§ 105-347. Levy of property taxes. - North Carolina Statutes

Article25.

Levy of Taxes andPresumption of Notice.

§ 105‑347.  Levy ofproperty taxes.

Each year – not later than thedate prescribed by applicable law or, in the absence of specific statutoryprovisions, not later than the first day of August – the tax levyingauthorities of counties and municipalities shall levy on property rates oftaxes, not exceeding any constitutional or statutory limits, necessary to meetthe general and other legally authorized expenses of the taxing units. (1939,c. 310, s. 1400; 1971, c. 806, s. 1.)