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Options for Expanding the Circuit Breaker Exclusion

May 23, 2022

Uniformity is a defining characteristic of our state’s property tax system. As I’ve written before, both our state constitution and the Machinery Act (the collection of state statutes that govern property taxes) require that all local governments across North Carolina … Read more

Sales Assessment Ratios Plummet

May 17, 2022

What a difference a decade makes.  In 2012, the country was a couple of years into its recovery from the “Great Recession” and real estate prices across North Carolina were still lagging behind their 2007 peak.  In 2022, the country … Read more