
.6155
.7824
1.3979
2013
.5897
.0334
.0069
.0025
.0100
.0500
.0800
.6129
.7804
1.3933
2014
.5872
.0334
.0069
.0050
.0100
.0500
.0800
.6141
.7700
1.3945
2015
.5872
.0334
.0069
.0050
.0100
.0500
.0800
.6121
.7700
1.3821
2016
.5872
.0334
.0069
.0050
.0100
.0500
.0800
.6141
.7600
1.3741
Tax Rate Limits:
The Property Tax Rate for units of local government is limited
to a combined rate of $1.50 per $100 of assessed value of property
subject to taxation. This limit may be raised if approved by voter
referendum. No limit is imposed on debt service.
Calculation (a):
Total direct tax rate is a weighted average rate of all types of City of
Greensboro tax rates based on the applicable portion of the taxable
property being assessed. Guilford County rate is a direct rate.
Due Date for Current Taxes:
September 1, other than taxes on motor vehicles which become
due when vehicles are registered (per staggered monthly registration
system). On July 1, 2013, the statewide Tag and Tax Together
system began. This requires the taxpayer to pay property tax
on a motor vehicle at the point of registration or to pay within sixty
days if the vehicle is purchased from a registered dealer.
Date Taxes Become Delinquent:
January 6
Penalty for Delinquent Taxes:
On or after January 6, and before February 1, interest at the rate of
2% is added to the tax. On or after February 1, in addition to the 2%,
interest at the rate of of 3/4% per month shall be added to the tax.
Discounts Allowed:
City of Greensboro - 1% of the tax levy for ad valorem tax paid
prior to September 1. The Discount amounted to $940,824 for
2016. In FY 2015, Guilford County reduced their discount to 0.50%.
Procedures for Collecting
Garnishment, levy, attachment and foreclosure.
Delinquent Taxes:
Sources: City of Greensboro Adopted Budget
Guilford County Adopted Budget
City of Greensboro General Levy
County-Wide
Direct Rate
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