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Tax office reports about 53.3% of budgeted collections; Duke Energy dominates utility tax base
Summary
Tax office staff told commissioners the county had collected roughly 53.3% of the budgeted levy to date, listed refunds/releases and exemptions, and said public utility valuations rose this year with Duke Energy accounting for $36.6 million of the utility tax base.
Richard Brim, presenting the monthly tax office report on Sept. 23, told the Stokes County commissioners the office had collected about 53.3% of the year’s budgeted taxes to date and summarized categories of releases and refunds.
Brim listed four categories: releases less than $100 (18 accounts totaling $497.51), refunds less than $100 (three accounts totaling…
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