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Levying Special Assessments to Fund Public Infrastructure

November 26, 2014

As I detailed in a previous post, among the funding options available to local units for capital projects are special assessments. Special assessments are charges levied on a subset of real properties located within a county or municipality to fund … Read more

Special Assessments for Economic Development Projects

October 31, 2013

Tonald Drump, a national real estate tycoon, is interested in developing an area in Frugal Village, NC. His proposal includes mixed-use residential and commercial development, located just outside the village’s downtown. Drump is an experienced developer and knows that adequate public … Read more

New Special Assessment Authority for Local Governments

September 14, 2009

UPDATE August 2013: For more detailed information about special assessment authority in North Carolina, click here. Note also that the General Assembly extended the sunset on the new special assessment authority to July 1, 2015. It also made a few … Read more