7/21/2022 5:21:00 PM LETTERS/OPINIONS
Council did not raise property tax rate
First of all, I want to thank everyone who came out to support my campaign for Guilford County commissioner. But I also want to address recent disingenuous claims that I voted to raise taxes in Oak Ridge.
At no time did I, or anyone else on our Town Council, vote to increase the property tax rate of 8 cents per $100 of property value. In fact, during the early stages of our budget process I asked our Finance Committee about the feasibility of a revenue neutral rate of 0.0674 cents per $100 of property value. The committee found that it would provide inadequate funding for planned capital improvements, essential services, and for maintaining our town's reserves. This is because our town, like our residents, is faced with rapidly rising costs on nearly every front.
Our property tax rate continues to be among the lowest in North Carolina and constitutes less than 10% of your annual property tax bill.
As always, I welcome residents' questions and comments.