WILMINGTON, NC (WWAY) — Council members gave final approval to the $85 million budget they’ve been working through for months.
The tough economy sparked reduced spending. City employees will not receive a pay increase and construction and maintenance costs are cut to a bare minimum. The budget does not call for a property tax increase or layoffs.
Councilman Charlie Rivenbark said, “We’ve been working on this budget for months. We’ve held many work sessions so everybody’s finger prints are on this budget. At this point, we’ve done all we can do, really, in terms of debating the issues. I’m comfortable with the work we’ve done so far.”
There are two rate increases in the budget; including an 8.5% storm water rate increase, which equals 45 cents a month for the average homeowner. There is also an increase in garbage collection fees to offset a rate hike at the county landfill, which also comes out to under a dollar a month.