Notice is hereby given that the Town Manager’s proposed budget for fiscal year July 1, 2025 – June 30, 2026, has been presented to the Town of Duck Council. The Town Council of the Town of Duck will conduct a PUBLIC HEARING on the proposed budget in the Town of Duck Meeting Hall located at 1200 Duck Road on Wednesday, May 7, 2025, at 1:00 p.m.
A copy of the proposed budget is available for public inspection in the Town Clerk’s Office, Monday through Friday from 9:00 a.m. until 5:00 p.m. and online by clicking here.
All interested persons are invited to make written or oral comments. A summary of the proposed budget follows:
Section 1: General Fund
General Fund Revenues
General Fund Revenues
Ad Valorem Taxes (1) $5,566,115
MSD Taxes $1,024,119
Local Government Sales Tax $1,800,000
Real Estate Transfer Tax $375,000
Occupancy Tax $1,900,000
Grants $52,686
ABC and Beer & Wine $93,000
Utility Taxes $420,000
Permits and Fees $177,000
Interest and Asset Sales $325,000
Transfers $788,025
Debt Proceeds $0
Fund Balance Appropriated $385,300
Other Revenue $217,600
Total Revenues $13,123,845
In accordance with North Carolina General Statutes, notice is given that, following the revaluation of real property in the Town of Duck, the statutorily calculated revenue neutral tax rate is $0.1555 per $100 value. This proposed budget is balanced using an ad valorem tax rate of $0.18 per $100 value.
General Fund Expenditures
Governing Body $177,124
Administration $460,329
Finance & Human Resources $260,127
Legal $66,720
Information Technology $186,706
Police $2,475,817
Fire $2,084,727
Ocean Rescue $783,723
Communications & Special Events $539,206
Community Development $399,796
Inspections $270,627
Public Facilities $862,916
Streets & Highways $268,433
Sanitation $1,501,225
Environmental Protection $1,378,825
Transfers $1,305,655
Contingency $101,894
Total Expenditures $13,123,845
Section 2: Beach Nourishment Capital Reserve Fund
Beach Nourishment Capital Reserve Fund Revenues
Transfer from General Fund (MSD Tax Revenue) $1,024,119
Transfer from General Fund (Restricted Sales Tax Revenue) $281,536
Fund Balance Appropriated $0
Total Revenues $1,305,655
Beach Nourishment Capital Reserve Fund Expenditures
Transfer to General Fund $788,025
Reserved for Future Expenditures $517,630
Total Expenditures $1,305,655