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Erosion on Fripp Island

Fripp Island Real Estate

This Article was written By Page Miller

Fripp Island real estate

John Lee

 

When still faced with increasing erosion the PSD, which operated with tax revenues, faced a critical financial situation. It had two major debts to pay off: one on a $280,000 bond for the construction of the water system and the other a 1970 loan from the states sinking fund to combat erosion. In a November 1971 the letter to all Fripp island taxpayers, the PSD on it out that the island did not have a sufficient number of water subscriptions to absorb the operating cost of pumping and delivered water; this made the mill rate for Fripp taxes the highest in the County. And to make matters worse, the water system needed additional work. By 1975 the PSD reported receiving $45,000 in tax revenue from the county treasury but $30,000 of that amount went towards servicing debts. Because of the financial constraints, the PSD could assume only a limited role in the battle in the sea. Fripp Island Real Estate

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