Posts Tagged "Budget"
KDH opts for 1-cent tax increase in new budget
Kill Devil Hills commissioners have approved a $12 million operating budget that includes a tax increase of 1 cent per $100 of value.
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Mayor’s bid to delay tax increase is rejected
Mayor Bob Oakes made a last-minute pitch to put off a 2-cent townwide tax hike and instead dip into savings to start paying for beach widening.
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Kill Devil Hills plans to examine taxing options
Options Kill Devil Hills commissioners are considering to balance the budget is a tax increase to maintain its cut of shared county revenue.
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Tax rate unchanged in county budget proposal
Dare County would not raise taxes and spend less than one percent more next year under a proposed budget unveiled Monday.
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Budget includes wave power study
The General Assembly has included $2 million in the budget for the Coastal Studies Institute to research using the ocean to produce power.
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Budget bill includes full plastic bag ban
A total plastic bag ban on the Outer Banks is included in the $19 billion budget signed Wednesday by Gov. Bev Perdue. It expands the ban to all retailers on the barrier islands.
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Dare County stands firm on 2-cent tax increase
Saying there was nowhere else to cut, a majority of Dare County commissioners endorsed a 2-cent property tax rate increase to balance a $99 million budget.
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Southern Shores OKs 4.25-cent tax increase
Southern Shores has approved a $5.8 million budget that includes a 1.25-cent tax increase for operations and another 3 cents to build a capital improvement fund. With a budget scorecard.
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Kitty Hawk balances budget without a tax increase
Kitty Hawk will tap into savings rather than raise its property tax rate to balance a $6.4 million budget. The Town Council unanimously approved the budget Monday night.
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Weird math
As a former English major, I have a hard time understanding the math behind how they carve up the proceeds of various taxes in Dare County.
Dare leaders receive $99 million budget
Describing the worst economy since the 1940s, Dare County Manager Bobby Outten recommended what commissioners asked to see: a $99 million budget with a 2-cent tax increase.
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Some question timing of Southern Shores tax plan
Years of low tax rates have put Southern Shores in a financial bind, several speakers acknowledged Tuesday, but now is not the time for a 4.25-cent increase to make up the difference. Other said they were willing to pay.
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