8legs: Franklin county board of supervisors

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Franklin County considering two tax rate increases

Franklin County is considering increasing real estate taxes by up to seven cents per $100, potentially raising the average homeowner’s bill by about $250 annually.
Officials say the real estate tax would fund education needs, including large capital projects the schools require.
The meals tax would rise from 4% to 6%, putting all county restaurants in line with the town of Rocky Mount.
Restaurant owner Gina Young says the higher meals tax could reduce customers and hurt local businesses.
Residents on fixed incomes worry the real estate tax increase would be a financial burden.
Public hearings are set for April 14 with a final vote on April 21.
County officials say the rate adjustments are needed to keep up with inflation and fund schools.
Finance concerns include underfunded schools and aging school HVAC systems.
County supervisors could use new revenue for school funding and economic development.
Public input includes concerns about impact on restaurants and fixed-income residents.

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