Twenty Largest Taxpayers for Fiscal Year 2006-2007

Name

Type of Enterprise

Assessed Property Valuation

Tax Levy

Lorillard Tobacco Company

Cigarette Manufacturing

$272,938,416

$1,678,571

Koury Corporation

Real Estate Development

248,530,144

1,528,460

RF Micro Devices, Inc.

Service Communications

181,864,823

1,118,469

Duke Energy Corporation

Electric Utility

177,436,821

1,091,236

Starmount Company Real Estate Development

163,176,808

1,003,537

Highwoods/Forsyth Ltd.

Real Estate Development

147,826,600

909,134

Proctor & Gamble Mfg. Co.

Chemicals

146,260,937

899,505

Bell South

Service Communications

124,437,076

765,288

GGP Four Seasons LLC Real Estate Development

123,000,721

756,454

TYCO Electronics (AMP, Inc.)

Electronics Manufacturing

110,346,794

678,633

Lincoln National Corp. Insurance

107,167,663

659,081

Stockhausen, Inc.

Specialty Chemicals

101,660,160

625,210

Koury Ventures LTD

Real Estate Development

95,309,474

585,153

URDT of North Carolina LLC

Real Estate Development

68,669,078

422,315

VF (Wrangler)

Textile Manufacturing

67,868,100

417,389

Colonial Pipeline Co.

Petroleum Carrier

63,168,408

388,486

Wal-Mart Stores Inc.

Retail

61,094,059

375,728

Syngenta (Novartis, CIBA)

Research & Development

58,979,643

362,725

Harris-Teeter

Food Distribution

58,482,629

359,668

Greensboro Auto Auction, Inc.

Automobile Auctioneer

51,247,601

315,173

Totals

$2,429,465,955

$14,940,215