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Shallotte prepares to reduce spending in strained economy

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By Staff Brunswick Beacon

SHALLOTTE—Town aldermen are attempting to arm this year’s budget against the recession by making it easier to reduce spending.

At the recommendation of the N.C. League of Municipalities, the town has moved 8 percent of its budget, nearly $550,000, to a reserve fund in case of a revenue shortfall.

According to a memo from the league’s Web site, “The League advises municipal officials to consider reducing expenditures for the current fiscal year in the expectation of lower consumption-based revenues” to keep up with the economic downturn.


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The Brunswick Beacon | circulation@brunswickbeacon.com | 910-754-6890
P.O. Box 2558, Shallotte, NC 28459
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