Friday, May 20, 2011

Currituck County budget keeps property taxes the same for 2010

Ahh, a piece of good news, NO TAX INCREASE. Credit (somewhat) County officials fiscal responsibility. Also, don't forget to thank the visitors we invite here every year whose occupancy and sales tax payments keep the county fiscally afloat without having to reach deeper into our own pockets. They provide a living to most residents as well. This particular luxury is often forgotten by residents when they are stuck in traffic, going 25mph in a 45mph zone, grocery store is all sold out, etc...

Below is an article for the Daily Advance on the budget proposal.


No tax hike in Currituck budget

By Cindy Beamon

Staff Writer

Thursday, May 12, 2011

CURRITUCK — A draft spending plan for Currituck County includes no property tax increase and some big-ticket purchases for water and sewer upgrades, economic development, and a new emergency communications system.

During a budget work session Wednesday, County Manager Dan Scanlon recommended no change to the county’s 32 cents per $100 valuation tax rate.

If approved by commissioners, the tax rate would remain the same it’s been since 2005 when the county revalued property. For a property owner with land valued at $100,000, taxes would remain at $320 next year.

Scanlon is also recommending the purchase of a new $4 million communications system over the next two years. The 800-megahertz system would replace towers and update equipment for law enforcement, emergency services and other county offices, he said.

To pay for the upgrade, the county could suspend saving $1 million each year for new school buildings over the next two years, Scanlon said. He said the school system has no immediate building plans, and the upgrade is needed because of “critical public safety concerns.”

Another shift in funding would create new dollars for economic development incentives. During the budget work session, Currituck commissioners agreed to shift $2 million earmarked earlier for county land purchases and farmland preservation to a new economic development fund.

For the past 10 years, the county has saved $100,000 toward a federally supported program for preserving farmland. However, no farmer has taken advantage of the program over the past 10 years, Scanlon said. The program essentially allows farmers to sell their rights for developing their property.

Now, the $1 million in reserves and annual $100,000 payments once earmarked for farmland preservation would be used to extend water or sewer lines or install new fire hydrants. Commissioners said the county could “sweeten the deal” for new businesses to locate in Currituck by offering those incentives.

The budget draft would also include allowances toward big infrastructure projects in Moyock, Maple and the Currituck Outer Banks.

Scanlon has proposed using the county’s portion of the state sales tax to pay for roads and stormwater drainage at the new Maple Commerce Park. Prepping the site will allow the county to market the property to potential businesses, he said.

The county has also earmarked funds for a new wastewater treatment plant to serve the commerce park, the new YMCA/Community Center, and the surrounding area. The low bid for the plant set its construction cost at $1.94 million.

The proposed budget also allocates funds for designing a new aviation training facility in the same area. The county recently announced plans to partner with College of The Albemarle in building the facility near the county airport on U.S. Highway 158.

In addition to improvements in Maple, the county budget also includes financing plans for user-paid water and sewer systems on the Outer Banks and in Moyock.

In Moyock, the county has begun design plans for a new $3.3 million sewer system to serve businesses at the northern end of the county along N.C. Highway 168. On the Outer Banks, the county is considering options for replacing the aging Ocean Sands sewer system at an estimated cost of $13 million. The county plans to borrow money for the upgrades, but users — not other taxpayers — will be responsible for paying back the debt, Scanlon said.

In addition, the county is awaiting approval from the state Utility Commission for its purchase of two water systems on the Currituck Outer Banks. That $5.5 million purchase would make the county the sole water-provider for the area. The county is also planning a $5 million upgrade of its reverse-osmosis plant to serve the new customers. Water customers will be expected to pay the cost for the water system purchases and upgrade, Scanlon said.

During Wednesday’s work session, Scanlon said he will formally present his recommended budget in June after receiving input from commissioners.