Public Hearing on the FY 15-16 County Budget
The New Hanover County Board of Commissioners will hold a public hearing on the FY 15-16 county budget Monday afternoon, June 8 at the historic courthouse. I hope everyone can find a way to take an active interest in the budget for next year and make your thoughts known. The budget is, effectively, the county policy document that sets priorities for the next 12 months, and it determines what we all pay for delivery of public services we need and want as a community.
As county manager, I set forth a recommended budget in early May that recommended a 5 cent tax increase to address voter approved debts authorized since 2006 on real and [business] personal property. Over the past several weeks, the Board has focused on the policy proposals and the revenue needed to fund the Board’s intentions for next year. As things stand today, the budget for next year is balanced with a 2 cent tax increase; however, deliberations continue that will either eliminate a tax increase altogether or limit the increase to something less than the 2 cents that currently balances the Board’s plan.
I’ll follow this blog with a post later in the week to outline the plan the Board considers at its public hearing June 8.
Stay tuned . . .