Day: May 13, 2021
Asheville projects higher taxes for budget priorities
The proposed tax rate of 41.3 cents appears lower than the current rate of 42.89 cents, explained city Director of Finance Tony McDowell. However, the median tax bill will still go up from $995 to $1,215 — more than 22% — due to the 27% increase in median property value for Asheville residents assessed by this year’s Buncombe County revaluation.
