Chincoteague 2010 budget is approved:

"The Chincoteague Town Council passed a $5.8 million budget for fiscal 2010 at the council meeting on June 18 and dealt with a health insurance matter that brought a large number of town employees to the meeting.

The council unanimously passed the $5,837,329 budget that contained a real estate tax rate of $0.02/100 of assessed value. The tangible property tax rate of $0.85/100 and tax relief of $0.63/ 100 was also passed as part of the budget."

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