The Pitt County Board of Commissioners knew to expect a grim year economically as the ongoing national recession and sluggish recovery conspire to diminish revenue collection. Members received a more thorough review of those figures last week when County Manager Scott Elliott outlined a potential $6.3 million deficit in the coming budget year.
In recent years, commissioners have pushed Elliott to craft a budget of austerity, one that tightens belts and uses savings in an effort to delay any increase in the county’s already high property tax. Such an approach can be employed no longer, as the expected day of reckoning looms for this board as it seeks to close that gaping hole in the county budget.
The board set an ominous tone about this year’s budget process from the start by holding an information session last week, months earlier than normal. Elliott wanted some direction on how board members wished to proceed in a particularly perilous fiscal year, one in which revenue collections have declined and the revaluation of property could abruptly change residents’ tax bills.
For the complete article, please pick up a copy of The Daily Reflector or purchase today’s electronic edition at http://www.reflector.com/circ-store. Current home delivery and electronic edition subscribers may log in to access this article at no charge. To become a subscriber, please click here or contact Customer Service at (252) 329-9505.











Comments
Greed + deregulation = revenue crises
The lowered property tax revenues reflect the unprecedented number of foreclosures going on both locally and nationally. What we are seeing is the very real fallout of the years of relaxed bank regulations combined with greed and unwise incentives from the very top to provide loans to those who couldn't afford them. Laws preventing bundling and securitization by the banks could have gone a long way in nipping this problem in the bud.
what is being done to find delinquent taxpayers !
What is being done to track down past due taxpayers ? if revenue was down at the end of the last year -- where is all that money ? What action is the County taking to ensure everyone is paying their share. I have been a property owner for over 20 years in Pitt County and want to see the tax office get aggressive. I understand times are tough for many of us, be we all know we must pay our property taxes. Or maybe that is not the case anymore!
Editorial: County at budget crossroads
Folks think about the employees, once again faced with cuts and positions not being filled, these workers will be put in another stage of extra workloads with not enough time nor energy to complete in a professional and timely manner.County positions are a blessing with their insurance coverage and other benefits. That is the reason a lot of staff remain despite the increasingly constraints of the budgets. My Prayers go toward the employees. Hang in there, here you go again.!
Crossroads
The question now is will they sell their souls to the devil?
Add comment
Mom reveals simple wrinkle trick that has angered doctors...
www.ConsumerLifestyleMag.com
New York Stock Options
Trade Binary Options. Get 50% Deposit Bonus or $25,000 Demo Acct.
www.NYStockOptions.com
53-Year-Old Mom Looks 27
Follow this 1 weird tip and remove 20 years of wrinkles in 21 days.
SmartConsumerMagazine.com
Mortgage Rates Hit 2.50%
If you owe under $729k you may qualify for 3.01% APR Govt Refi Plans.
www.Refinance.LowerMyBills.com