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Dare County leaders set revenue-neutral tax rate as residents voice concern over reassessments
Summary
Commissioners said they plan to lower the county tax rate to a revenue-neutral figure after a countywide property revaluation; residents at public comment urged reconsideration and were directed to the appeal process.
Dare County commissioners said the board intends to adopt a revenue-neutral property tax rate this budget cycle while residents at the meeting raised concerns about recent revaluations that increased individual tax bills.
The board’s chairman said the county aims to lower the county tax rate to offset higher assessed values so the county’s overall tax take will remain roughly the same; several residents said the increase will hit households hard and asked the county to reconsider the methodology or offer relief.
Chairman Woodard said the board conducted a lengthy budget workshop and is “committed to a revenue-neutral rate” and…
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