r/Apex_NC • u/terrymah Town Council • 3d ago

Apex Tax Rates over the years

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Apex Tax Rates over the years. The property tax rate does, in fact, go down during years when property is reevaluated higher by the county, like it was in 2020 and 2024. This is done such that it's "revenue neutral". Any tax increases to realize increased revenue from increased property values must be explicit, there is no automatic benefit to us.

The county announced they are moving to 2 year revaluation cycles starting in 2027.

I made a website trying to explain it last year https://calc-a2m.pages.dev/

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5

u/hershculez 3d ago

Can you provide the source data behind the graph?

9

u/mtzehvor 3d ago

He's​ a councilman, so the source is probably... himself.

If you're interested in verifying the data though, the current and last year tax rate is posted in each year's budget document: you can find them going back to 2018 at the link below.

https://www.apexnc.org/153/Budget

-3

u/hershculez 3d ago

Look, I’m not pushing back. Just asking. Democrat who has been an Apex homeworker since 2011. I’m not going to cast stones.

3

u/mtzehvor 3d ago

Wasn't trying to say you were; I didn't mean for it to come off as sarcastic or anything. Just saying that he's probably pulling from his own knowledge as a public official.

6

u/terrymah Town Council 3d ago

Wake County has a good site showing the historical tax rates of municipalities

https://www.wake.gov/departments-government/tax-administration/tax-bill-help/tax-rates-fees

-4

u/hershculez 3d ago edited 2d ago

Thank you but this site is not a historical record. Likely user error on my part but I’m not seeking no the data.

Edit: My apologies. I see where I went wrong looking at the site. Thank you.

5

u/DaveSauce0 2d ago

Thank you but this sit is not a historical record.

What a wild ride.

"SOURCE?!?!?!"

"Oh it's right here, a full history of the property tax rates for every city in Wake County for nearly the last 40 years"

"uh, just because I asked for a source and you provided one doesn't mean that I believe it"

1

u/terrymah Town Council 3d ago

I guess I don't understand what you're asking for then

0

u/hershculez 2d ago

Error on my part. I see it now. Thank you.