Holden Beach budget proposes water/sewer rates up, taxes steady

Holden Beach town manager David Hewett presented a $10.25 million budget at the town board’s regular meeting in town hall June 11.

The tax rate would remain 12.7 cents on every $100 of property valuation on a $1.2 billion tax base.

The tax collection rate is anticipated at 96.7 percent, based on actual collection rate for fiscal year 2012.

The budget would include a $2.4 million operating fund, $4 million water and sewer fund and $2.1 million Beach, Parks, Access and Recreation Tourism (BPART) fund.

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