Capping property tax rates in NC

RALEIGH, N.C. (WNCN) — North Carolina voters are currently deciding whether to approve a new constitutional amendment to cap property tax rates.

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Counties and municipalities across the state are already discussing potential ways to make up the difference in revenue while still providing necessary services.

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In episode 18 of Local Matters, CBS 17’s Russ Bowen sits down with Wake Forest mayor Ben Clapsaddle to explain the potential impact on the town. They also talk about a long list of things Wake Forest is planning for the fall.

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