Our Legislature authorized (7) seven counties-Dare, Currituck, Chowan, Camden, Pasquotank, Perquimans and Washington the authority, with voter approval, to implement the 1% Land Transfer Tax. All were successful except Washington County. Their referendum has been defeated two times.
I sent the following request to the Managers of the six counties who have implemented the 1% Land Transfer Tax…
“ Will you please provide a short “statement of effect” as to how the 1% L.T.T. is benefiting your county as a revenue source for capital improvements and the status of your...