News Flash

New Hanover County receives two national recognitions for continued fiscal responsibility

NEW HANOVER COUNTY, NC – The Government Finance Officers Association (GFOA) has recognized New Hanover County for its excellence in budgeting and financial reporting with a pair of awards.

Earlier this year, the GFOA honored the county with a Dis...

New Hanover County’s Triple-A bond rating reaffirmed ahead of proposed Project Grace financing

NEW HANOVER COUNTY, NC – As New Hanover County seeks debt issuance of $57 million to finance Project Grace, Moody’s Investor Services (Moody’s) and Standard & Poor’s (S&P) have again confirmed the county&...

Proposals now being accepted for workforce housing funding

NEW HANOVER COUNTY, NC – New Hanover County is now accepting proposals from for-profit and non-profit developers and agencies to provide financial assistance for projects that improve the stock of workforce housing in the community. The Request ...

Commissioners adopt budget with half-cent property tax reduction for Fiscal Year 2023-24

NEW HANOVER COUNTY, NC – For the third straight fiscal year, the New Hanover County Board of Commissioners adopted a budget lowering the property tax rate for residents. The framework for Fiscal Year 2023-24 (FY 23-24), which was approved at Mon...

New Hanover County again earns Triple-A bond rating from Moody’s and S&P

NEW HANOVER COUNTY, NC – Moody’s Investor Services (Moody’s) and Standard & Poor’s (S&P), the nation’s top bond rating agencies, have both assigned New Hanover County a Triple-A bond rating on its general obligation bonds, the highest rat...

Lower taxes, expanded service – a budget committed to helping New Hanover County move forward

A little more, with a little less.

It sounds like an impossible task. But that was the challenge and opportunity presented to New Hanover County staff when talking with the Board of Commissioners about their goals for Fiscal Year 2022-23 budget.

Lo...