“If a new budget is not ‘revenue neutral’ by lowering the rate of taxation the appropriate amount, then you are slapped with a tax increase from your blind side.”
Tag: property tax rate
Showing 1-13 of 13 results
Letter: County government spending is an election issue
“If we elect spendthrifts, the funds will be wasted. We need to be careful about who we vote for.”
Council explores new bonds, property taxes at budget session
City Chief Financial Officer Barbara Whitehorn proposed that Asheville institute a program of regularly issued general obligation bonds to support capital improvement projects, while Council member Julie Mayfield discussed a property tax increase to boost Asheville’s operating budget.
County lowers property tax rate, approves interim manager
Two pivotal items on the board’s agenda were the approval of the FY 2019 budget and the appointment of an interim county manager after the sudden departure of former manager Mandy Stone.
Public invited to comment on county budget, economic incentives for GE
The Buncombe County Board of Commissioners will hold two public hearings at its regular meeting on Tuesday, June 5.
Commissioners laud budget transparency, choose new clerk
During the Board of Commissioners meeting on May 15, commissioners took time to applaud Stone and county staff for the transparency of the budget process this year, noting that it was a significant improvement over the budget planning in prior years.
2017 year in review
Looking back on 2017, Xpress highlights some of the hundreds of stories we covered in our print editions and online over the year.
Phoning it in: Commissioners negotiate tax rate in private
Xpress takes a look at how Buncombe County commissioners set the tax rate during off-the-record phone calls and in-person meetings.
Property tax rate up, nonprofit funding down as Buncombe commissioners close out budget
Taxes are going up as the Buncombe County Board of Commissioners signed off on a budget that includes a 2.6-cent property tax hike while lowering funding for some area nonprofits.
County manager, commissioner chair: revenue-neutral tax rate unlikely
The Buncombe County Board of Commissioners did not take any official action on the proposed budget during its meeting on Tuesday, June 6. But discussions revealed that a revenue-neutral property tax rate is not likely to happen.
Schools may be key to property tax relief
The Buncombe County Board of Commissioners held a nearly five-hour budget workshop May 16, a forum dedicated to presentations and requests from county departments. However, talks also showed a possible path toward nudging closer to a revenue-neutral property tax rate. A taxing issue County Manager Wanda Greene’s proposed budget for next fiscal year is $419,289,728, […]
Buncombe County property values see $6.8 billion increase
The Buncombe County tax department finished its preliminary property tax reappraisal for 2017 and it shows, before appeals have been filed and settled, that the county’s 2017 property tax base is approximately $31.5 billion. That’s an increase of $6.8 billion from the last assessment in 2012.
Public hearing on property tax schedule draws two comments; commissioners move forward with selling $7.8 million in unused land
Commissioners held a public hearing on the proposed tax schedule that drew two speakers. It also moved ahead with trying to sell five parcels of land, including 137-acres on Ferry Road; the one-time potential site of Deschutes Brewery’s expansion.