The levy imposed on actual property inside a selected North Carolina county funds important native providers reminiscent of training, public security, infrastructure upkeep, and county administration. This cost is often calculated based mostly on the assessed worth of the property and expressed as a share or greenback quantity per $100 of valuation. For instance, a charge of 0.75% would imply an annual tax of $750 for a property assessed at $100,000.
Steady and predictable income streams generated via these levies are essential for native governments to take care of service ranges and plan for future wants. Historic knowledge on these charges can present insights into native authorities fiscal insurance policies and financial developments. Understanding how these charges are decided, collected, and utilized gives residents with worthwhile context for taking part in native governance and making knowledgeable selections concerning property possession.
