Stay up to date with WRAL’s Property taxes news and reporting coverage
North Carolina lawmakers plan to examine ways to help struggling homeowners -- without forcing cuts to schools, police or other local government programs.
WRAL 5 On Your Side looked into the factors that determine how much people pay in vehicle tax.
WRAL 5 On Your Side's Keely Arthur is diving deeper into the factors that determine how much you pay in vehicle tax - and how to file an appeal if you feel like you're being overcharged.
The city of Raleigh has unveiled a $1.78 billion budget proposal for the upcoming fiscal year, featuring substantial pay raises for some city employees. The budget also proposes increases in solid waste, water, sewer and stormwater fees, though the property tax rate is set to remain unchanged.
The next property revaluations will be effective on Jan. 1, 2027, and then again on Jan. 1, 2029.
On Monday, The Wake County Board of Commissioners approved a change to the property tax revaluation cycle.
WRAL's Lora Lavigne explains the effort to prepare residents for the upcoming sticker shock
Durham homeowners are bracing for a significant financial impact as the county prepares to mail out reappraisal notices reflecting the pandemic-driven housing boom.
WRAL anchor/reporter Dan Haggerty answered viewer questions about states offering disabled veterans to waive their property taxes.
In Johnston County, some homeowners were shocked to see their property values increase by a significant amount in a recent reappraisal by the county. Those residents fear their property tax totals will follow.
Buncombe County "is still demanding property taxes on homes destroyed by Hurricane Helene based on pre-Helene assessments that no longer apply," Dana Loesch, a conservative radio show host, told her 1 million X followers.
Paul Specht, PolitiFact reporter
Johnston County residents learned their property values have skyrocketed after receiving reappraisal notices last week in the mail.
Some residents said their property taxes woul spike by as much as 75%, but a county tax administrator is telling residents not to panic.
Multiple residents wrote to WRAL and said several residents posted on social media that their property taxes were increasing by as much as 75%, but a Johnston County tax administrator wants to reassure residents the county is still deciding what the new rates will be.
The new year brings North Carolina's eighth state income tax cut since 2014.
The new year brings North Carolina's eighth state income tax cut since 2014. Republican lawmakers say the cuts have fueled the state's economic growth. But others say the state is already underfunded, and could be headed for a budget deficit as soon as 2027.
Laura Leslie. WRAL Capitol bureau chief
Cary voters will decide on two bond proposals this election season, including a $560 million bond for parks and recreation projects and a $30 million bond for housing projects and programs to help lower-income residents.
Shaun Gallagher, WRAL reporter
Wake County residents are experiencing significant increases in property taxes, with some seeing increases of hundreds or thousands of dollars per year.
Homeowners in Cary will weigh-in on possible changes to property taxes at the town's budget meeting on Monday night.
According to Wake County, a resident who owns a $462,000 home, which is roughly the median assessed value in Wake County, will receive a tax bill of $2,372 in fiscal year 2024-25. It runs from July 1, 2024 - June 30, 2025.
Wake County commissioners passed their budget, which includes a decrease in the tax rate. It also includes more than $702 million for Wake County Schools. On Tuesday, the school board will talk about how to spend that money.
After several weeks of public hearings and suggestions, Wake County leaders voted to pass the proposed budget on Monday. The budget is about $2.08 billion, about a 10.7% increase from the 2024 fiscal year.
WRAL Staff
Raleigh homeowners can expect to pay more in property taxes in 2025 compared to this year, according to the city's proposed budget.
