Stop Annexation: Recent Comments

Comment on stop ALL NC annexations

Doug Aitken — Sat, 24 May 2008 19:36:25 GMT

we absolutly must change the law, which is the source of all these bad annexations. No change to the law, means a continuation of abuse, not just here, but all over the state. Join with StopNCAnnexation and the Fair Annexation Coalition to support reform at our big Rally Day across from the Legislative Building on June 4, starting at 1:00 p.m. Hope to see you there,

Doug Aitken
Fair Annexation Coalition
www.fairannexation.com

Comment on stop ALL NC annexations

Cathy Heath — Sat, 24 May 2008 18:13:46 GMT

Please help the Statewide effort to get meaningful reform of forced annexation.

Come to Raleigh for the afternoon of June 4th to add your voice to a gathering of people from across NC while we show our Legislators how the people feel about changing the law.

Get details at the StopNCAnnexation website.
Thank you!

Comment on WE WON!!!!

Larry Wright — Mon, 28 Apr 2008 14:48:42 GMT

Congratulations on your win. We won in Salisbury on April 15.

Larry Wright

Comment on your impact

Heather Armstrong — Thu, 21 Feb 2008 12:30:57 GMT

This will impact your vehicles too! You'll pay city taxes on top of the county taxes you already pay, plus a $10 privilege fee for registering your car in the City of Greensboro.

Here's a website with more information (including the City tax rates) about annexation: http://www.greensboro-nc.gov/residents/annexation/faq.htm

Comment on your impact

Heather Armstrong — Thu, 21 Feb 2008 12:32:36 GMT

It's not just that your taxes will go up every year. The first year after annexation the impact will be even greater. Many of us have mortgages that accrue each month for taxes. In other words, the mortgage company pays your taxes from escrow, and if you're expecting to pay $1200 a year, you're putting $100 each month into escrow for that bill. Every year, the company does an analysis to be sure you're putting enough in. The first bill after annexation will suddenly find you with a deficit that you have to cover.

Suppose your bill goes from $1200 a year to $2400. If annexation occurs, your company will pay a $2400 bill in August 2008 instead of the expected $1200. You now have a $1200 deficit in your account. At that point you have two choices: 1) Pay the difference immediately, or 2) Spread out the difference over the NEXT 12 months (into 2009). But remember, the next year your mortgage payment will already be recalculated for the new $2400 tax amount! So, if you can't immediately pay the $1200 difference for 2008 taxes, in 2009 your mortgage payment will increase by $200 a month ($100 a month for the extra $1200 due in 2009 and $100 for the $1200 deficit in 2008). Of course in 2010 that 2008 $100/month ends, but is that an increase you want to be shouldering next year?

This is the way my mortgage works (I confirmed it last night with Chase), and I'm sure it's true for many of yours as well. Keep this in mind as you talk to the city council members. Year 1 taxes will be an even heavier burden than you may believe now.