Erwin Residents Could Soon Be Paying A Higher Property Tax Rate. Town Leaders Have Proposed A 33-Cent Hike To The Current $1.07 Cent Rate In Order To Help Eliminate A 640-Thousand Dollar Shortfall In The 2015-16 Budget. The Proposed Increase Will Raise The Towns Property Tax Rate To $1.41 Per $100 Of Assessed Value. A First Reading Vote On The Proposed Spending Plan Is Set For July 20th With A Second Reading Vote And Public Hearing Set For July 27th.