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Back You are here: Home Opinion Opinion Section Letters to the Editor Kure Beach Property Value Down, But Tax Bill Increased!

Kure Beach Property Value Down, But Tax Bill Increased!

Dear Editor, I can't believe the people of Kure Beach are not outraged with the Town Council raising the tax rate 62% from 16.25 cents to 26.15 cents per $100 of property valuation during this recession, depression, economic downturn, etc. The idea, I thought, was to stay revenue neutral whatever that convenient term means. Property value went down $60,000 and my taxes went up $400 dollars. Help!
James Duke,
Kure Beach, NC