Report: Ocean Shores Sees Revenue Increase In 2021

Wednesday, April 27, 2022 at 10:13 AM

Including a 20 percent increase real estate excise tax.

A recently released report from the city of Ocean Shores says overall, the city saw a revenue increase in 2021. According to numbers released in the April edition of “The Shores Insider”, the city saw increases in most categories including a 20 percent increase real estate excise tax, a 15 percent increase in gasoline taxes and a 16 percent in hotel/motel taxes. One area that saw a a decrease in revenue was building permits. City leaders say that may be partly to blame on the increased price of building materials since right after the state of the pandemic.

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Report: Ocean Shores Sees Revenue Increase In 2021

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