Friday, May 24th, 2024

No Property Tax Increase Needed In High Point

The city council of High Point’s 2024-25 Proposed Budget includes a 6.9% increase in property tax revenue.

The first paragraph of the Proposed Budget (page MM-1) states “The $518M budget is balanced” and “increases the property tax rate 3.0 cents to 64.75 cents per $100 of property value.”

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