Government Affairs Update

Troi Bachmann, Joint Government Affairs Director, HBAWS & WSRAR

Government Affairs Local Update 


From the Desk of Troi Bachmann
Joint Government Affairs Director 


HBA Legislative Days are May 21-22!

Travel with us to Raleigh to visit with our legislators! Meetings with legislators will take place in the morning on the 22nd  from about 9-12:45.

  • Troi will host a Legislative Days information session at the HBA on May 8 at 1 PM to go over potential talking points and the legislators we’ll be visiting with. Please RSVP if you plan to attend.

 

Sewer Tie-In Update:

CLICK HERE for an updated spec for existing connections. All NEW connections must be installed a minimum of 5 feet deep.

Construction Career Days: Save the date for 2019 Construction Career Days- November 5&6. The Chamber’s Construction Career Days event puts high school students on the path to rewarding career opportunities by showing them the latest equipment and innovations in the skilled trades while they explore an interactive environment and meet employers. If you would like to be an exhibitor, click here.

Property Tax Increase in Winston-Salem and Forsyth County:

As a result of the 2018 bond referendum in Winston-Salem, city officials have stated that property taxes will go up an estimated 4 cents. As a result of the failed sales tax referendum in Forsyth County, county taxes will increase an estimated 2 cents.

Winston-Salem Ward Update:

Winston-Salem wards will not change this year. Representative Donny Lambeth has withdrawn the bill he filed that would have split the city into 5 wards with 3 at-large seats. Instead, the city will form an 11-member commission to study the city’s current structure and make recommendations if a change is deemed necessary.

Forsyth County System Development Fees:

As of May 1, Winston-Salem/Forsyth County System Development Fees have gone into effect at 50% of the original proposal (fees found here). The Utility Commission will reevaluate the fees prior to July 2019, but it is likely they will approve 100% of the fees to go into effect later this summer.

SAVE THE DATE for 2019 Pints and Politics – October 3, 2019:

The WSRAR & HBAWS mixer with elected officials is back! Save the date for October 3rd at Footnote Coffee and Cocktails: our associations will host local elected officials and staff for a reception and conversation about our industry. More details to come

Troi Bachmann | Local Government Affairs Director
NC REALTORS®
Winston-Salem Regional Association of REALTORS®
Home Builders Association of Winston-Salem
Telephone: 336.491.1316
www.ncrealtors.org

Tax Assessment Savings – HBA Benefits

HBA Members:

Recently, I  received a property tax assessment for an inventory home we have under construction. The home will sell for $800k, so you can imagine the tax bill could be high on this one. Fortunately, we had done the proper paper work to request a lower assessment based on the builder inventory bill that the NCHBA got passed in the General Assembly.

Instead of an assessment of $588,0000, we received a correct assessment of $85,000 – Lot value. The  saving in tax is $5505 on this one house! I have paid my HBA membership for 10 years on the savings from this one house.

Be sure to share your own stories of how the HBA has benefitted you and your business when talking with other members. There is so much that we benefit from that ultimately benefits the home owner. Without the NCHBA at work in Raleigh, I would have a very different tax bill today.

Be proud of the team you are on!

Alan

Alan C. Banks, Evans Coghill Homes
2018 President – NC Home Builders Association