Day: June 14, 2014

No property tax rate increase is good news for Chatham County

We passed the 2014-2015 budget on Tuesday night, May 20. The theme of this year’s budget is ‘Working together is success”. By working together with our departments, the school administration, the Sheriff’s department, the Community College, and others we were able to fund the county’s priorities without an increase in the property tax rate for the 4th consecutive budget year. Helping make that possible is an economic recovery better than the State or national average. Our unemployment rate is consistently lower than the state average. Our sales tax revenue is growing at almost double the statewide rate. Companies have invested another $100 million in new capital in Chatham already this year. The rating agencies recently affirmed our AA+ bond rating with Moody’s giving us a favorable outlook that could lead to an upgrade in the near future.

Related:
Commissioner Bock Blog