NOTE: Chatham County's fiscal year begins July 1st and ends June 30th. Please click here for Chatham County's current 2016 tax rates.
Overview of the Budget Process & Tax Billing
Budget Process: Each county agency or department submits an annual operating budget to the county manager. The County Manager's Office uses this information, along with the budget priorities of the Board of Commissioners, to develop a proposed county budget. The Board of Commissioners reviews the proposed budget and conducts a series meetings and hearings on the budget. Citizens are encouraged to attend the public hearings to provide input in the budget process. Citizens also serve on panels that make recommendations on nonprofits that will receive county grants.
While this process seems simple, it is not. Many hours are spent analyzing departmental budgets and county programs to achieve a budget that will provide the most cost-efficient services to the citizens of Chatham County.
Tax Rate: By the end of June each year, the commissioners must adopt the budget and the new tax rate, effective July 1. The total value of all taxable property in the county is called the tax base. The budget divided by the total tax base = the county property tax rate.
Municipalities & Fire Districts: A similar process is completed for each incorporated municipality (Siler City, Pittsboro, Goldston & Cary) and each fire district. Once the tax rates are established, taxpayers receive a consolidated tax bill using the tax rate for the district in which you live. For example, if you live in Moncure (not an incorporated town), you are in district #105 and your tax bills will include the county tax rate and the Moncure fire district rate. However, if you live in Pittsboro, you also would have to pay the tax rate adopted by the town's elected board. The tax bill is determined by multiplying the tax rate by each $100 of your property's tax value.
Tax Bill: Tax bills for real and personal property are usually mailed in August. If you haven't received a bill by September 1, please call our office at 919-542-8250.