house select committee on property tax reduction and reform
Not all property tax levy limits are created equal
As the debate in North Carolina over how best to address property tax reform unfolds, levy limits are likely to take center stage as a viable policy option. Levy limits restrict the annual growth of total property tax…
North Carolina’s property tax reality
During the pandemic, property values surged across North Carolina, generating frustration among residents whose property tax bills have risen faster than their incomes. In response, the General Assembly established the House…
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