FY15-16 Budget Highlights
Monday, June 22 the New Hanover County Board of Commissioners approved its budget for fiscal year 2015-2016, which begins July 1. The budget approved does not look altogether different than what I presented in early May in terms of priorities. The budget, however, does include a 2 cent tax increase. What’s important to note is the 2 cents will be appropriated toward voter approved debts only. The increase is not being used to fund the operations and maintenance of the county’s general fund. The budget also lowers the fire service district tax to 7 cents and lowers the tipping fee to $52 per ton for disposal at the county landfill.
Rather than write extensively about the final budget, our public affairs team has prepared this graphical illustration of the FY 2015-2016 New Hanover County Budget. I hope you’ll check it out – it tells the complete story of how the county will spend wisely the revenues you’ve entrusted to us.