2015 - Time to Act

Lastly, the ocean continues its relentless push to the west. The 23+ miles of Currituck’s ocean beaches are the primary source of attraction and tax revenues to Currituck County, but they are steadily eroding away.  Are the mainland taxpayers prepared to absorb the tax burden of the loss of oceanfront homes over the next 20 to 30 years?  Will the taxpayers be comfortable with a crash effort started five to ten years from now to avert further property value collapse?  Or should the County begin now to prepare for the inevitable? There are demonstrated technology and political solutions to reverse the trend, but they are on a scale that, in Currituck, only the County can manage.   If you start now with a serious planning and savings effort you can send a positive message to investors that can help support property values, even in advance of beach restoration, given the security of knowledge that the County is prepared to manage the situation.

Corolla LIght beach crowding.jpeg
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Ed Cornet

Ed Cornet, PhD, is a long time Currituck resident in Corolla. He has over six years of service as a member of the County's Economic Development Advisory Board and the Land Use Plan Steering Group. His business career was in high-tech industries and as a Partner of Booz Allen Hamilton. He has served on several corporate Boards. After retiring from business Ed was a Professor in the Kenan-Flagler Business School of UNC Chapel Hill where he established the STAR Program guiding MBA students to help NC businesses.