The Special Downtown Tax District covers about 20 blocks in Downtown Lenoir and is overseen by Downtown Economic Department. The tax rate for the Special Downtown District is currently $0.25 cents per $100 valuation. City Council approves the tax rate when it approves the city budget.
Special Downtown District Funds
Revenue raised via the Special Downtown District funds about 25% of Downtown Economic Development's budget. The remainder of the department’s budget is funded via General Fund Revenues.