A look at North Myrtle Beach

NORTH MYRTLE BEACH

E-Mail

Print 0 comments Reprint or license

Text Size:

tool goes here

North Myrtle Beach officials are expecting this year to be about the same as 2009.

"We think revenues will be stable with some slight growth potential," City Manager John Smithson said. "We are hopeful that there will be increased building activity, with some modest increase in commercial growth. We are also hopeful that we are beginning to see an upturn and return in confidence in our tourist economy."

In addition, city officials are not expecting to see much growth in revenues this year and are taking the same approach to balancing the city's budget as they have in the previous budget year.

Similar stories:

Conway’s budget picture better than last year

Conway’s budget picture better than last year

Conway’s two-day budget retreat gets under way early Thursday afternoon, and council members sitting around tables at Santee Cooper’s conference center in Pinopolis won’t be facing the same bleak outlook as they did at last year’s session.
S.C. lawmakers: Budgets won’t return to 2007 high

S.C. lawmakers: Budgets won’t return to 2007 high

The leaders of South Carolina’s Republican-controlled legislature said Thursday they will not use an additional $913 million in revenue to boost agencies’ budgets back to pre-recession levels, and agencies should not expect to add back employees after years of cuts.
Cities, counties want extra $70 million from state

Cities, counties want extra $70 million from state

South Carolina’s local governments want an extra $70 million from state taxpayers next year, but some state representatives don’t want to give it to them.
Coast RTA: Ridership up, fares down

Coast RTA: Ridership up, fares down

The Coast RTA’s ridership is up 31 percent but revenues are lagging by almost $225,000 eight months after receiving additional funding from Horry County, according to a presention at Friday’s Horry County Administrative Committee meeting.
Myrtle Beach budget remains about the same as last year’s

Myrtle Beach budget remains about the same as last year’s

The city of Myrtle Beach will have about $153.6 million to spend in the 2012-13 fiscal year, and will not increase property tax rates to balance its budget.

"We are expecting revenues to stay flat with only slight increases," Smithson said.

"We also do not see evidence of a recovery in multifamily construction. There may be come recovery in single-family and commercial construction.

"We are approaching our budget as we did in our current year," Smithson said.

"We are trying to match expenditures with revenues, continuing to cut back as we need to, while meeting essential service demands."

- Janelle Frost

The Sun News allows readers to comment on stories as a privilege; the views expressed in story comments are not those of the Sun News or its staff. Readers are required to adhere to all commenting policies, and must avoid commenting behavior such as personal attacks, libelous posts or inappropriate remarks. Users in violation of The Sun News' commenting policies can have their comments blocked, removed, and/or ultimately see their account banned from the site. Some comments may be reprinted in the newspaper. Registered user names will be posted with comments.
The Sun News Terms & Conditions and Commenting Policies can be reviewed here.

Connect with Us: