Property Taxes
Local government levies on real estate ownership
Latest stories
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Most NC voters support legalized pot and proposed amendments on tax caps, voter ID, poll shows
A new Elon University poll also found support for less regulation of marijuana in North Carolina, though that’s not among the three constitutional amendments before voters this fall.
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Apex bookstore facing 64% rent hike to close, other shops face uncertain future
A perfect storm of challenges in downtown Apex has business owners considering closing. Their landlords are raising rent, passing on an increase in new city taxes and rising insurance rates. An ongoing downtown construction project causing sales losses is expected to extend through next year.
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Stein signs law blocking new property tax appraisals in some counties
Senate Bill 889 would temporarily prohibit a few counties from applying new reappraisals to property tax bills.
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Apex homeowners face tax increase to expand public safety, utlities
The budget passed on Tuesday raises Apex's property tax rate from 35.6 cents to 37.35 cents per $100 of assessed value, or a cost of about $105 more per year for the owner of a $600,000 home.
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Morrisville passes 26-27 budget with no tax increase
The town of Morrisville adopted its 2027 Annual Operating Budget at Tuesday's town council meeting, holding the property tax rate flat at $0.35 per $100 of value.
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Property tax freeze passes legislature, heads to Gov. Stein
The bill is part of a broader push by legislators in the Republican-controlled General Assembly to address affordability for North Carolinians ahead of the midterm elections.
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Durham County approves budget with property tax increase, more money for schools
Durham County commissioners unanimously approved a $1.05 billion budget that includes a 2.5-cent property tax increase, adding about $90 each year to the tax bill of a $450,000 home. The spending plan also boosts funding for Durham Public Schools.
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Raleigh leaders approve property tax increase as part of $1.77 billion budget
The Raleigh City Council unanimously approved a $1.77 billion fiscal year 2027 budget that includes a 1.7-cent property tax increase. It adds about $67 each year to the tax bill of a median-priced $450,000 home.
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Wake County leaders blame a 'nonprofit loophole' for hike in property taxes
Wake County and state leaders want to tackle a growing affordable housing tax loophole they say is costing local governments millions in revenue.
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Cary residents speak out against proposed tax increase in town budget
Demonstrators gathered ahead of a public hearing on Thursday, voicing their concerns about the proposed budget. If approved, the budget would include a property tax increase of $3.75, bringing the rate to $37.75.
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How North Carolina property and income tax limits could impact local services
County commissioners are warning that proposed state constitutional amendments to cap income taxes and limit property tax increases could force deep cuts to essential services like schools, libraries, and law enforcement.
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North Carolinians to vote on income, property tax limits after lawmakers OK ballot questions
Voters in November will be asked: Should the state constitution cap the state's income tax rate at 3.5%? Should the state limit local governments' control over their property tax rates?
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City of Raleigh budget proposal would increase taxes, focus on public safety
Raleigh City Manager Marchell Adams-David presented the City of Raleigh's budget proposal for 2026-27 on Tuesday. She is proposing that the city spend $1.77 billion with a focus on improving services and public safety.
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NC lawmakers advance proposed property tax cap, affordable housing exemption
The state House of Representatives’ Finance Committee on Tuesday voted to advance a proposed state constitutional amendment restricting how much city and county governments could raise property taxes each year.
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NC Senate gives final OK to Berger’s reappraisal ‘moratorium’. House to consider next
The state Senate passed a bill that would block county governments from applying new appraisals to property tax bills. It goes next to the House of Representatives for consideration.
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Orange County considers property tax increase as state legislation looms
The Orange County Manager's proposed budget includes a 3.75-cent increase; for a home valued at $500,000, it would be about $187.50 more.
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NC reappraisal ‘moratorium’ advances as counties face budget gaps
County governments say they need funding to address budget holes, but legislation that advanced in the state Senate Tuesday would block counties from applying new — and often higher — appraisals to property tax bills.
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Wake County leaders adopt new budget, includes recommended 2-cent property tax increase
Wake County Manager David Ellis has proposed a 2027 budget featuring a 2-cent property tax increase to address a funding shortfall, which he attributes to uncompensated state-level responsibilities and the Blue Ridge loophole.
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South Hills tenants want special tax to update Cary's oldest mall
As questions linger about the next steps for Cary’s oldest mall, South Hills property owners are requesting an additional property tax to help pay for the mall’s revitalization and additional services.
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Housing affordability draws bipartisan attention in NC legislature
Rent and home prices have skyrocketed in recent years along with North Carolina’s population. Now Democrats and Republicans in the General Assembly say housing is an issue they can find bipartisan compromise on.
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North Carolina’s Berger optimistic about budget, blames Democrats for primary loss
North Carolina Senate Leader Phil Berger lost to Rockingham County Sheriff Sam Page in the Republican primary election. Asked Tuesday what message voters sent him, Berger said: “Democrats like to vote in some Republican primaries.”
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Wake commissioners push back on proposed property tax changes
Wake County leaders are pushing back against efforts to give the state more control over property taxes.
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Harnett County leaders eye tax changes as residents face rising property values
Some residents say they are scrambling to figure out how they'll pay their bills as some face much higher property tax bills.
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NC House committee advances proposal to give state more control over property taxes
The House Select Committee on Property Tax Reduction and Reform advanced a proposal that seeks to limit county and city property tax increases while increasing oversight of local taxing authorities. Lawmakers want voters to consider the issue as soon as November.
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NC lawmakers taking steps toward new constitutional amendment on property taxes
State lawmakers plan to meet Wednesday for what could be the first vote on a proposed new constitutional amendment. The proposal would limit how much cities and counties can raise property taxes, and possibly even force some cuts.
