KNIGHTDALE — Town leaders approved a budget last week that keeps most required payments the same for residents, save for fees set by the city of Raleigh.
The annual vehicle tag, storm water, garbage and recycling fees all stayed the same, but water and sewer service costs will increase 7 percent, to keep pace with increases Raleigh is charging its customers.
That rate will mean Knightdale water customers pay one of the highest water and sewer charges in the county, behind Wendell and Zebulon.
Knightdale’s property tax rate will stay at 43 cents per $100 valuation, still the lowest in eastern Wake County. Wendell residents pay a 49-cent property tax and Zebulon residents will be paying a 52.5 cent property tax rate, a slight increase from last year.
Zebulon has one of the highest property tax rates and annual water and sewer charges in the county.
Homeowners in Knightdale would pay about $827 in property taxes for a $192,500 home, the average cost of a home in Knightdale.
For the average household in Knightdale, water and sewer fees would rise to a little bit over $80 a month up from $74.40 this year, the town’s Finance Department estimated.
Keeping the property tax the same may be a relief for some residents who were anticipating an increase after the state made changes to localities’ privilege taxes.
Recently passed legislation requires that towns only charge privilege taxes to businesses physically located within town limits. Privilege taxes are fees associated with operating certain businesses.
Next fiscal year, the tax will be completely repealed, taking about $87,500 in revenue away from the town, Finance Director Jimmy Overton estimated.
It’s less than 1 percent of the town’s $11 million budget.
For incoming developers, the town has to increase a few fees to keep up with the City of Raleigh’s increases.
For new lots, water and sewer tap, inspection and meter installation fees were increased by 2.57 percent. That money is passed on to Raleigh, which raised its rate by the same amount.
All other development fees stayed the same.
While required payments stayed consistent for residents, some non-required fees did see an increase.
Most of those fees were in the parks and rec department, which increased admission prices for the community pool, rental rates for the pool and clubhouse and adjusted rates for amenities at Knightdale Station Park.
New fees, both required and non-required, go into effect July 1.
Hankerson: 919-829-4826; Twitter: @easternwakenews