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Sunset Beach Town Council will have its monthly meeting at 7 p.m. Monday, June 30, to vote on the town’s proposed budget, which takes effect July 1.
No new tax increase is being projected for the 2008-2009 fiscal year budget.
The tax rate for the proposed $5,785,436 budget is 9.5 cents per $100 of valuation, compared to the current 11.5 cents.
The new, lesser rate is expected to cover all of the town’s projected operating anad maintenance expenses and capital expenditures while returning $200,000 to the fund balance.
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