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Durham County budget will bring 2-cent tax-rate increase

Posted June 23, 2008
Updated June 24, 2008

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— The Durham County Board of Commissioners on Monday approved a $683.9 million budget for 2008-09.

The budget, which includes a 7.25 percent increase for the county's school system, will result in a property tax rate of 70.81 cents per $100 of assessed value, the county said.

The rate is 1.99 cents more than property owners would have seen if the budget had been kept at the same level as 2007-08 after a property revaluation.

The owner of a $200,000 home will see taxes go up $39.80 from last year, a spokeswoman said.

The budget allocated $947,170 to 35 non-profit agencies.

The new financial year beings July 1.

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  • spartanpirate Jun 24, 2008

    Has anyone thought about how this affects the elderly that are on fixed incomes. SS does not give much of a raise if any. They still have to pay increase prices in food, gas, etc. They have more medical bills and prescription drugs than they did when they were working. Why not give tax break to those over 67 years old. They certainly don't have kids in schools and probably are not using biking trails and hiking trails. Pretty soon retired americans will have to give up the American Dream of owning a home because of taxes. They'll have to move in with their children so that they can pool their incomes.

    It's not fair in this economy that everyone wants to spend more money in government. They should have to face the economic downturn just like the rest of us.

  • Me again Jun 24, 2008

    I wished they had raised it by a dollar so we wouldn't have to worry about tax increases for the next 5 years.

  • MR EVANS Jun 24, 2008

    Also, tack on the increase in property values due to the re-valuation from this past year and you will see that we are taxed alot more than they will have you believe. Gotta love it!