Posts Tagged "Budget"
Manteo places a bet in regional budget poker
Manteo leaders will consider a 2-cent tax increase as a hedge against the possibility of losing $50,000 or more in shared annual revenues.
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Nags Head still wrestling with tax question
Nags Head is trying to guess what other towns will do because the distribution of sales, occupancy and land transfer tax revenues is based on property tax rates.
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Nags Head plan would raise taxes a penny
Nags Head’s town manager recommended a 1-cent property tax increase in a proposed budget Wednesday that still projects revenue down 4.24 percent.
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Two-cent tax hike is looking more likely for Dare
With the central budget question boiling down to pay now or pay later, Dare County commissioners moved closer Monday to a 2-cent property tax increase.
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County workers will take a hit with no tax hike
Without a tax increase, the county would have to freeze 13 vacancies, lay off six to 10 employees, impose five furlough days equaling a 1.92 percent pay cut and take away a 1 percent employer 401k retirement fund match, the county manager says.
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Dare faces $4.1 million budget gap
Faced with a $4.1 million budget gap, Dare County commissioners tip-toed around the question of a tax increase Monday, then decided to regroup next week. The Board of Commissioners will have to decide on a tax increase, budget cuts or both.
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