The Dare County Board of Commissioners has adopted the FY 2026–2027 budget, delivering welcome news for property owners throughout the Outer Banks: there will be no county property tax increase.
Effective July 1, 2026, the county's property tax rate will remain at 26.32 cents per $100 of assessed value, helping preserve stable ownership costs while continuing to fund the essential services residents depend on.
Highlights of the Adopted Budget
- $145.6 million general fund budget
- $46.6 million allocated to public safety
- $33.06 million dedicated to education, including additional support for Dare County Schools
- 3% cost-of-living increase for county employees
- No increase in the county property tax rate
The budget also includes a planned 4.5% annual water rate adjustment for unincorporated Dare County water customers to support future infrastructure and replacement needs.
For homeowners and prospective buyers, this budget reflects Dare County's commitment to balancing fiscal responsibility with continued investment in the services and amenities that contribute to the area's exceptional quality of life.
Whether you're searching for a primary residence, vacation home, or investment property, understanding local developments like these can help you make informed real estate decisions.
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