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Some High Point homeowners could see help with rising property taxes under a new proposal tied to next year’s city budget.
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Guilford County leaders are proposing the county’s lowest property tax rate in more than 20 years. But because property values have jumped so much, many homeowners would still see higher tax bills under the plan.
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Forsyth commissioners approved a resolution that states limits on local tax authority could result in service reductions, delayed infrastructure investment and more.
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The last revaluation for the county was in 2022.
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County officials are preparing for a reappraisal of property values early next year.
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Some residents requested a revenue-neutral tax rate that would not increase taxes on property owners.
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A property tax dispute in Guilford County has reached the NC Senate, and it could change how Greensboro's borders are drawn.
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On Monday, the council voted to approve next year's budget, which includes a tax increase. And, members tabled a decision on changes to firefighter benefits amid pushback. Catch up on what happened at this week's meeting.
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County Manager Shontell Robinson said the average Forsyth County homeowner would see an annual increase of just over $100.
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The Guilford County Board of Commissioners is considering increasing the property tax collection rate for its municipalities, which has remained unchanged for 13 years.