Local Politics

Wake County budget holds property taxes steady

Posted June 20, 2011

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— The Wake County Board of Commissioners voted Monday to pass a $952.1 million budget which holds the line on property taxes at 53.4 cents per $100 of valuation.

About two-thirds of the county funding comes from property taxes, with federal and state funds, fees and other charges making up the rest.

County Manager David Cooke's proposal increased funding for education, to expand services at the WakeBrook mental health facility and to open and operate the second phase of the Hammond Road Detention Center. 

Education, primarily capital projects of the Wake County Public School System, claim the biggest chunk of the spending – about 10 percent of the total. 

The budget cuts 15 jobs, mostly from the county's human services and general services departments, and eliminates funding for several nonprofits.

New commissioner joins board

Also Monday, the board welcomed its newest member. Erv Portman, a former member of the Cary Town Council, was appointed to replace Stan Norwalk, who resigned his post in May. 


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  • DontLikeTheSocialistObama Jun 21, 2011

    Abolish property taxes in Wake County and implement a Wake County income tax.

    That way everybody pays their fair share.

  • DontLikeTheSocialistObama Jun 21, 2011

    "About two-thirds of the county funding comes from property taxes...

    That makes me mad because property owners shouldn't have to pay for everything! What about the non-property owners? - 27615"

    Renters pay the property taxes for the owner of the property. There tax is hidden in the rent they pay every month.

  • JustAName Jun 21, 2011

    "hiding just how much tax they are grabbing" - whatelseisnew

    I would say that income taxes are more hidden than property taxes. The income tax is taken directly out of your pay check, so you don't really feel it unless you look at the stub. With property taxes, you get a bill each year and you have to pay it. That's more visible to the person paying it.

  • 27615 Jun 21, 2011

    About two-thirds of the county funding comes from property taxes...

    That makes me mad because property owners shouldn't have to pay for everything! What about the non-property owners?

  • Bring on the 4 Dollar Gas Jun 21, 2011

    Lowered them? Get your wallets ready, next year they'll have no choice but to double them!

  • simplemind2 Jun 20, 2011

    Instead of holding property taxes steady, they should have lowered them in reality due to the economic woes. The fact that they have no intention of lowering them only manifest that they are crooks. Coming election time, I for one will vote out all the incumbents.

  • whatelseisnew Jun 20, 2011

    Even if they did a reassessment and overall lowered the tax valuations, they would just change the mil rate and actually charge more money than you are paying now. That is what happened to me last time. The so-called budget neutral mil rate caused my taxes to be increased by a couple hundred more. So I prefer no reassessments. I can't afford another couple hundred more in property taxes on top of all the other tax increases this State has piled on my head.

  • whatelseisnew Jun 20, 2011

    "no tax on homeowners. a new level...wow"

    Actually property taxes should be ended. Why should anyone have to pay a tax simply because they own something? Granted the school system needs to be funded (unfortunately), but perhaps the more sensible way is a Wake County income tax. I want to see all taxes other than income tax ended. Let the politicians look people square in the face and explain why they need to take more of their income. They are doing it anyway, it is just by sticking you with multiple means of taxation they are hiding just how much tax they are grabbing. THe understand all too well that they would get get a lot more pushback if people understand just how much they are being ripped off.

  • are you kidding me Jun 20, 2011

    rental tax? no tax on homeowners. a new level...wow

  • busyb97 Jun 20, 2011

    But would it truly be lowered? We refinanced the end of last year. Our real-estate appraised value was still about "normal" for the time period when we bought the house almost 5 yrs ago. I'd never actually be able to SELL my house for that...my neighbors' are proof of that -several homes in our community WAY below even market-value and still sitting empty, no bites whatsoever.

    So if the real-estate values still are up there where they were, despite what buyers are actually willing to pay, then the tax-value will not change either.