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Tax administrator reports strong collections, board approves 2024 settlement and tax-collection charge; revaluation update notes sales-ratio mandate
Summary
Tax Administrator Leslie Young reported a 99.25% collection rate for tax year 2024 and presented the statutory settlement; the board approved the settlement and charged the tax collector to collect the 2024 levy. Young also briefed commissioners on vehicle and boat registrations and flagged a sales-ratio below the North Carolina Department of Reven
Leslie Young, Craven County tax administrator, presented the statutory settlement for tax year 2024 and briefed commissioners on collection performance and valuation trends on July 21.
Young told the board the net levy for 2024 was $59,752,810.82, approximately $1.1 million higher than the previous year, and that the county collected $59,269,444.01. She reported a collection rate of 99.19% as of June 30 and said the collection rate that morning was 99.25%. Young…
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