It may be time for a property tax increase in Carter County. Budget Committee members met Thursday night to continue discussing the terms of next fiscal year’s budget, which includes a possible property tax increase and cuts for non-profit organizations.The current county property tax rate is $2.03 per $100 of assessed value. The potential rate increase has dropped to 27 to 28 cents after the county received American Rescue Plan (ARP) funding, according to Budget Committee member Bob Acuff.