In the mid-1990’s (more than 30 years ago) developers renovated the old cotton mill on Capital Blvd. A tax break was available at that time to incentivize the preservation of the cotton mill rather than demolishing it. In exchange for officially listing the cotton...
Mayor Baldwin and her City Council majority including Jonathan Melton, Stormie Forte, Corey Branch and David Knight, who are all running for re-election, implemented a tax break policy for developers known as a “Tax Increment Grant” or TIG. Despite Baldwin’s claim otherwise, it can cost the City of Raleigh 5 million dollars in tax rebates every year FOREVER.
During their term in office, Mayor Mary-Ann Baldwin and City Councilors have raised your taxes by nearly 22% and Council's pay by 82%.First, some background facts: Mayor Baldwin and City Council took office in Dec 2019. Each spring the council approves a budget for...