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Asheville Asks - What is the connection between the Buncombe County property re-evalution and the City of Asheville budget? - The City of Asheville
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Asheville Asks - What is the connection between the Buncombe County property re-evalution and the City of Asheville budget? - The City of Asheville
What is the relationship between the Buncombe County property re-evaluation and the City of Asheville tax rate? In 2026, Buncombe County is reappraising property values for the first time in five years. Because of this revaluation, North Carolina law requires the City of Asheville to calculate and announce a “revenue neutral tax rate.” This neutral rate shows the tax rate needed to bring in the same total amount of property tax money next year …
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