News

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.

Chatham residents can expect property appraiser visits

Chatham County property owners can expect to see property appraisers from the Tax Office and Pearson Appraisal visiting their properties over the next year to 18 months. The appraisers are visiting properties as a first step in the revaluation process, according to Tax Administrator Frances Wilson. “Revaluation will not take effect until January 1, 2017, but reappraisal is a key phase,” Wilson said. “We want people to know that appraisers are out in the field. They often will just drive by and take photographs, but sometimes they will need to go on the property to inspect or measure.”