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Raleigh,Cary, Wake County Blog and Relocation Information

Tagged "Proposed Wake County Real Estate Taxes"

Raleigh,Cary, Wake County Blog and Relocation Information

Blog by Tracy Santrock

Cary, North Carolina

Welcome to my blog on Raleigh-Cary and the Triangle area of NC Real Estate. Here you can read current information on the Triangle area including neighborhood profiles, school information, taxes, market conditions, and even find things to do in the Triangle.

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Raleigh,Cary, Wake County Blog and Relocation Information

Wake County Tax Proposal

Aug. 17, 2006

Categorized in: Wake County Taxes

Tagged with: proposed wake county real estate taxes, real estate taxes, wake county

Hang on to your wallets because Wake County Commisioners are considering a change our property tax structure to use reassessments to pay for future growth.

Property is required to be reassessed every 8 years in NC but can be reassessed more often at the counties' discretion. In the past, rates have been lowered to offset the blow to tax payers but the new proposal would keep the tax rate the same in that year's budget. The result could mean thousands to some Wake County tax payers.

The next county wide revaluation is scheduled for 2008. Read more in the News and Observer here:

Property tax idea would push bills up

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