4:56 am on Wednesday March 13, 2013
| Posted by Ken Hawkins | References The Island Packet
City of Beaufort may raise taxes if property values drop
Sometimes lower property values aren't a good thing: Beaufort County property tax revenues are expected to fall during the next property reassessment, and the City of Beaufort expects it will have to raise the city's taxes to make up between $350,000 and $500,000. That hike could target property owners or businesses, or the city may have to cut services and jobs.