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Some in Franklin Co. Dismayed by Tax Assessment

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Even though few businesses remain open in Franklinton, county property tax assessments have gone way up.
FRANKLINTON — Franklin County leaders say its stretchof US Highway 1 is on the verge of a boom. Some say the county is already cashing in on the promise of success in its reassessment of propertyvalues.

Franklin County Manager R.G. Leary says the re-evaluation is requiredby law.

Not everyone appreciates the property appreciation. John Deal wasworried when he got his property value increase notice. He says he doesn'tunderstand why it's gone up so much.

Deal's assessment amounted to a 300 percent increase, and his is notthe only one that climbed that much. Residents throughout the county havebeen shocked by reassessments. In places such as Franklinton, whichis filled with empty storefronts and closed businesses, the fear is thathigh property taxes will be too much to handle for people struggling toget by as it is.

Deal says he doesn't know how people on fixed incomes will survive suchincreases.

Leary says every case is different, and that people need to investigateif they feel their assessments are unfair.

It's important to note that higher propertyvaluesdon'tnecessarily mean residents will have to pay higher propertytaxes. County leaders have come up a new tax rate for the budgetyear that starts in July. That's when residents will know how much they'llhave to pay.

Anyone with questions about a property assessment, can set up an appointment with the appraiser who is designated on each assessmentnotice.

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