Largest budget in Town history at nearly $30M. $4M higher than current approved budget and roughly 50% greater than actual current budget. Twice the budget of 4 years ago...
Property tax rate increase of 18% and property tax revenue increase of 23%.
Budget document also calls for unspecified utility rate increases to make up for the Managers incompetence in managing the Towns wastewater project.
The Town of Oak Island Über Alles crowd is spending us into oblivion and the bill is coming due. 20% increase in property tax bills and $150 utility bills including the monthly assessment payment will only drive up the already too high foreclosure rate. This is government of the town employee, by the town employee, and for the town employee..
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