County tax rate likely to rise 13 cents

By Jon Hawley

The Daily Advance

2 Comments | Leave a Comment

Pasquotank County’s property tax rate will be going up next year, but not above what’s needed to generate the same amount of tax revenue as this year.

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Comments

This is not good news for economic development

or the citizens of Pasquotank County.

Living Beyond Your Means

It is more and more obvious that we are living beyond our means in Pasquotank County. We are having to borrow money to meet our basic requirements and needs. As commissioners, having the ability to raise taxes does not mean that you should do it every year. If county property values fell, that means there was an economic shift somewhere and county services may need to be adjusted downward also. A lack of money in circulation could be the cause and raising taxes will not increase the property tax value or put more money in circulation.

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