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City approves first of two votes for recommended budget

READ MORE: City approves first of two votes for recommended budget
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WILMINGTON, NC -- Wilmington City Council approved the first of two votes on the upcoming fiscal year budget.
The city also held a public hearing on the recommended budget, where only four people attended, three of which were from city-partner agencies.

The $86 million general fund budget includes a three-cent tax increase to help fund maintenance and infrastructure projects. If approved, the funds would be put into a separate account to pay for a five-year maintenance plan that could not be used for anything else. The plan also includes an 8 cents-per-$100 valuation tax rate increase, which would help the city become revenue neutral after recent property revaluations.

Before taking a final vote, council members say some changes will be made. Councilman Kevin O’Grady says several capital improvement projects will start sooner than planned.

“We’re changing the program so that you'll get to see the progress and get to see it quicker, so be aware that there is a much more accelerated capital projects program than was in the materials that you're seeing for tonight's meeting,” O’Grady says.

Council will hold a work session Wednesday at 9 a.m., during which councilman Charlie Rivenbark wants to discuss fees that would help fund improvements to recreation services.

A second and final vote on the budget is scheduled for the June 19th council meeting.

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City Budget Newsletter

I would like to thank the City of Wilmington for the well written piece of propaganda that they mailed me yesterday about their budget.
It seems that 47% of their citizens will see their taxes rise by only the cost of a breakfast of $3-$5 dollars a month. There is such a disconnect between them and reality that it even includes a picture of coffee and a bagels. Most of us don’t eat breakfast in restaurants.
The budget includes funding for 13 police officers that were hired under a short term grant. That was really smart long range planning and now you get to pay for it.
You plan to spend $35 million dollars over 5 years for street and sidewalk maintenance that was deferred. Isn’t that about the same amount that you are ready to spend right now for a baseball stadium?
You budget an increase for city employees. When I check the city website for jobs there are few listed. What is your turnover rate?
You also note that the city takes in 80% of sales taxes but only receives 20% in return. What you fail to note is what % of sales taxes are actually generated by city residents
Your failed convention center is supposed to be supported by taxes paid by non-residents and this is another blatant attempt to get money since your annexation bid failed. It would be a good sign of faith if the city council and manager personally paid all the legal fees associated with their challenges.

IT IS TIME

It is time that things change so the taxpayers of NEW HANOVER county have the right to vote on all tax increases and any purchase of land or other dispersal of taxpayers monies for projects.
BUT THE FIRST VOTE NEEDED IS TO REDUCE COUNTY AND CITY TAXES>NOT INCREASE TAX RATE TO COVER THE UNCONTROLLED SPENDING OF THE PRESENT GOVERNMENT BODIES THAT ARE IN CONTROL OF TAXPAYERS MONIES.

breakfast

So you don't eat breakfast?

BJONES SAID ( HE-SHE) DIDNT

BJONES SAID ( HE-SHE) DIDNT EAT BREAKFAST IN RESTURANTS. NOT THAT HE DIDN'T EAT BREAKFAST, PEROID. I DON'T EAT BREAKFAST EVERY DAY EITHER. NOT EVERYBODY DOES. THATS THEIR BUSINESS.

Breakfast

It may amaze you but you can actually have a good cereal with fruit, milk, and coffee at home for less than $3. Check it out!

breakfast

So you can eat breakfast at home for less than $3 per month? wow. you really know how to squeeze blood out of a turnip. maybe you should run for city council. i personally don't mind paying $3 more per month in taxes if it's going to improve my streets, sidewalks and infrastructure. isn't that what taxes are supposed to go for?

Something is definitely rotten in Wilmington

Can anyone on the Wilmington City Council please explain how can Wilmington afford a stadium, yet you need to raise taxes to maintain the infrastructure?

Y'all really need to vote these morons out

In typical Wilmington Idiot Council style--allocate $60,000 from parking meters to publicize downtown and raise taxes to cover the expense of what is needed.

www.wilmingtonnc.gov

in header

City of Wilmington proposed budget

Line 22 under the heading: Program Funds

$7,356,362: Net Convention Center Fund

According to the Revenue estimates, the convention center will receive the following:

$5,218,107 in room occupancy tax funds
$15,360 in "estimated" parking deck revenue
$580,251 in event income...rental fees and service income
$1,542,734 in concession income

Total: $7,356,352

Well there you have it folks...the convention center pays for itself. Except for one itty-bitty minor detail. The bulk of the funding comes from the room occupancy tax that was collected in advance. This pool of money is going to be depleted in a couple of years. Then where's the money going to come from to operate?

Anyone want to take a guess?

Source of information:

http://www.wilmingtonnc.gov/Portals/0/documents/City%20Manager/Budget/FY...

http://www.wilmingtonnc.gov/Portals/0/documents/City%20Manager/Budget/FY...

They'll get the additional monies from baseball profits

As soon as pigs learn how to fly.

A link to the proposed budget...

would be nice.