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12:05 p.m. • 2-11-12

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Morrisville considers property tax increase


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Morrisville leaders consider tax increase
Morrisville leaders consider tax increase

City leaders on Tuesday are scheduled to vote on a proposed budget that could increase property taxes.

Morrisville commissioners are proposing largest tax increase in Wake County. The budget being considered includes a $3.4 million spending increase.

Based on Wake County's property reassessment, homeowners in Morrisville saw property values go up by 38 percent. With Morrisville's proposed tax rate, homeowners could have a 19 percent increase in their property tax bill.

Mayor Jan Faulkner said the increase is necessary to help the city keep pace with other Wake County towns.

“Without it, we’ll have to stop programs, not fund some roads and not develop downtown,” Faulkner said.

Homeowner Peggy Medlin said she can’t afford the proposed tax increase. If commissioners move forward with the plan to increase property taxes, Medlin said her bill would jump from $800 to more than $4,000.

“I don’t know how long I can stay here. I’m a caregiver and I have to stay to take care of my 95-year-old mother. I don’t have a choice,” Medlin said.

Residents attended a meeting at city hall last week to voice their opinions on the tax.

Commissioners will meet at 6:30 p.m. to discuss the budget. Commissioners can choose to approve the budget, reject it or ask the staff to start from the beginning, Faulkner said.

RELATED TOPICS: Wake County, Morrisville

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35 Comments


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Latest Comments
Awww. Its about time taxes caught up to pay for the improvement that growth needs - four lane 54, build Durham freeway/ triangle parkway extention, connect all the pieces of McCrimmon Parkway, ect.

You're right, eduncw - it's 38,000. At least I was closer than bobbyj!

"it smacks of a town so desperate to make a name for itself that it will stop at nothing to do so."

carolinakhaki

pretty much hits the nail on the head

"They need to pay for all the services/infrastructure needed for the development at 54 & Cary Pkway, which they approved despite massive citizen objections. Can't wait for election day..."

Oh, but the town's going to bring in SOOOOOOOOO much revenue from that boondoggle - and situating it on the very edge of Morrisville means that they get to do so by inconveniencing primarily non-Morrisville residents, with no road improvements to Cary Parkway.

Way to increase your tax base at the expense of Cary residents, Morrisville. I'm sure it's much appreciated. Actually, as with most things Morrisville does, it smacks of a town so desperate to make a name for itself that it will stop at nothing to do so.

All this reminds me of my car. According to Nash County, my car is worth more this year than last year. How can that be? It is funny the games government plays to get more money to waste. They will "re-evaluate" property just so they can get more money, but say publicly "we didn't raise tax rates". Uh-huh.

You know what I'm going to do? I'm going to waste all money and demand my boss pay me more. How will that work out? Actually, I'm my own boss, but it makes the point. If I have to spend within my bounds, why can't a government?

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