Asheville City Council Approves New Property Tax Rate Following State Changes to Assessment Rules

Asheville -- July 17, 2026: The Asheville City Council has approved a new property tax rate after recent changes in North Carolina law required local governments to calculate taxes using older property values instead of the county's newly completed reappraisal.During its meeting this week, the council voted 4-2 to adopt a revised property tax rate of 50.78 cents per $100 of assessed property value. The previous rate was 37.69 cents per $100.While the higher tax rate may appear to signal a tax