Local News

Wake County approves budget with no property tax hike

Posted June 17, 2013

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— The Wake County Board of Commissioners approved a budget Monday that holds the line on property taxes for the next fiscal year, which begins July 1.

The $983 million budget includes $343.7 million for education, $115.5 million for public safety, $190 million for public health and human services, and $232.4 million for debt repayment and capital projects.

The property tax rate will remain unchanged for the fifth consecutive year at 53.4 cents per every $100 of assessed value.

“The 2014 budget continues Wake County’s practice of allocating to the highest priority areas: public safety, education, and human services and public health,” Wake County Board of Commissioners Chairman Joe Bryan said in a statement. “The budget also funds development-related services, which have shown recent growth, such as the Register of Deeds, building inspections and the Revenue Department. We are extremely pleased that we are able to meet these needs without a property tax increase.”

The 2014 budget reflects an increase of 4.7 percent – or $44.3 million – over the current budget.

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  • logitech Jun 18, 3:34 p.m.

    colinmb123us, I have the notice of value statement right in front of me from wake county. If your house is less then 8 years old (or since you had a reassessment in 2010) that might be why you haven't gotten the notice. The neighbors around me have also received the same notice.

  • colinmb123us Jun 18, 9:44 a.m.

    logitech - the next county wide reassessment isn't for another 3 years. My assessed value is exactly the same as it has been since I completed an addtion on my house in 2010. Show your source that they have "reassessed" everyones values as there has been nothing in the county budget for a reassessment or any reporting on reassessments anywhere.

  • logitech Jun 17, 7:13 p.m.

    What they didn't tell you is they already reassessed everyone's property and your house property tax has already increased prior to this ruling.(I'm currently battling the county over the tax increase they hit me with) If you haven't gotten the letter in the mail check wake.gov property tax on line and verify your house tax has not increased.

  • stymieindurham Jun 17, 6:36 p.m.

    Yes they can Scubagirl!!!! They will consult with the IRS.

  • Scubagirl Jun 17, 5:48 p.m.

    YIPEE!!!! Thank you for not raising my taxes! Now, lets defeat the school bond as well. The school board can't manage themselves, much less our money.

  • luvbailey Jun 17, 5:23 p.m.

    Yea!

  • stymieindurham Jun 17, 5:14 p.m.

    A;so don't forget the school bond the progrressive school board is going to push. Someone's gotta pay for that.

  • whatelseisnew Jun 17, 5:10 p.m.

    Well that is the good shoe. The bad shoe will drop when we get the propaganda charade about the bond that WILL drive up the cost of living for the enslaved property owners of wake county.