GREENVILLE, N.C. (WNCT)- Tax payers in Pitt County will soon see a tax increase after county commissioners voted to start a bond selling process.
The 19.9 million General Obligation Community College Bond is for Pitt Community College.
And last night, commissioners voted to continue the process of selling the bond which is set to raise taxes.
Pitt County Manager Scott Elliot said the referendum will have to go before the voters, “Basically, the county is pledging the taxing authority, the county, to pay off the debt.”
That means, beginning July of 2016, taxpayers will see a $1.85 increase. The money will be used for PCC’s campus in order to construct a 72,000 square foot science building and a Basic Law Enforcement Training facility.
President Dr. Dennis Massey said he’s excited for the additions, “Oh, it’s going to be a great service to not only our credit students. Of course, we have a growing demand for our areas in bio-technology with the addition of pantheon to our community employer, and in all the sciences.”
Voters first approved it in a 2013 referendum and, in a 8-1 vote, they decided the process would continue.
Commissioner Glenn Webb was the lone “no” vote toward selling the general obligation bond.
“The projects that they are funding are valid projects, they’re needed projects,” said Commissioner Glenn Webb. “My opinion was that we needed to fund those things through the general funds and make some plans to make that happen, instead of doing a 1.85 cent tax increase.” He says with the property re-evaluation next year, the $1.85 may increase even more.
Although the vote was approved last night, tax payers won’t see the increases take place until July 2016.