Wake County residents will see higher tax bills in July after the county commission passed its budget and a higher tax rate Monday.
The new tax rate will cause a $90 increase in the tax bill on a $450,000 home, the median assessed value across Wake County.
The additional funds contribute to a nearly $2.3 billion budget for fiscal year 2027, an approximately 5.4% increase over last year’s nearly $2.2 billion budget…