Sequestration expected to impact Havelock

Published: Wednesday, February 27, 2013 at 04:27 PM.

"Those employees are going to pay their mortgages and car payments," he said. "That 20 percent is money that won’t be spent at area restaurants and retail businesses."

That in turn could impact revenue of local cities and counties. As an example, bookings at the Havelock Tourist and Event Center could drop, as there is less money for big parties or conventions.

"We’ve held a date for them, but if they don’t come, how in the world do we expect full payment," said Lee Tillman, finance director of Havelock.

The sequestration comes at a time when city leaders are working on the 2013-14 budget.

"I’m just concerned if we see a lagging in the payments, if consumers go to Walmart less and go to McDonalds less and we see a decrease in sales tax and then if this goes on for 22 weeks and we go until Sept. 30 with the local economy taking a 20 percent hit, I hope I’m wrong." Tillman said.

Havelock Mayor Jimmy Sanders also serves as president of the Allied for Cherry Point’s Tomorrow lobby group, which sent a letter to legislators last week stressing the potential impact to civilian workers and the area economy.

"You know, I’d love to be the guy that believes the glass is half full, but I think we’re looking at a glass right now that’s half empty," he said.



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