WILMINGTON, N.C. (WECT) – City Council in Wilmington got its first look at the proposed budget for the 2013-2014 fiscal year on Tuesday night.
Lynn Heim, the Budget Director, informed board members about the plan which totals approximately $141 million.
An email release from the city says there is no proposed increase in property taxes, and the plan does include a 2% pay raise for city employees. The plan does include fee increases of one dollar per nine holes for the Municipal Golf Course, and six percent increase for stormwater fees.
Other notes from an email news release from the City of Wilmington:
-Core services maintained
-2% pay raise for employees; additional 1.5% pool to be used for performance-based merit pay for eligible employees
-Strong savings (fund balance) for emergencies of about $25 million
-Continued funding for 5-year infrastructure improvement plan
5¢ of the overall 45¢ property tax rate funds a five-year plan to make $41 million worth of repairs and improvements – such as street repaving and work on public facilities such as the Riverwalk – that had been put on hold during the economic downturn.
-Continued public safety investment, including funding a full year's funding for the WPD's new Mobile Field Force as well as the purchase of a new ladder fire truck
A public hearing on the budget plan is scheduled for May 21, with a budget work session scheduled for May 24. Council plans to take a first vote on the plan on June 4, with a final vote scheduled for June 18.
The full budget plan will be available online on Wednesday.
Click here to see other details from Tuesday night's City Council meeting.
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