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Morrisville Board of Commissioners rejects tax-hike budget

Posted June 25, 2008

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— A proposed budget with a double-digit tax hike driven partly by property revaluations was unanimously rejected Tuesday evening by the Morrisville Board of Commissioners.

On average, homeowners have seen their property values go up 38 percent after Wake County's recent reassessment. The more a home is worth, the higher the tax bill.

Residents voiced their concerns over the budget during a packed Board of Commissioners meeting last week.

The mayor and commission members have sent the budget back to the town manager for cuts.

A special meeting on the budget issue is scheduled for Wednesday evening.

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  • eduncw Jun 25, 2008

    There is no tax increase by the Town. The Town has been proposing a tax rate decrease all along. Your home values have gone up!

  • Tired_of_LIBERALS Jun 25, 2008

    Holy Cow!

  • whatelseisnew Jun 25, 2008

    Well I applaud the fact they are going to change this. Now if they do the right thing and come back with no tax increase, that would be super.

  • smitty Jun 25, 2008

    If I could actually sell my house for what the tax value is, I'd be putting a sign in the front yard right now. Yes, I tried to appeal the valuation and was denied.

    Morrisville commissioners have a chance to make good here, hopefully they will remove/reduce that raise they gave themselves. It's not a full time job, and those guys don't need the money.

  • batcave Jun 25, 2008

    Property Value----the big lie in taxing.

  • WHEEL Jun 25, 2008

    Finally a glimmer of light from elected officials.