The news is good - our adopted Morrisville budget is based on a tax rate of .3665 per $100 of valuation. That rate is just slightly below revenue neutral, a long way from the 19% tax hike that appeared imminent 10 days ago.
We now have a tax rate that is competitive with Cary's and a budget that will maintain the level of town service we've come to expect.
Thanks go to members of Morrisville Action and all Morrisville residents who took the time to write, phone and speak out. Thanks are also in order to our elected officials. They can be reached by email at MayorandCommissioners@ci.morrisville.nc.us
Friday, June 27, 2008
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