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property tax

20% Property Tax Hike

July 22, 2021 by Richard Daunt

On July 22nd, 2021, the BOC voted for a budget which did not compensate for the enormous rise in property values post-revaluation. The revenue neutral rate of 32 cents for every $100 of value was ignored. By maintaining the rate of 38.5 cents, property tax revenues subsequently shot up by about 20%. To justify this, […]

Filed Under: BOC Vote Log, Taxes Tagged With: property tax, waxhaw

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