Raleigh mayor hopes downtown growth can keep property taxes from spiking

After several years of property tax increases, Raleigh Mayor Janet Cowell fulfilled one of her campaign goals earlier this year when she passed a city budget that raised salaries for city workers and police while not raising property taxes.

Why it matters: Wake County’s property valuations soared in 2024, and Cowell told a group of reporters that she hears frequently from residents who are feeling the pinch from taxes, especially for retired residents on fixed income and in neighborhoods like Southeast Raleigh…

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