How does Duke fit into Durham’s Property Taxes?

<span class="a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none">Property taxes are the largest source of municipal funding in North Carolina and it's the common denominator for economic tension in Durham</span><span class="a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none">. Budget shortfalls in Durham&rsquo;s school system, the doubling of tax bills in Black neighborhoods, and a coalition's demands for Duke University to show up as a better neighbor all converge on the issue of property taxes. In this report I describe key concepts related to property tax administration and explore patterns of tax exemption and tax burden in Durham, NC. I discuss recent increases in Durham&rsquo;s property tax rates and how Duke University is positioned to handle this increase in comparison to Durham residents. I end this report with potential avenues to rebalance the tax burden.</span>&nbsp;