Cary raises taxes with new budget
Posted June 28, 2013
Cary, N.C. — The Town Council approved a $307 million budget Thursday for the new fiscal year that starts next week, including the first tax increase in Cary since 1989.
The 2-cent increase to Cary's property tax rate, to 35 cents per $100 of valuation, was approved by voters to help pay off bonds.
The budget also raises residential garbage, recycling and yard waste fees by $1 per month and building permit fees by 5 percent. Cary officials noted neither had been increased in at least five years.
Cary utility customers will also see higher rates to help pay for the Western Wake Regional Wastewater Management facilities, set to come online next summer. The 4.7 percent increase adds about $2.83 per month to the bill for the average household using 4,500 gallons of water.
"This was one of the toughest budget development years I can remember in Cary," Town Manager Ben Shivar said in a statement. "It was extremely difficult to find the funding we needed to maintain our high service levels, not to mention trying to address pent-up community demand for more."
The budget also adds about 30 positions to the city payroll, most of which are dedicated to the new wastewater treatment plant.