City of Rocky Mount
On Monday night, June 8th, the Rocky Mount City Council will consider a new budget that includes increases to the property tax in addition to water and sewer rates. The property tax increase is to build the event center when it has not even been approved by the City Council or the NC Local Government Commission.
- Increase current property tax rate of $0.58 to $0.60 (3.33% increase) or $0.605 (4.13% increase) by 2019 the plan is to increase property taxes to $0.6385 (9.16% increase)
- Property Taxes include things such as homes, land, cars, trucks, boats, etc.
- Increase Water Rates by 4%
- Increase Sewer Rates by 5%
Click on the link to see the time and location of the City Council Meeting. http://goo.gl/wK3u5K
On Monday, June 22nd, the Edgecombe County Commissioners will consider a new budget that includes a substantial property tax increase of $0.075 (7.73% increase). This will move Edgecombe County from the third highest property tax rate in North Carolina to the second highest. Currently Northhampton County has a tax rate of $0.92 and Scotland County has a tax rate of $1.03.
Edgecombe County side of the City of Rocky Mount
The Edgecombe side of Rocky Mount will have a property tax rate 19% higher than the Nash side of Rocky Mount. Currently there is a 15.25% property tax difference for the same jurisdictions.