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Chapel Hill Council opts for no tax hike

Posted on June 14, 2007June 14, 2007 by Staff

The Chapel Hill Town Council on Monday voted not to increase taxes for the 2007-08 fiscal year.

The municipal property tax rate will remain at 52.2 cents per $100 property valuation. This is the third year in a row that Chapel Hill has not increased the tax rate.

Orange County has proposed a tax rate of 94 cents, an increase of 3.7 cents. For a $200,000 home, the owner would pay about $2,920 in municipal and county taxes combined.

Town Manager Roger Stancil had recommended a tax increase of 1.9 cents, but the council requested budget changes to maintain the tax rate.

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