Like wow, who knew Elon University owned an office in Roy Carroll's Centerpoint? According to the Guilford County Registrar of Deeds, the address is 202 N Elm Street Lobby 11.
The Total appraised property value is said to be $10,000 but apparently even privately owned universities are exempt from paying property taxes as a $10,000 tax exemption is also listed.
So that got me to wondering, if the office is exempt from paying property taxes, what about the rest of the Downtown campus? So I started searching and found a total of 11 properties within the Downtown Greensboro central business district totaling over $8,000.000. (That's $8 MILLION for the zero crippled among us) in untaxed properties.
Of note: $8 Million is over 3 times the value of the Elon University Campus in nearby Elon College in Alamance County. That is apparently exempt from taxes as well.
Now I realize the "economic development" crowd is going to say that having Elon Law located in Downtown Greensboro more than offsets the tax losses but I'm betting there isn't an actual downtown business owner among them who won't look at this and say, show me the numbers? Show me proof that while my home, business, personal wages and properties are being taxes at the highest rates of any city in North Carolina, how is it that having Elon Law located in the most expensive untaxed real estate in all of Greensboro and Guilford County is helping our local economy?
And the answer they will get is crickets.
Again, the elites get the breaks. Elon isn't NC A&T nor is it Guilford Tech and very few students at Elon come from working class, poor families. Elon is a private school filled with rich kids from monied backgrounds. Many of them are great folks but to give them tax breaks... For the highest priced real estate in the entire freaking county!!!
What part of stupid do Greensboro's "leaders" not understand?
When I began these investigations almost 2 years ago people from all over Greensboro suggested I ask Elon Law for help but every call and e-mail I sent to Elon Law-- even to people I know there-- went unanswered. I knew people were scared and people need to keep their jobs. The scumbag developers, crony capitalists and politicians-- many who currently have seats on the Greensboro City Council-- do not.
So who was on Greensboro City Council when this all happened. That would be Robbie Perkins, Yvonne Johnson, Nancy Vaughan and T. Dianne Bellamy-Small.
$8 Million Dollars a year untaxed.
$8 Million Dollars a year untaxed.
$8 Million Dollars a year untaxed.
$8 Million Dollars a year untaxed.
Told you Hell Day was carrying over into Tuesday. Hell, it might last all week.
