Carolina Beach revenue to drop despite higher tax rate

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Submitted: Wed, 06/13/2012 - 2:37am
Updated: Wed, 06/13/2012 - 3:49pm

CAROLINA BEACH, NC (WWAY) — Carolina Beach Town Council held a public hearing on the budget proposal for the 2012 – 2013 fiscal year. They adopted a 16.1 million dollar budget calling for a tax rate of 23.5 cents per $100. That’s up from from the current rate of 17.5 cents, but town leaders say it’s actually a decrease of sorts.

Mayor Ray Rothrock says the council set the rate lower than the revenue neutral rate of 26.21 cents. Because of falling property values, this will bring the town about $400,000 less than last year.

1 Comment

  • cintrek62 says:

    How about this budget cut-have the police officers drive their own cars to work then pick up the police vehicle to begin their work day. It costs the CB taxpayers a great deal of $$$$ to allow the officers to drive the police vehicle home, especially the trucks, which some live off St. Andrews Dr in Wilmington & even farther then that. Think about the fuel costs to the town that can be cut if the police vehicles are left at the beach & any other town vehicles left at the office & the individual drive their own car & receive the average .36cents/mile like I did when I worked in mental health. The town leaders need to rethink how they can cut back on their own before increasing taxes. Tighten the belt buckle yourself & do without just like the rest of us.

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