Chatham Residents: Check Your DMV Bills

Chatham County residents should double check your vehicle registration renewal before sticking the check in the mail.

Some residents have received tax bills citing the incorrect county rate. Orange County’s property tax rate is 87.8 cents; Durham County’s is 79.31 cents. However, Chatham County’s rate is much lower at 62.19 cents.

Not only are you overpaying if the bill is incorrect, but the funds are going to the incorrect county.

If you received a bill from the Division of Motor Vehicles that is incorrect, you can call the DMV at 919-814-1779.

http://chapelboro.com/news/local-government/chatham-residents-check-dmv-bills/

CH Park & Ride Fees; UNC Graduation Totals; Chatham County Taxes

CHAPEL HILL – New fees on Chapel Hill’s Park and Ride lots will begin August 15.

The lots affected will be Carrboro Plaza, Eubanks, Southern Village and Jones Ferry. The rates will start at $2 for a daily rate, $21 for a monthly rate and $250 for a yearly rate.

UNC says it will be implementing its own fees for its park and ride lots at the same time, and UNC park and ride permits will be usable in town lots.

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Final graduation numbers are in as 5,845 students received a degree from UNC this year, including 1,327 master’s degrees, 679 professional degrees and 259 doctoral degrees.

8,547 UNC students were recognized on the Spring 2013 Dean’s List, which requires a minimum 3.5 GPA for 12 hours of letter-grade credit.

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Property tax bills for Chatham County residents should be arriving by at least mid-August, with the deadline to pay on January 6.

Some residents may receive real estate and personal property tax bills separately, according to the Chatham County Tax Administrator, Frances Wilson. Tax payers may appeal the personal property tax bill within 30 days of the date listed on the bill, with all residents encouraged to bring questions to 919-542-8250 or 919-542-8260.

http://chapelboro.com/news/news-around-time/ch-park-unc-graduation-totals-chatham-county-taxes/

NC Lawmakers Look to Session End After Tax Deal

RALEIGH, N.C. (AP) – North Carolina Senate Republicans want to hurry legislative activity along now that a tax overhaul is heading to Governor Pat McCrory, but House counterparts aren’t in a big rush to spend the weekend in Raleigh.

Senate Rules Committee Chairman Tom Apodaca of Hendersonville announced Wednesday debate for some bills would occur during a rare Saturday session, but he told reporters later he’s unsure what will happen.

House rules chairman Representative Tim Moore of Kings Mountain says he sees no reason to work this week beyond Thursday, as normal. He says budget negotiators can remain in Raleigh and is hopeful this year’s session can end next week.

GOP leaders want to pass voter identification legislation, stronger abortion rules and a regulatory reform package in addition to the budget before final adjournment.

http://chapelboro.com/news/state-government/nc-lawmakers-look-to-session-end-after-tax-deal/

NC House Votes to Pass Tax Cuts, Other Changes

RALEIGH, N.C. (AP) – The North Carolina legislature has started its formal approval for tax changes that Republican lawmakers and Governor Pat McCrory say will energize the state’s economy and give tax relief to residents.

The House voted 77-38 Tuesday for the tax plan after debate was cut off by Republicans after less than 30 minutes. More debate and another House vote are expected Wednesday. The Senate is likely to follow the same schedule beginning Tuesday afternoon.

The bill would reduce corporate and individual income tax rates and expand the sales tax base slightly. House Majority Leader Edgar Starnes says the package will benefit the average citizen and every business in the state.

Democrats like Verla Insko say the bill will lead to higher taxes for low-income citizens.

http://chapelboro.com/news/state-government/nc-house-votes-to-pass-tax-cuts-other-changes/

McCrory Says NC Tax Overhaul Is ‘Very Close’

RALEIGH, N.C. (AP) – Governor Pat McCrory is trying to push a tax overhaul agreement over the finish line that would in turn lead to legislators passing an overdue North Carolina state budget.

But Governor McCrory prefers to limit the scope of tax changes and doesn’t want them siphoning away too much money.

Governor McCrory told reporters Monday he and House and Senate leaders are “very close” to getting a tax plan completed but says he wants any deal sent to his desk to provide sufficient revenues to pay for the basics of operating state government.

