An annexation by the Town of Cary would mean an increase of $0.33 per $100 valuation of property.
For a $300,000 house this would mean an increase of $990 per year. (Note: This is in addition to $0.564 Wake County tax rate that you would continue to pay. )
The current fire district rate of $0.09 per $100 would fall away as you would be covered by Cary's municipal fire and police services.
The comes to $720 annually ($60.00 monthly).
Note: Example taken from Cary's letter to residents announcing Phase I annexation resolutions of intent were approved by the Town Council. Total figures may differ per household based on Federal, State Income tax deductions.
Water and Sewer. Annexation by Cary means that if Cary's infrastructure (water & sewer) is extended into your neighborhood, you could apply for connection to these.
Residents of Cary that choose not to connect to city water and sewer pay a $3 monthly charge for the ability to be connected to these service (note that the Town of Cary cannot force you to connect if your well and septic tank are functional [Click here for Cary's extension and connection policy]. If they fail, and Wake County certifies that you cannot replace these, you will have to connect).
Cary has quoted the average cost of connecting at around what you'd have to pay for a new well / septic system. They range from approx. $2,000 if your property is adjacent to city infrastructure to probably $10,000 and more if you are removed from a main street.
Additionally, you may be required to connect to city water and fill in your old well if a sewer extension is installed within twenty-five feet of your well, costing approximately $2,000 (assuming you are connecting to city sewer infrastructure).
From the Town of Cary website: "In the event that a resident requests sewer service only and the resident is
not required to connect to the Town water system, the resident will be
required to install a meter on their well or other source of water for the purpose of
sewer billing."
"In order to minimize public health and safety risks, such as septic failure,
well failure, inadequate water supply for fire protection or substandard water
quality from well water, the Town Council may order utility extensions into
unserved areas without a request of the property owners in the area."
Connection to Cary's water (click here for current Cary water rates and follow this link for Town of Cary Water Facts) and sewer system (click here for current Cary sewer rates) will cost approx. $28 per month for water and approx. $24 per month for sewer (estimates are based on Draper Aden Associates' 2003 North Carolina Water & Wastewater Rate Report) for a total estimated average utility bill of $52 per month.
Note that this doesn't take into account the water restrictions in effect for residents of the Town of Cary.
Trash Collection. As resident of Cary you will be able to have the town collect your garbage and recycleables for a cost of approx. $14 per month. (Click here for more information on Town of Cary solid waste collection).