Residents in parts of Lenoir County are invited to meet officials from three volunteer fire department districts who are asking county commissioners to raise their individual fire tax
All tagged taxes
John Hood: Sales Tax to Fund State Highways
When the North Carolina General Assembly enacted its budget revision for the 2022-23 fiscal year, it contained a major change in how the state funds roads.
City of Kinston settles lawsuit with Howard Dudley for $850,000
The City of Kinston must pay $850,000 toward a $1,850,000 settlement to Howard Dudley who was indicted in 1992 on charges of first-degree sexual offense and taking indecent liberties with a minor. He was convicted after a two-day trial. The $850,000 settlement has been paid out of the General Fund. According to the FY 2021-2022 City of Kinston budget, one penny on the tax rate equates to $136,350 in the General Fund. The City of Kinston raised property taxes by $0.04 per $100 of valuation in the 2021/2022 budget.
BJ Murphy: Kinston City Council can make amends Tuesday evening
Sadly for the second year in a row, the Kinston City Council has sought these personal increases, yet this year's discussion is distracting from the fact that they are also raising property taxes. The cost to the taxpayers if approved would be $670,000. Despite the fact the Kinston City Council has already voted on their increases, they could amend the budget tonight, by stripping the salaries and allowances back to the FY20 funding and passing a revised budget.
Tax policy shapes migration flows
North Carolina is a popular destination for those seeking to make a new life in a new state. According to a tracking report by United Van Lines, we ranked sixth in the nation for inbound migration during 2020.
John Hood: Corporate tax should be priority
North Carolina state government is headed into the 2021-22 fiscal year with nearly $5 billion in unanticipated revenue and unencumbered savings. Even after making critical deposits into the state’s rainy-day fund, reserve for repairing and renovating state buildings, and other accounts, there’ll be enough money left on the table to start a fight.
John Hood: Picking winners Is for losers
Taxing the income, sales, or property of a business is a means of paying for government services associated with that business activity. It pays for police, courts, and other means of protecting property and adjudicating disputes. It pays to train current workers and educate future ones. It helps pay for local streets and other infrastructure.
PUBLIC NOTICE: City of Kinston Notice of Public Hearing FY 2020-2021 Budget
The public is hereby advised that per G.S. 159-12, the City Manager has submitted the proposed budget for the City of Kinston for FY 2020-2021 to the Mayor and the City Council. The City Council will hold a public hearing on the proposed budget during their regularly scheduled meeting on Monday, June 15, 2020 at 7:00 pm, or as soon thereafter as may be heard, in the Council Chambers at City Hall, 207 E. King Street, Kinston, North Carolina or via remote communications technology.
Snow Hill town budget passes with no tax increase
Snow Hill’s town budget was passed unanimously on June 10, devoid of property tax increases, water and sewer rate hikes.
Proposed Lenoir County budget increases property taxes
The proposed Lenoir County budget will provide for courthouse repairs and new voting machines, while increasing property taxes in the county.
Pink Hill: Nine things to know about the 2018-19 Pink Hill budget
The annual Pink Hill town budget went into effect on July 1. Here’s what you need to know about it.