Unique Local Tax Credit Plan Continues

By Mark Phelps

February 1, 2006
Taxes, Airports

A plan implemented last year to offset the city and county tax burden on airplane owners at Pitt-Greenville (N.C.) Airport has attracted more aircraft owners to the airport. The Greenville City Council and Pitt County Board of Commissioners each unanimously voted to continue funding this year for a stimulus plan that provides about $150,000 in credits to aircraft owners. The two governments will split the cost equally.

City and county taxes amount to $1.26 per $100 of an airplane’s tax value, according to tax documents. There are currently about 75 aircraft based at the field.

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Unique Local Tax Credit Plan Continues

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