Video, transcripts, and deep links for 321 archived public meetings from 203 North Carolina governments — city councils, county boards, and public agencies.
304 with a searchable transcript · 8 added in the last 7 days
Property taxes in North Carolina meetings
Quotes mentioning property taxes, from the most recent North Carolina meetings we have transcripts for. Show all topics.
1:19:34
And Whereas the proposed property tax amendment would require the state legislature to set limits on how much property tax revenue local governance may raise, reducing the ability of local leaders to respond to future revenue needs…
50:41
The last one I wanted to point out that's getting a lot of discussion is Senate Bill 992 called Truth and Taxation. This bill mandates strict transparency protocols whenever a local governing body intends to adopt a tax rate exceeding the revenue neutral tax rate in a reappraisal year, which you…
17:37
Yeah. One thing I neglected to note, um the other 25% from the town that's derived primarily from the primary benefit district property taxes that oceanfront and inlet front property owners pay as well as a contribution…
1:05:26
Yeah. And and the other the other part of that is really important to think about is we have a revenue neutral rate and we discussed it in a budget workshop and a few of us got out of character because said we never change our tax rate, but we have to to manage the budget.
2:41:28
So on the legislative side, uh the House did um do a select committee on property tax form that was created last year. The committee's purpose was to that provide property tax relief to taxpayers while balancing potential impacts on local…
52:30
In $22,000, the assessed value of the proposed annexation area is a little over $35,000, and the tramway department has an annual debt payment of just over $91,000.
1:45:03
I did look it up. It's a lot of overgrowth and vegetation. [clears throat] Yeah. So, with the land being $31,000 of value as far as a tax assessed value, not including any structures or nothing like that cuz I understand I mean I saw the note as far as don't go in the…
51:00
Nobody knows really what their method is. We assume it's it's in some of the bills that were passed related to property tax. Um, there that working group was put together um at the end right before the primary election um as President Prom Burgerer was in a tough uh primary fight.
1:01:06
I'm not saying that the residents won't see an assessed value decrease, but the market has pretty much stable has been stable for residential properties.
4:14:15
Parks like we do and it is the source of a lot of the revenue sales tax revenue property tax revenue that basically funds Durham County government.
47:31
We lowered the tax rate after the last reval. people still paid more in taxes because their values went up. Well, now that may be manipulated with a ballot initiative in November when Brad mentioned all of these various mandated…