Property Tax
Each year, as part of the City's budget approval, the City Council sets a tax rate which is used to establish property taxes for the next fiscal year. The total value of all the taxable property is known as the City's tax base.
Property taxes for the City of Raleigh are billed for and collected by the Wake County Revenue Department. Their consolidated bill is normally mailed in July or early August and includes the county taxes, the city taxes, and a vehicle decal fee. The 2007 tax rate for Wake County is $ .678 for each $100 in value. The City tax rate is $ .435 per $100 valuation, and the City's vehicle decal fee is $25.00 per vehicle.
In addition, the City Council maintained a municipal service district for the downtown at a tax rate of $ .0786. The special service district rate combines with the City's rate of $ .435 for a total of $ .5136.
For a more complete listing and historical view of Wake County and municipal tax rates, as well as many other services provided by Wake County, please visit the Wake County home page.
For More Information Contact:
Robin Rose
Revenue Manager
Finance Department
222 West Hargett Street, Room 118
Raleigh, NC 27601
919-890-3200
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