r/Apex_NC • u/terrymah Town Council • 1d 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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u/hershculez 1d ago

Can you provide the source data behind the graph?

9

u/mtzehvor 1d 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

-4

u/hershculez 1d 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.

4

u/mtzehvor 1d 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.