The Senate’s latest version wouldn’t be phased in through 2018 and would result in nearly $1 billion less in revenue that year than currently projected. He says he’d prefer making tax changes through 2015 before reassessing.

http://chapelboro.com/news/state-government/mccrory-says-nc-tax-overhaul-is-very-close/

NC Governor Says Tax Talks Are Tough Process

RALEIGH, N.C. (AP) – Gov. Pat McCrory says he and North Carolina legislative leaders are going through a tough process working on a tax overhaul and isn’t going to spend a long time helping facilitate a deal.

The governor said after a bill signing ceremony Wednesday he’s feeling there will be a positive outcome to negotiations between House and Senate Republicans. The two chambers have passed competing tax plans.

McCrory says he hopes to see consensus reached in the next week but doesn’t want the process to drag out and says he’ll move on to other important policy issues otherwise. The legislature doesn’t have a hard deadline but Republicans want to end the legislative session in July.

The governor says he’s looked at many tax scenarios but hasn’t made his own offer to legislators.

http://chapelboro.com/news/state-government/nc-governor-says-tax-talks-are-tough-process/

NC Gas Tax To Remain Mostly Flat For Next 6 Months

RALEIGH, N.C. (AP) – The North Carolina gas tax is increasing from 37.5 cents per gallon to 37.6 cents per gallon.

The Department of Revenue says the new rate for the motor fuels tax on gasoline, diesel and alternative fuels starts July 1 and lasts through 2013. The tax is computed using a flat rate of 17.5 cents per gallon and a variable of the average wholesale price of motor fuel during the last six months.

The average wholesale price is a weighted average of the wholesale prices of gasoline and No. 2 diesel fuel.  The average price for the last period was $2.8743 cents per gallon.

A new rate will go into effect in January 2014.

Consumers at retail locations pay the tax. The money then goes to the department.

http://chapelboro.com/news/traffic/nc-gas-tax-to-remain-mostly-flat-for-next-6-months/

Sen. Rucho Resigns as Chairman on Tax Flap

RALEIGH – A chief architect of a North Carolina tax overhaul plan that’s been rejected by other Senate Republicans and Governor Pat McCrory says he’s resigned as co-chairman of the Senate Finance Committee.

Senator Bob Rucho of Mecklenburg County wrote Thursday to Senate leader Phil Berger saying he had submitted his resignation as chairman effective earlier this week.

The Associated Press obtained a copy of the letter, in which Sen. Rucho says he and Berger have a “fundamental disagreement” on the most effective model of tax reform and how to manage the legislation.

Sen. Rucho co-authored a plan that would greatly expand the services subject to the sales tax while lowering income and corporate tax rates.

But Gov. McCrory said he preferred a plan by House Republicans, and Berger offered an alternative to Sen. Rucho’s plan.

http://chapelboro.com/news/state-government/sen-rucho-resigns-as-chairman-on-tax-flap/

NC Senate Gives First Approval to Tax Overhaul

RALEIGH- A tax overhaul that gradually repeals corporate taxes and lowers personal income taxes has passed its first test in the North Carolina Senate.

The Senate tentatively approved a plan Thursday that goes farther than a previous proposal to lower overall tax rates but forgoes a broad expansion of sales taxes to new services. The House already approved a plan that doesn’t lower rates as far and adds some new sales taxes for services.

Republicans argued it will put people back to work in a state with the fifth highest unemployment. Democrats argued it will cripple public services by giving billions in tax revenues to corporations and wealthier earners.

The bill is scheduled for final vote Tuesday. The House and Senate will likely have to reach a compromise over their differences.

http://chapelboro.com/news/state-government/nc-senate-gives-first-approval-to-tax-overhaul/

NC House, Senate Plans Differ On Sales Tax

RALEIGH – A tax code overhaul plan unveiled by House Republicans puts them at odds with Senate counterparts on how many transactions should be subject to North Carolina’s sales tax.

The House plan released Thursday would expand the combined sales tax to cover a few more items such as car and lawn mower repairs and product warranties. The Senate would subject nearly every service to the sales tax and eliminate exemptions on groceries and prescription drugs. The House plan keeps both exemptions.

House plan author Rep. David Lewis says he’s optimistic a compromise with the Senate can be worked out. Senate leader Phil Berger says failing to broaden widely the sales tax base prevents lower tax rates that spur economic growth.

Gov. Pat McCrory says he’s “encouraged” by the House plan details.

http://chapelboro.com/news/state-government/nc-house-senate-plans-differ-on-sales-tax/