How does Wake's 2006-07 property tax rate compare with other counties' rates?
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A: At $0.6340, Wake County has the lowest tax rate of the largest school districts in the state; Cumberland, Forsyth, Guilford and Mecklenburg all have higher property tax rates. Wake also has the second lowest tax rate of surrounding counties; Durham, Franklin, Granville, Harnett, Johnston and Vance counties' tax rates range from $0.066 more to $0.286 more than Wake County's rate. WCPSS outperforms all of the other major school systems on virtually every indicator in North Carolina at a local cost per student below most other urban and neighboring districts.
Compared to the largest school districts in the state, Wake County has the lowest tax rate.
Tax Rates
2000-01
2001-02
2002-03
2003-04
2004-05
2005-06
2006-07
Cumberland
$ 0.9000
$ 0.9250
$ 0.9250
$ 0.8800
$ 0.8800
$0.8800
$ 0.8800
Mecklenburg
$ 0.7300
$ 0.8397
$ 0.8397
$ 0.7364
$ 0.7567
$ 0.8368
$ 0.8189
Forsyth
$ 0.6745
$ 0.6400
$ 0.6920
$ 0.6920
$ 0.7080
$ 0.6660*
$ 0.6660
Guilford
$ 0.6372
$ 0.6742
$ 0.6742
$ 0.7135
$ 0.6184
$ 0.6428
$ 0.6615
Wake
$ 0.5640
$ 0.5640
$ 0.5640
$ 0.6040
$ 0.6040
$ 0.6040
$ 0.6340
*Forsyth County went through revaluation in 2005-06.
Wake County also has the second-lowest tax rate of surrounding counties.
Tax Rates
2000-01
2001-02
2002-03
2003-04
2004-05
2005-06
2006-07
Vance
$ 0.8400
$ 0.8400
$ 0.8800
$ 0.9000
$ 0.9000
$ 0.9200
$ 0.9200
Durham
$ 0.9297
$ 0.7290
$ 0.7530
$ 0.7630
$ 0.7900
$ 0.8090
$ 0.8090
Franklin
$ 0.8800
$ 0.9450
$ 0.9995
$ 0.9995
$ 0.7900
$ 0.7900
$ 0.7900
Johnston
$ 0.8500
$ 0.8500
$ 0.8500
$ 0.7800
$ 0.7800
$ 0.7800
$ 0.7800
Harnett
$ 0.7300
$ 0.7600
$ 0.7600
$ 0.7350
$ 0.7350
$ 0.7350
$ 0.7350
Granville
$ 0.7350
$ 0.7750
$ 0.6350
$ 0.6350
$ 0.6350
$ 0.7000
$ 0.7000
Wake
$ 0.5640
$ 0.5640
$ 0.5640
$ 0.6040
$ 0.6040
$ 0.6040
$ 0.6340
Chatham
$ 0.8500
$ 0.6464
$ 0.6464
$ 0.6464
$ 0.6464
$ 0.5970*
$ 0.5970
*Chatham County went through revaluation in 2005-06.
Source: North Carolina Association of County Commissioners; http://www.ncacc.org/