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Pender County study: residential properties demand most county services while agriculture produces large but outward-flowing income
Summary
At a May Pender County Planning Board workshop, Mark Seitz of NC State Extension presented an internal cost-of-community-services study and county trade "pull" factors showing residential property drives the bulk of county expenditures while agriculture generates substantial sales that are largely spent outside the county.
At a May workshop of the Pender County Planning Board, Mark Seitz, County Cooperative Extension Director for North Carolina State University, presented the results of an internally produced cost-of-community-services study and analysis of the county's trade “pull” factors.
Seitz said the study allocates county revenue and expenditures across residential, commercial and agricultural property types and compares Pender County with other counties. “We have a pull factor of about 0.77,” Seitz said, describing how much retail activity the county retains relative to nearby counties. He told the board that agriculture in 2023 generated about $238,000,000 in crop and livestock sales and that, when accounting for regional spinoff, that figure could imply well over $300,000,000 in economic activity.
The study, based on 2023 audited county finances, shows residential property makes up about 87% of the tax base by value, commercial about 6.6% and agriculture about 6.3%. Seitz reported county budget figures for the year used in the…
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