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Town Budget

State Of The Town:

Town Budget doubled in four years to $30 million.

Town Property Tax revenue increase of 23%.

Unspecified wastewater rate increase.

Wastewater System cost increased to at least $150 million.

Decision to not partner with Brunswick County in 2002 more than doubled Wastewater System costs and resulted in a three plus year delay in completion (see Holden Beach.)

Flawed Wastewater System engineering leading to increased risk of cross contamination of water system and significantly less maintainable system.

Continuing property owners declaring bankruptcy and being foreclosed upon in significant part due to increased costs of Town government.

$150 monthly utility bills when 10 year assessment payments added in.

That must be impressive to you... I don't pretend to speak for the others let alone the majority of Oak Island residents and property owners and neither should you.


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