New Hanover County’s FY18-19 Budget Approved

New Hanover County’s FY18-19 Budget Approved

NEW HANOVER COUNTY, NC – (RealEstateRama) — Following public hearings, New Hanover County Commissioners approved the Fiscal Year 2018-19 Budget at today’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 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.

A copy of the recommended budget can be viewed on the county’s website. The adopted budget will be available on the county’s website by the end of this week.

###

Release Contact:
Jessica Loeper
Communications & Outreach Coordinator
910-798-7461

Previous articleNAHB Releases Salary, Bonus and Benefit Data for 39 Jobs Across the Home Building Industry
Next articleFTC, Department of Justice to Hold Workshop on Competition in Residential Real Estate Brokerage Industry