New Hanover County
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Budget
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F.A.Q.s
2009-10 Budget Calendar
FY09-10 Recommended Budget
FY09-10 Adopted Budget in Brief
FY09-10 Adopted Budget

 

Frequently Asked Questions

What is the General Fund?

The General Fund is the principal fund of the county and accounts for the normal reoccurring activities of the county.  It is funded primarily by property and sales taxes.  Debt service payments for general long-term debt are also accounted for in the General Fund.

What are the county's current and past tax rates?

The tax rate, adopted by the Board of Commissioners on June 22, 2009 is .4525 cents.       

Fiscal Year

Tax Rate

2009-2010 .4525
2008-2009 .4525
2007-2008* .420
2006-2007 .685
2005-2006 .680
2004-2005 .680
2003-2004 .680
2002-2003 .690
* Revaluation Year

 

What expenditures and revenues make up the General Fund for fiscal year 2009-2010?

The adopted budget for fiscal year 2009-2010 totals $250,192,519 and is comprised of the following functions (expenditures) and revenue classes (revenue) as shown  below.

BUDGETED EXPENDITURES
General Government Departments $30,662,587
Human Services 53,824,579

Public Safety

44,632,759
Economic & Physical Development 1,250,925
Cultural & Recreational 9,790,335
Education 90,008,660
Other Activities 20,022,674
Total $250,192,519

 

BUDGETED REVENUES
Ad Valorem Taxes $151,449,581
Sales Taxes 39,827,821
Other Taxes 2,919,179
Intergovernmental Revenues 36,350,635
Charges for Services 9,247,240
Other Revenues 8,465,413
Appropriated Fund Balance 1,932,650
Total $250,192,519

 

 


 

 

 

 

 
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