Economic development goals a factor in latest city budget planni - WECT TV6-WECT.com:News, weather & sports Wilmington, NC

Economic development goals a factor in latest city budget planning

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Mayor Bill Saffo said this is all part of the plan to help the City of Wilmington grow and thrive. Mayor Bill Saffo said this is all part of the plan to help the City of Wilmington grow and thrive.
WILMINGTON, NC (WECT) -

Wilmington's City Council continued planning for its next fiscal budget at their agenda review Monday. City leaders made it a priority to set aside money for economic development gains.

Wilmington Mayor Bill Saffo said this is a direct response to the Garner economics report that came out earlier this year.

The Council is in the process of setting aside money that will go development companies like Wilmington Downtown Inc. and the Bring It Downtown campaign.

Mayor Bill Saffo said this is all part of the plan to help the City of Wilmington grow and thrive.

"We are in a very competitive market, a competitive country and a competitive state so we have to try to do what we can to try to recruit companies and industries to our community and this is one way that we felt from a policy perspective that we could make our voices heard and felt," Saffo said.

By the end of Monday's agenda briefing, city staffers had been instructed by council to allot funding for WDI, Wilmington Business Development, affordable housing operations, city landscaping proposals and the local arts council.

The first of two votes on next year's proposed budget will be held at Tuesday night's city council meeting.

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