local revenue

Wake County is one of 11 counties this year that is reappraising commercial and residential property values. It appears to be the first of those counties to have revaluations posted…

With six weeks to go until the May primaries, voters in at least a dozen North Carolina counties should start considering whether they should vote for or against proposed…

At last count, 12 North Carolina counties will include an increase in the local sales tax on their May ballots.  In all 12 of those counties, it’s a bad idea. …

In 2007, the North Carolina General Assembly passed legislation allowing counties to impose an additional quarter-cent sales tax to raise revenue within their jurisdictions.  These taxes must be approved by…

The economic recession that hit full force in 2008 was declared officially over in June 2009 when the country experienced two quarters of very slow growth. But a troubled housing sector and a still-sluggish economy with high unemployment have contributed to the fiscal crises facing many cities and counties in North Carolina. As always, this edition of By the Numbers is must reading for government officials and taxpayers alike. It highlights what kinds of fiscal problems face local governments in an economy that grows only very slowly. With the facts given here, county commissioners and city council members can easily compare their area’s tax burden to similarly situated cities or counties. For taxpayers, BTN is a starting point for questions about taxes and spending, enabling them to hold their elected and appointed officials accountable.