Property Tax
Property tax levy limits aren’t budget cuts
At a time when property tax bills are rising across North Carolina, policymakers have proposed a constitutional amendment to limit how quickly those taxes can grow. However, critics warn that such limits could reduce…
How much is too much? An analysis of property tax revenue growth in the state’s most populous counties
As property tax bills have risen rapidly across the state, property tax reform has moved to the forefront at the General Assembly. Among the policy options under consideration are levy limits, which restrict the annual growth…
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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