The Town Council of Dewey Beach will take up a proposal tomorrow night to impose its first property tax.
David King, chair of the Budget and Finance Committee, said the resort was losing ground in finding revenue for its budget.
The Wilmington News Journal reports that like most coastal communities Dewey Beach benefited from the building boom and created a surplus of more than $2 million.
Most of the money for the resort’s local government comes from the transfer fee paid when real estate is sold, building permits and fines.
Dewey Beach residents already pay an annual beach assessment but cannot deduct that from their state or federal taxes.
King said under his committee’s proposal they would be able to do so with the property tax.
