WILMINGTON, NC (WWAY) -- A bill that would keep people who live in Monkey Junction from having to pay six months of Wilmington taxes took its first step today.
Sen. Thom Goolsby (R-9th District) says the bill cleared the Senate Finance Committee with a unanimous vote. It now moves to the floor of the Senate for a vote.
Wilmington annexed about 1,000 acres of Monkey Junction in January 2012 after a court ruling found that changes the General Assembly made to annexation laws were unconstitutional. However, the General Assembly later passed a law that requires cities to get approval from a majority of property owners before involuntary annexations can go forward. Monkey Junction residents overwhelmingly opted out of the annexation.
City projections estimate the six months Monkey Junction was in the city generated about $100,000 in tax revenue.