Brunswick County Commissioners approve new budget with no tax rate increase

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By Sharon Chance

BOLIVIA –Brunswick County Commissioners unanimously approved the $263,244,600 budget for the 2019-20 fiscal year during the Monday, June 18, regularly scheduled meeting.

The ad valorem tax rate will remain 48.5 cents per $100 of property for the fifth consecutive year. The $152 million school bond approved by county voters in 2016 was an overriding factor in recommending a lower tax rate. If calculated at a tax rate of 45.05 cents, the budget would have placed the county on a revenue neutral ground.

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