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Understanding Brunswick County's Sales Tax Referendum and Property Tax Rates

Explore how Brunswick County's population, student demographics, and economic trends impact its property tax rates. Learn about historical ad valorem tax rates and the budgeted estimates for FY15.

teagan-vazquez
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Understanding Brunswick County's Sales Tax Referendum and Property Tax Rates

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  1. Sales tax referendum Property Tax Rate and Schools Overview

  2. Brunswick County’s Population

  3. Student Population

  4. Brunswick County Economic Overview: Assessed Valuation The County experienced exponential growth in its ad valorem base in FY08 Revaluation Year *Budgeted NOTE: Revaluation of taxable property, required by NC State statutes at least every eight years, occurred at January 1, 1999, 2003 and 2007, and is reflected in the property values for the years ended June 30, 2000, 2004 and 2008. The County’s reassessment occurs every four years. Source: Brunswick County

  5. Brunswick CountyHistorical Ad Valorem Tax Rate Tax Rates Have Remained Low and Stable Revaluation Year NOTE: Revaluation of taxable property, required by NC State statutes at least every eight years, occurred at January 1, 1999, 2003 and 2007, and is reflected in the property values for the years ended June 30, 2000, 2004, 2008 and 2012. The County’s reassessment occurs every four years. Source: Brunswick County

  6. Analysis of General Fund Budget Requests

  7. Current Tax Rate 0.4425 FY 15 estimated value of 1 cent $ 2,361,220

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