WILMINGTON, N.C. (WECT) – New Hanover County presented the recommended budget for 2025-26 during the board of commissioners meeting today.
The recommended budget has a 35% tax rate with higher property values, which provides additional revenue to county services. This means that for the average home at $581,000, the county tax bill would be $170 a month, an additional $39 per month compared to last year.
The General Fund has also risen from $448.6 million to $488.5 million, increased for priority investments such as education, which will allocate $8.13 million for New Hanover County Schools and Cape Fear Community College…