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Home Ports and Shipping

Some taxpayers concerned about port money bill

byCustoms Today Report
22/05/2015
in Ports and Shipping
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BRUNSWICK COUNTY (WWAY) — The General Assembly is looking at a bill that would give millions of tax dollars to the NC Ports Authority. But some taxpayers are concerned about Senate Bill 217. Toby Bronstein is with Save the Cape INC. which is an organization concerned with environmental issues.

She says they are concerned about the bill that would give an annual $35 million dollar subsidy to the State Ports Authority. “We think that is outrageous,” Bronstein said.

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Bronstein says one of their issues with the proposed bill is the Ports Authority’s mission statement which mentions a goal of being self-sustaining. But now they are looking at millions of state tax revenue.

“With a 35 million dollar perpetual subsidy for the Ports Authority which is also how much they make in a year. That’s hardly being run as a business, that’s just a massive bailout,” Bronstein said.

Bronstein says she lacks confidence in the Port’s Authority. She says after millions were spent on the still undeveloped Southport Port, it’s hard to trust this move.

“They haven’t done a single study, they didn’t look at whether the area could support the port, they went and bought the land for $30 million and pursued rather aggressively building a port,” Bronstein said. Senator Bill Rabon is sponsoring the bill and he says he trusts the people with the Ports Authority.

“The Port’s Authority knows what needs to be done and this is the right direction to go,” Rabon said. We reached out to the Ports Authority for comment, but a spokesman said everyone was in the Raleigh today for the “Ports Day” with the General Assembly and unavailable to talk.

Tags: concernedport money billSome taxpayers

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