Tarboro NC – County may lower tax rate by 8 cents

The Edgecombe County property tax rate will be lowered 8 cents, down to 86 cents per $100 of property value, if the proposed 2009-10 budget is approved.

The $55.3 million budget for the next fiscal year is a nearly $600,000 increase over 2008-09’s $54.7 million spending plan. (Daily Southerner)