Proposed Wake Forest budget includes 1 cent tax increase – Restoration NewsMedia

Thursday, May 25, 2023

By John Trump | on May 24, 2023
WAKE FOREST— The Wake Forest Board of Commissioners continues to discuss the town’s $110,309,395 budget for fiscal 2023-24, and the plan raises property taxes by 1 cent. The tax rate will increase from $0.495 to $.505 per $100 of assessed property value, due to the four part 2022 bond referendum Wake Forest voters approved last November, Town Manager Kip Padgett […]

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