Capital needs & budget highlight Commissioners Retreat

Capital needs & budget highlight Commissioners Retreat

The Currituck County Board of Commissioners annual retreat on Feb. 3-4, 2023, was a productive meeting in which topics related to the county budget and capital needs over the next five years were discussed.

A main capital need for Currituck County is a new elementary school to serve Moyock. The county has purchased land on Tulls Creek Road as a site for a new school and during the Board’s discussion, it was noted that project would cost approximately $50 million. Commissioners and county staff discussed options to fund the new school, including loans and possibly a property tax increase.

Among other capital items discussed by the Board were new fire engines requested by multiple fire departments and the need for a second Fire-Emergency Medical Services station in Moyock. The Board also discussed the need to expand the Moyock convenience center or build a second center in Moyock, construction of the Corolla ABC store, construction of a Public Works building, ongoing replacement of public beach access walkovers in the Whalehead subdivision, replacement of the Carova Beach bulkhead, replacement of the Walnut Island playground, and HVAC replacement at Historic Whalehead.

Commissioners received a financial presentation from staff on the county budget, revenues, and expenditures. The data included projected revenues from the collection of property, sales, and occupancy taxes. Currituck County is fortunate to have very little current debt, which positions it well for future school construction and other capital needs.

The Currituck County budget and annual financial reports are available on the county website at https://currituckcountync.gov/finance/.