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The proposal would ask voters to consider mandating that the General Assembly enact levy limits on local governments. It does not include any specifics about the level of those limits.
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State lawmakers are considering new restrictions on local governments' ability to increase property tax revenue as part of an effort to bring down homeowners' tax bills.
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The IRS has extended the deadline to next month for disaster victims in 12 states including North Carolina.
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During a Board of Commissioners meeting this month in Dare County, the county’s assessor gave a presentation on this year’s revaluation for property taxes.
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State lawmakers are considering bills that would reduce taxes on tips and overtime pay, as well as gambling losses.
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Both candidates for governor in North Carolina, Attorney General Josh Stein and Lt. Gov. Mark Robinson, are pledging to cut taxes, but their plans to save people money look a lot different.
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Non-stop growth, high housing demand, and short supply has led to an unprecedented increase in property values.
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The proposed budget would raise the property tax rate by three cents, to 75.22 cents for every 100 dollars of valuation.
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Republican state lawmakers say they want to consider tax cuts this year, thanks to better-than-expected state revenue projections.
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Orange and Osceola counties could take on a massive debt held by Disney now that Gov. Ron DeSantis has signed a bill revoking Disney World's special regulatory status.