Guilford County commissioners have spent much of the last six years increasing county budgets, expanding programs and finding ways to bring in more tax revenue.
However, if North Carolina voters approve a proposed constitutional amendment on Tuesday, Nov. 3, the Democratic-controlled Guilford County Board of Commissioners could find that its ability to keep increasing property tax collections is suddenly facing some serious restrictions.
The amendment would require the North Carolina General Assembly to enact laws limiting how much local governments can increase the total amount of property taxes they collect. Just how much those increases would be limited is something voters won’t know when they cast their ballots…