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According to a report by Kyle Peterson in April 4 edition of The Island Packet, Beaufort County is seeking an answer from the state attorney general's office on wether they would be able to adjust tax rates after next year's property-tax reassessment.
The article describes that in recent history, taxes are usually lowered to compensate for the rise in property-tax which are based in assessments of the land values every five years. When the next assessment rolls around next yea, however, the state will be taking-in significantly less money from those taxes because of the decline in property values. Beaufort County, therefore, might try to offset that loss by raising some other taxes.
Follow this link to read that article.
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