Collected and spent
In fiscal year 2024, Raleigh collected $513.2M in taxes and spent $500.8M.
Collected
$513.2M
Fiscal year 2024 · taxes
Spent
$500.8M
Fiscal year 2024
Where the money comes from
One tax.
Property tax
$0.355 per $100 of value
Source · City of Raleigh Finance — FY2025 Adopted Budget, City of Raleigh FY2024-25 property tax rate — 35.50¢/$100. Read on June 6, 2026.
Details
City of Raleigh FY2024-25 property tax rate — 35.50¢/$100 (= 3.550 mills); 100% AV. Combined Wake+Raleigh = 8.721 mills (effective ~0.87% on market). Source: raleighnc.gov FY2025 adopted budget + NC DOR 2024-2025 municipal tableWhere it goes
Seven service lines.
Public safety
$179.2M
This figure is a share of one printed line, split in the proportions the budget schedule gives.
Pensions and retiree benefits · past obligation
$73.0M
Debt service · past obligation
$67.6M
General government
$56.9M
Parks and recreation
$55.7M
Public works
$43.5M
Other
$24.8M
Bars in both tables share one scale. Hatched lines pay for past obligations, not current services.
Source · City of Raleigh, North Carolina Annual Comprehensive Financial Report For the Fiscal Year Ended June 30, 2024, Statement of Revenues, Expenditures, and Changes in Fund Balances — Governmental Funds. Read on September 16, 2026.
Details
City of Raleigh, North Carolina Annual Comprehensive Financial Report For the Fiscal Year Ended June 30, 2024, Statement of Revenues, Expenditures, and Changes in Fund Balances — Governmental Funds (page 7), General Fund column. Audited by Cherry Bekaert LLP, Certified Public Accountants. Prepared by the Finance Department, Allison E. Bradsher, Chief Financial OfficerWho decides
Not on file yet.
When decisions happen
Not on file yet.
How to reach it
Not on file yet.
Also on this tax bill
A Raleigh address pays these governments too.
On every bill in Raleigh
Sources
What it is
City of Raleigh Finance — FY2025 Adopted Budget, City of Raleigh FY2024-25 property tax rate — 35.50¢/$100. Read on June 6, 2026.
Details
City of Raleigh FY2024-25 property tax rate — 35.50¢/$100 (= 3.550 mills); 100% AV. Combined Wake+Raleigh = 8.721 mills (effective ~0.87% on market). Source: raleighnc.gov FY2025 adopted budget + NC DOR 2024-2025 municipal tableCollected
City of Raleigh, North Carolina Annual Comprehensive Financial Report For the Fiscal Year Ended June 30, 2024, Statement of Revenues, Expenditures, and Changes in Fund Balances — Governmental Funds. Read on September 17, 2026.
Details
City of Raleigh, North Carolina Annual Comprehensive Financial Report For the Fiscal Year Ended June 30, 2024, Statement of Revenues, Expenditures, and Changes in Fund Balances — Governmental Funds (page 7), General Fund column. Audited by Cherry Bekaert LLP, Certified Public Accountants. Prepared by the Finance Department, Allison E. Bradsher, Chief Financial OfficerSpent
City of Raleigh, North Carolina Annual Comprehensive Financial Report For the Fiscal Year Ended June 30, 2024, Statement of Revenues, Expenditures, and Changes in Fund Balances — Governmental Funds. Read on September 17, 2026.
Details
City of Raleigh, North Carolina Annual Comprehensive Financial Report For the Fiscal Year Ended June 30, 2024, Statement of Revenues, Expenditures, and Changes in Fund Balances — Governmental Funds (page 7), General Fund column. Audited by Cherry Bekaert LLP, Certified Public Accountants. Prepared by the Finance Department, Allison E. Bradsher, Chief Financial OfficerTaxes
City of Raleigh Finance — FY2025 Adopted Budget, City of Raleigh FY2024-25 property tax rate — 35.50¢/$100. Read on June 6, 2026.
Details
City of Raleigh FY2024-25 property tax rate — 35.50¢/$100 (= 3.550 mills); 100% AV. Combined Wake+Raleigh = 8.721 mills (effective ~0.87% on market). Source: raleighnc.gov FY2025 adopted budget + NC DOR 2024-2025 municipal tableTo act on what you have read
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