Southern Pines preliminary budget sees tax rate remaining steady
SOUTHERN PINES — The Town of Southern Pines Council met Tuesday, May 10, where they went over their preliminary budget for fiscal year 2023 and continued public hearings from their last meeting. The Town of Southern Pines saw a tax base growth of 5% which means that the town received enough income to keep their property tax rate at $0.40 for another year, which it has remained at since 2017-18. “Bottom line, all current service levels are maintained, property tax rate is held at $0.40, obviously we continue to move money towards capital assets and facilities, the rainy day fund…
