Macon commissioners narrowly approve budget
Macon County commissioners approved the 2021-22 fiscal budget, but two Republican commissioners opposed its passage because they disagreed with increasing the tax rate.
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?
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.
Sylva ponders tax increase
Sales tax receipts are booming in Sylva and a newly completed property revaluation will bump real estate values by about 14.5 percent this year — if tax rates stay the same, the town would expect to receive $345,000 more in the coming fiscal year than in the current year’s budget.
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.
Jackson forecasts revenue increase
Despite the dire predictions of spring 2020, Jackson County’s budget prognosis for the 2021-2022 fiscal year is looking downright positive, commissioners learned during a Feb. 23 budget retreat.
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.
Haywood property revaluation to be presented Nov. 2
After more than a year of work, Haywood County’s property revaluation process is nearly complete and will be presented during a forthcoming public hearing.
Jackson County nears end of 2021 revaluation process
Tax values for Jackson County properties are set to rise next year as the county enters the final stages of its process to revaluate property values last set in 2016.
Defund the police or back the badge — either way, prepare to pay
Competing theories as to the nature of proposed police reform have emerged, with one being that law enforcement budgets should be cut drastically and the other being that they should be increased drastically.