Franklin residents will be paying a bit more on their property taxes next year following a unanimous decision by the Franklin Board of Alderman to increase the rate by 2 cents per $100. Currently, the rate is set at 25 cents, but the town had been thinking about raising it for a while.
When the clock struck midnight this past New Year’s Eve, a new North Carolina state tax took effect.
“This isn’t a tax reform, it’s a tax shift,” said Rep. Joe Sam Queen, D-Waynesville. “It’s just part of the shift by the Republican legislature on revenues. They cut taxes on big business, then entertainment, tourism and nonprofits, who do so much with so little, and are the engine of our economy, get taxed while those huge tax breaks are given to those who contribute to the call.”
Waynesville leaders will face a tough choice in coming weeks: either raise the property tax rate by 3 cents or cut town services and amenities.
That’s the message Town Manager Marcy Onieal shared with Waynesville aldermen at a budget workshop last week.
Cashiers area property owners have long complained that they pay more than their fair share when it comes to property taxes — ponying up 60 percent of the county’s total property taxes.
With the bottomed-out real estate market still stagnant, some property owners are having trouble seeing the point of paying property taxes.
When inflated real estate values in the second-home market came back down to earth, the touchdown wasn’t gentle.
It was more of a crash-landing, and five years later two mountains counties are still sifting through the wreckage.
Some Jackson County commissioners expressed trepidation this week over changing the way the county’s seven volunteer fire departments are funded.
Two Maggie Valley aldermen recently indicated that they have a laundry list of grievances against the town’s mayor, but there is one complaint that stands out among the rest.
Jackson County commissioners signaled support this week to change the way volunteer fire departments are funded, although the plan is not without its critics.
Whether you live in Macon County or Jackson County may depend on which one you ask.