Author: Chatham Journal: Government

Chatham County’s proposed budget holds line on tax rate

On May 4, 2015, the Chatham County Manager’s Office presented the Board of Commissioners with a proposed budget for fiscal year 2015-16 (FY16) that keeps the same property tax rate (62.19 cents ), while providing enhanced funding for several key county priorities. The proposal recommends a general fund budget of $99.45 million, up 5 percent over FY15. This is the sixth straight budget year with no property tax increase proposed by the County Manager’s Office, but four fire districts are requesting increased tax rates: North Chatham/Bells Annex, 1.5 cents; Moncure, 1.46 cents; Parkwood, 1.5 cents; and Pittsboro/Circle City, 0.67 cents.