presented. This is up $16,440 over last year, and proposes a tax rate of .17, up two cents from .15. The bud get is on display at the Town Hall for any citizen to review until June 9, at which time a public hearing' will be held at 2:00 P.M. at the Town Hall for comment. T. DALE HOLLAND, PLANNER, re viewed briefly the draft of the 1992 Land Use Plan Update at the public hearing* on Tuesday at the beginning of the regularly scheduled Town Board Meeting. Cowraents, both written and oral, will be taken under advise ment of the Board of Commissioners. A recommendation as to whether or not to submit this document to the Divi sion of Coastal Management will be made at the June 9 meeting of the Board. The Land Use Update Commit tee: Cliff Mitchell, Chairman, Ed Bow man, Art Browne, Lois Heffelfinger, Maureen Parker, Marge Turney and A1 Schmidt. FEDERAL EMERGENCY MANAGEMENT AGENCY (FEMA) Most property owners in Pine Knoll Shores are aware of the fact that their property could be subject to flooding. In an effort to assist the local population, the Federal Emergen cy Management Agency (FEMA) has mapped the areas which have the potential for flooding. FEMA has iden tified four types of flood zones in PKS: V, A, B and C. Your flood insur ance rate is assessed according to the FEMA flood zone your property is located. The V zone has the greatest potential for flood damage and usually reflects areas which are subject to damage from wave action. Structures located in V zones are required to be built on pilings. The A zone indictes areas which are subject to flooding from the 100 year storm. If property is identified as being located in a V or A zone, it usually has a base flood elevation. The base flood elevation (BFE) indicates how many feet above sea level the first living level floor must be elevated to be in compliance. In PKS, many structures located in flood zones do not meet the BFE be cause the structure was built prior to the development of FEMA's Flood In surance Rate Maps(a.k.a.pre-FIRM). If your house falls into this category, you can still purchase flood insur ance. The B zone identifies areas which may be subject to minimal flooding. The C zone indicates land which is rarely subject to flooding. If your property is located in a B or C zone, you are not required to obtain flood insurance. If you are interested in finding out more about flood zones, please contact the PKS Building Inspector's office. The department will offer flood protection assistance by providing Base Flood Elevations, historical flood data, site visits, reviewing plans, information on how to select a quali fied contractor and a list of contrac tors in the area. Additional informa tion has been provided in the Bogue Banks Library at Pine Knoll Village in PKS, Public information dealing with flood insurance, flood plain protection, flood plain managrement, and publica tions on coastal construction, flood proofing techniques, and retrofitting houses, as well as a complete set of flood insurance rate maps of the whole community are provided along with booklets on how to read and use a FIRM. If you would like an individual meeting to discuss flood proofing assistance, construction methods, permitting requirements for building' in a flood zone or any flood related questions, contact Roy Brownlow at the PKS Building Inspector's office or call 247-4353. TAX INFORMATION Your tax rate of 15 cents on the hundred dollars is one of the lowest in the State. $10,000 of your tax dollars goes to publish the Shoreline newsletter annually. This averages about 80 cents a copy. If you are receiving more than one, or would like to change your mailing address, please call Town Hall and give them the information.