Town of Nags Head May 7, 2025 Budget Presentation

Nags Head Town · May 7, 2025

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Opening and meeting logistics

Presentation

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Presenter opened the session to present the recommended budget, announced a budget workshop scheduled for May 21 and a public hearing on June 11, and said the budget materials and a brief explanatory document would be posted on the town website.

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Town staff presented a recommended FY budget that proposes a 22-cent per $100 assessed-value tax rate (a 1.13-cent increase above the revenue-neutral rate) to help cover higher property values after revaluation, rising health insurance costs and inflation; a public hearing is set for June 11 and a workshop for May 21.

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Transcript

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