Property Tax

Property Tax  At the county level, Boards of Commissioners have the ability to lower or property tax rates in North Carolina. Municipalities also have used property taxes to fund local services. Property taxes have long been used to fund education in other...

Local Sales Tax

Local Sales Tax  Counties can increase their local sales tax by one-quarter of a penny provided that the public approves the increase by referendum. The ballot cannot say how the funds will be used, but the county commissioners can adopt a resolution that...

A Bond for Early Childhood Infrastructure

Bond for Early Childhood  Local governments can issue bonds to secure funding for capital projects to build new or renovate existing facilities. Bonds are debt obligations by municipalities and counties. Investors purchase the bonds that are paid back by a...

Item in a Municipal or County Budget

Item in a Municipal or County Budget  A municipal (town, village or city) or county budget allocates funds to departments or functions. For example, the budget will provide a specific amount to the County Department of Social Services. Local governments cannot...