Shallotte aldermen discussing 2009 budget

SHALLOTTE—Aldermen are discussing a possible budget for fiscal year 2008-2009 that would hold the tax rate at 27 cents per $100 valuation of property.

The proposed budget includes slightly less revenue than the current year, but still in the neighborhood of $4.1 million, while expenditures are expected to increase nearly 2 percent.

The board met last Wednesday to discuss the proposal and was scheduled to meet at 3 p.m. May 28 for another budget session.

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