Long Term Gains: Helton Gets an Aberdeen Tax Break

Convening for its first full meeting since being sworn into office, newly elected Mayor Mike Bennett and the Aberdeen City Council voted unanimously Monday night to approve a 10-year tax break for a property owned by Art Helton - the Democratic former state senator who masterminded Bennett’s triumphant ascent.

While Enterprise Zone tax credits, 10-year phased reductions in taxes due on properties located in specially designated areas like Route 40, are certainly not unique, it is unusual the city council would act so swiftly after the Nov. 6 election to approve Helton’s tax break. Continue reading Long Term Gains: Helton Gets an Aberdeen Tax Break