North Myrtle Beach leaders on Monday, June 23, gave final approval to the city’s $211.9 million budget for the upcoming fiscal year.
The budget does not include a property tax increase this year, though city manager Ryan Fabbri said during the city’s annual budget retreat meeting that a property tax increase may be needed in the next fiscal year.
In fiscal year 2026, property tax millage will remain at 45 mills on each $1,000 of assessed property value. Property taxes are the largest revenue source for the city, expected to be $27.2 million, a drop from 2025’s estimated $28.3 million…