Starting in March, members of the Eastern Band of Cherokee Indians may have the chance to sign up for a program that will let them receive casino distributions without reporting them as income on federal taxes.
Jackson County residents can expect to see a two-cent tax increase in the coming fiscal year, rising from $0.36 to $0.38, if commissioners accept the proposed FY 2022-23 budget. Much of the revenue from that tax increase will go toward the construction of a new swimming pool .
Declining revenues and a growing list of capital improvements are both putting the squeeze on Waynesville’s finances, but a proposed 2-cent increase in property taxes might not be enough to address them all.
A countywide property reappraisal earlier this year generated substantial increases in property value for many homeowners, who will now have higher tax bills despite lower tax rates. Taxpayers and elected officials on two local governing boards aren’t happy about that.
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