Since we have so many number crunchers. Why dont we look at this number.
The City of Durham received over 300 million dollars in additional real estate development surrounding their new Ball Park. Using Wilmingtons proposed real property tax estimate for the coming year we can determine about 1.2 million additional annual revenue to the city. Maybe some one out there can give some estimates on increases to the city in sales tax revenue. Another might offer an opinion on Occupancy Taxes revenues. It was recently released that the Brunswick County Jet Port was named the number 10 small community airport in the state of NC. The estimated annual revenue impact by this facility to Brunswick County is 69 million dollars. One might think that a multi use sports complex in one of North Carolinas largest cities might do as well as a rich boys toy storage facility in the back woods of Brunswick County.
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