Property Taxes
Morrisville home-owners pay a property tax bill each year, based on the value of their home. This value is assessed by the
Wake County Revenue Department.
Town of Morrisville
For Fiscal Year 2011 (July 2010 - June 2011), Morrisville's tax rate remained set at 36.65 cents per $100 of value. This money pays for services like:
|
Fire Protection
Street Maintenance
Police Protection
Land Development
|
Parks & Recreation
Cultural Resources
Building Inspections
Solid Waste Collection
|
|
Wake County
For Fiscal Year 2011 (July 2010 - June 2011), Wake County's tax rate was set at 53.4 cents per $100 of value. This money pays for services like:
|
Human & Health Services
Libraries
Emergency Management
Animal Control
|
Elections
Libraries
Public Schools
Public Safety
|
|
Sample Tax Bill
If your home is worth $200,000 (as assessed by Wake County), your tax bill would look something like this:
| Wake County |
$200,000 |
x |
$0.534 |
= |
$ 1,068 |
|
| Town of Morrisville |
$200,000 |
x |
$0.3665 |
= |
$ 733 |
|
| |
|
|
Total Bill |
= |
$ 1,801 |
|