Moore County Hospital District adopted a tax rate that will raise more taxes for maintenance and operations than last year’s tax rate. the tax rate will effectively be raised by 15.42% and will raise taxes for maintenance and operations on a $100,000 home by approximately $30.57
The MCHD Board of Directors voted on September 28, 2022 and approved a reduction of the tax rate from prior year from 0.246770/$100 of value in 2021 to 0.228680/$100 value in 2022. This was a 7.3% decrease in the tax rate from prior year.
Average Homestead taxable value increased from the prior year from 128,637 in 2021 to 143,228 in 2022, which was a 11.34% increase
Tax on average homestead increased from the prior year from 317 in 2021 to 327 in 2022, which was a 3.15% increase.
Total tax levy on all properties increased from prior year from 5,935,395 in 2021 to 6,871513 in 2022, which was a 15.77% increase.
As such;
Moore County Hospital District adopted a tax rate (0.228680/$100 value) that will raise more taxes for maintenance and operations than last year’s tax rate. the tax rate will effectively be raised by 15.42% and will raise taxes for maintenance and operations on a $100,000 home by approximately $30.57.
The definition of Maintenance and Operations for the Hospital District include indigent and charity care. The recent construction and renovation was not funded by tax revenue.
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