North Carolina Statute requires that once you have been annexed into the corporate limits of the city, taxes for the period remaining in that fiscal year are due by the taxpayer. All governmental units in North Carolina operate on a fiscal year, which is July 1 - June 30 of the following year. In addition, your property or a portion thereof now falls into two jurisdictions, those being City and County. This subjects your parcel to the individual tax rate of each jurisdiction and all the services provided by both of them. Some of the city services include water, sewer, trash collection and police protection. |