Cary, Morrisville approve budgets without tax increases

Morrisville, N.C. — Morrisville and Cary town officials adopted annual budgets Thursday night without increases to the local tax rates.

Public outcry at a meeting last week led the Morrisville Board of Commissioners to unanimously reject a proposed budget with a 19 percent property tax increase. After an additional two days of budget negotiations, commissioners unanimously approved a budget that put the tax rate at 36.7 cents per $100 of property value.

The Cary Town Council approved a $290 million budget for the coming year with a tax rate of 33 cents per $100 of assessed value. The resulting tax bill will be roughly equal to the one last year when the rate was 42 cents per $100 of assessed value before Wake County's property revaluation.

Cary did adopt a $2.25 increase to the monthly solid waste fee and a 5.5 percent increase for water and sewer customers.

The budget funds 25 new positions in Cary and provides money for a downtown streetscape project, street paving, the first stages of two new parks and the renovation of a former school into a community arts space.

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Latest Comments

Wow, what are the odds for setting such an example of responsible government?

Leaders in the surrounding areas need to take heed, if they can ever get their egos in check.

davidgnews
June 27, 2008 3:59 p.m.

Get the smelling salts because I'm about to faint. Elected officials of both parties had the NERVE to listen to their constituency. Why hasn't WRAL reported that both town councils were abducted by aliens and replaced with droid look-a-likes because these clearly aren't the usual town councilmembers doing this...

Road-wearier
June 27, 2008 3:10 p.m.

see what happens when people organize just a little? good job cary and morrisville!

oversleeper
June 27, 2008 2:12 p.m.

I think that Durham city officials need ot take a field trip down the road in order for them to understand what a balanced budget should look like. It's amazing to me, that Durham City Council members never seem to care about the millions of dollars they go into wasteful projects or city positions. Good job Morrisville!

KevinUNC97
June 27, 2008 1:23 p.m.

Gee where are all the "I am willing to pay more crowd"? I am quite sure that they will generously send in money as a donation to their cities and towns to demonstrate their willingness to help out with such things as a cultural arts center. After all, these are desperate times.

whatelseisnew
June 27, 2008 1:09 p.m.