A proposed constitutional amendment involving property taxes is drawing attention across Moore County as leaders from Southern Pines, Aberdeen, and Pinehurst discuss what it could mean for local governments and taxpayers.
The issue was recently addressed during a meeting of the Tricities planning group, a regional partnership made up of elected officials and staff from the three municipalities. Their discussion focused on House Bill 1089, legislation recently ratified by the North Carolina General Assembly that could eventually place new limits on property tax increases.
The Southern Pines property tax reform debate centers around a constitutional amendment that voters may see on the November ballot. If approved, the amendment would allow the General Assembly to establish limits on how much local governments can increase property taxes on real estate.
What Does the Property Tax Reform Proposal Do?
The proposed amendment does not establish a specific cap on property tax increases. Instead, it would add language to the North Carolina Constitution directing lawmakers to create laws that limit how much property tax levies can grow.
Supporters say the proposal is designed to help homeowners who have experienced rising tax bills due to significant increases in property values during recent countywide revaluations.
In some areas of North Carolina, property values have increased by 50 percent or more, leading lawmakers to explore ways to provide tax relief and greater predictability for homeowners.
Why Are Southern Pines Officials Concerned?
While many residents support efforts to control taxes, local leaders say the proposal raises questions about local control and financial flexibility.
Southern Pines Town Manager Reagan Parsons told members of the Tricities group that communities across North Carolina have different needs and financial circumstances. Some municipalities rely heavily on property tax revenue to support police and fire departments, road improvements, parks, recreation programs, and other essential public services.
Southern Pines officials have previously adopted a resolution opposing the proposal, arguing that local governments are in the best position to determine how services should be funded.
Parsons also noted that many municipalities in Moore County have historically adjusted tax rates following property revaluations in an effort to remain close to revenue neutral.
What Happens Next?
The proposal is expected to remain a topic of discussion throughout the year as lawmakers continue reviewing property tax reform options.
If the constitutional amendment reaches the November ballot, voters across North Carolina will ultimately decide whether to give the General Assembly additional authority over future property tax limits.
The outcome could have long-term implications for communities like Southern Pines, Aberdeen, Pinehurst, and other municipalities throughout the Sandhills region.
Additional information on House Bill 1089 and legislative activity can be found through the North Carolina General Assembly at https://www.ncleg.gov.
Stay connected to Star 102.5 and Sandhills News for continuing coverage of issues impacting Moore County residents and taxpayers.
