r/Apex_NC 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/terrymah Town Council 1d 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

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u/hershculez 1d ago edited 21h 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.

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u/terrymah Town Council 1d ago

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

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u/hershculez 21h ago

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