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Friday, March 29, 2024

New Hanover County’s FY18-19 Budget Approved

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Following public hearings, New Hanover County Commissioners approved the Fiscal Year 2018-19 Budget at last Monday’s meeting, including a property tax cut for the second year in a row, which equals $5.1 million in savings for taxpayers.

In addition, the budget also includes increased funding for public education, economic development, school safety, and combating the opioid crisis. A cumulative tax cut over two years will save taxpayers approximately $9.8 million. In addition, the minimum wage for full-time and authorized part-time county employees will be increased to either $31,200 per year or not any less than $15 an hour.

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