Property Tax Levy Limit Could Hurt Budgets In Small Counties
NC NEWSLINE - Tyrrell County Manager David Clegg watched closely last week as lawmakers debated the merit of a constitutional amendment to limit the rate at which local governments' can increase property taxes. Clegg says voter approval of a levy limit will rob the tiny, rural county of 3,000 residents of desperately needed tax revenue. With a budget of approximately $10 million a year, the county runs on one of