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Commissioners keep ad valorem method for distributing local sales tax
Summary
After a presentation on two statutory options, the board voted to continue using an ad valorem (property-value) formula rather than a per-capita split when allocating county local sales taxes to municipalities and taxing districts.
The Halifax County Board of Commissioners adopted a resolution to use the ad valorem method of distributing local sales and use tax revenue for fiscal year 2025/26 after hearing an overview from county attorney Glen Rawlins.
Rawlins explained the two statutory distribution options available under state law: a per-capita method (which prorates distributions to municipalities by population) and an ad valorem method (which prorates distributions by the taxable property base of each municipality versus the rest of the county). He said Halifax…
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