© 2021 254 North Front Street, Suite 300, Wilmington, NC 28401 | 910.343.1640
News Classical 91.3 Wilmington 92.7 Wilmington 96.7 Southport
Play Live Radio
Next Up:
Available On Air Stations

NH Co. & Wilmington Looking to Hike Property Taxes


By Catherine M. Welch

Wilmington, NC – Both the City of Wilmington and New Hanover County are looking at filling budget gaps by boosting property taxes.

The Wilmington City Council will hold its first public hearing tonight on a budget that calls for hiking property taxes to 37 cents per $100 assessed value.

That's an additional $70 a year for a $185,000 home.

The city says this will raise enough to offset a budget gap in a year where local sales taxes are down.

Over at the county, commissioners are mulling over a proposed budget calling for a property tax increase of 1.3 cents.

The county says this will cover nearly half of the budget gap. The other half will be filled by the quarter-cent sales tax approved by voters earlier this month.

The public hearing on New Hanover County's proposed budget is scheduled for June 7th.

Do you have insight or expertise on this topic? Please email us, we'd like to hear from you. news@whqr.org.