Property tax rates will go down, but property tax bills will go up

Yes, your property tax rate is going down, but no, your property tax bill probably bill isn’t. Wait, what? 

Decision time coming for Haywood budget

Although the recommended budget won’t be presented for another two weeks, Haywood County Manager Bryant Morehead took the opportunity on May 3 to present commissioners with a picture of what it might look like — on the heels of a historic revaluation that saw property values increase by nearly 20 percent countywide.

Sylva moves toward tax rate increase

During an April 29 work session, four of Sylva’s five board members signaled their approval of a draft budget totaling $4.9 million, 18 percent more than the budget approved last June. It includes a tax rate increase of 1.5 cents per $100 of property value and $400,000 in America Rescue Plan funding. 

New tax values, fire protection costs drive rate discussion

With the 2021 property revaluation now complete, Jackson County’s taxable value will rise nearly 20 percent over the value established during the last valuation in 2016 and 12.1 percent over the value for the current fiscal year, the last using 2016 valuations. 

Major increase in property values coming for Haywood

Although the results of Haywood County’s comprehensive revaluation process haven’t yet been mailed out, county administrators and elected officials want property owners to prepare for what’s coming in terms of potential changes to their property’s value. 

Mau suggests a property tax decrease in Jackson County

Over the past week the Jackson County Board of Commissioners has been discussing whether to pass the 2020-21 fiscal year budget and tax rate as recommended by County Manager Don Adams or make changes some commissioners see as imperative. 

A look at Jackson’s proposed budget

Jackson County’s proposed budget for 2019-2020 won’t require an increase from the current property tax rate of 0.38 cents per $100 of value, and at $65 million it clocks in at 0.78 percent higher than the 2018-19 approved budget and 2.01 percent lower than the amended 2018-19 budget. 

Macon manager proposes tax increase

For the first time in several years, Macon County Manager Derek Roland is proposing a small property tax increase moving into the 2019-20 budget year to support increased expenses and much-needed capital projects. 

Haywood budget presented to commissioners

For the second year in a row, Haywood County taxpayers can expect no increase in property taxes, thanks to increasing revenues and a substantial fund balance appropriation, but the county’s health care costs are starting to become nearly unmanageable. 

Budget talks get underway in Macon

It’s likely to be another tough budget year as Macon County commissioners are faced with a growing list of capital and security improvement needs, increased health care costs and stagnant property values.

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