3.8% property tax rate increase and 9.13% spending increase

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The FY 2019 proposed budget for the City of Rocky Mount calls for a 3.8% property tax rate increase and increases spending by 9.13%.  If approved the tax rate for Rocky Mount will have increased  13.22% ($0.605 to $0.685) since 2017.$2,028,530 of the increase is to pay for the Rocky Mount Event Center while the rest is to fund thirteen new positions which includes the creation of a third Assistant City Manager.  When the Event Center was ...

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Carolina Journal – Community center would add debt without taxpayer OK

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Click on image to link to newspaper. Turn to pages 8 and 9.

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