NORTH TOPSAIL BEACH, N.C. (WNCT) - The town of North Topsail Beach moves forward with their proposal to increase property taxes
Thursday night, the town approved a tax increase to 41 cents. It is six cents higher than the previous rate.
Town officials say the tax rate hike is necessary to recover from hurricane damage and fix the town's infrastructure.
Some homeowners oppose the idea saying taxes were already too high and they are struggling financially.
Others say the increase is necessary to clean up the town.
"I feel the tax hike wasn't that much and if it's going to help out after hurricanes and help us get the island back to where it was before the hurricane then I'm willing to pay," said Kath Baker, resident at North Topsail Beach.
The increase will go into effect in the next fiscal year.
The Town of North Topsail Beach, N.C. will hold a public hearing next Thursday evening regarding its 2019-2020 budget and a proposed tax increase.
The Town of North Topsail Beach says the public meeting will be held on Thursday, June 20, at 6:00 p.m. at the Sneads Ferry Library, located at 1330 NC-210.
Town officials say, due to hurricane damage and infrastructure needs, a proposed tax increase to $0.41 is being proposed. Six cents higher than its previous tax rate. The Town says a property valued at $300,000 would incur an additional $199.50 tax liability per year, if the tax increases.
At Thursday night's meeting, Town officials are seeking public comment on the plan.
Some locals say the tax rate is a necessity to help rebuild the town.
"I'm not opposed at all. I think the tax rate here in Onslow County and North Topsail Beach is very very reasonable," said Clay Thomas, resident at NTB.
Other residents oppose the idea saying taxes are too high and people remain in financial distress from the storm.
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