Tag: tax increase

Chatham County property tax bills likely to increase with proposed FY22 budget

Property tax increase

Pittsboro, NC – The Chatham County Manager’s Office unveiled the proposed fiscal year 2021-22 budget of $149.9 million at the May 3, 2021, meeting of the Board of Commissioners. The proposed budget is based on an adjusted tax rate of…

Pittsboro town board increases property taxes

The Town of Pittsboro passed a budget that raised town property taxes by six cents per $100 of accessed value. The new rate will go up to 0.3673 per $100 of assessed value. This represents a 20 percent property tax increase.