News Release

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Town Council Adopts Fiscal Year 2025 Budget with No Property Tax Increase

June 5, 2024

The Hilton Head Island Town Council voted 5-1 on Tuesday, June 4, 2024 to approve the Town's $166.9 million consolidated budget for fiscal year (FY) 2025 on the second and final reading, funding priorities aimed at enhancing the quality of life for its residents. The fiscal year begins on July 1, 2024, and runs through June 30, 2025. 

"Through collaboration, organizational planning, and a commitment to our Town, we appreciate the Town Council’s adoption of a budget that serves the interest of our community. This budget encompasses the Town Council’s top 15 Strategic Action Plan priorities," said Town Manager Marc Orlando. "Remarkably, a high point of this budget is our ability to continue reducing our debt burden, which is attributed to our strong economic base and solid management of our resources."

The budget keeps Hilton Head Island millage rates low - currently at 21.4 mill - while advancing the Town Council's priorities of beach renourishment, growth management, workforce housing, solutions for traffic and transportation, infrastructure enhancements, economic development, resiliency, recreation, and public safety.

The consolidated budget comprises six funds:

General Fund of $60.9 million includes the Town’s basic operations, public safety and affiliated agency funding. It is primarily supported with revenue from property taxes, business licenses, local accommodations tax (ATAX) and permit fees. Funds are earmarked for:

Capital Projects Fund of $74.4 million supports work that will enhance the quality of life for the community. Priority programs slated in FY2025 are:

Stormwater Utility Fund of $7.5 million provides resources to protect our Island from flooding, protect watersheds, and sustain our water quality. Priorities for FY2025 are:

Housing Fund of $4 million provides funding to implement the Town Council adopted Workforce Housing Framework, Finding Home, including:

Debt Service Fund of $16.7 million accounts for accumulation of resources (property taxes, transfers in of beach preservation fees, hospitality taxes, natural disaster fund and tax increment financing fees) to pay interest and principal on general long-term debt obligations and special revenue debt obligations. The fund:

Gullah Geechee Historic Neighborhoods Community Development Corporation Fund of $3.4 million supports the continuing operation of the organization and community investment through revitalization of economic opportunity and quality of life for our historic neighborhoods. Approved by the organization’s board, the budget:

"The budget supports our policies and programs and will help us to continue delivering high-quality public services for our residents, businesses, workforce and visitors. On behalf of the Town Council, I thank our Town Manager and Town staff for the work they did to prepare this budget that will contribute to the prosperity of Hilton Head Island," said Mayor Alan Perry.

The FY2025 consolidated budget, video recordings of the budget meetings and workshops, and presentation files from each meeting are available on the Town’s website at The community is encouraged to follow the Town on FacebookYouTube, and LinkedIn for updates on budgeted strategies. 

Note: To view this news release in Spanish or other native languages, choose your appropriate language from our dropdown menu on the upper right side of our website page.

Nota: Para ver este comunicado de prensa en español u otros idiomas nativos, visite y elija el idioma apropiado de nuestro menú desplegable en el lado superior derecho de la página de inicio del sitio web.

Marc Orlando, Town Manager