Why Should Delaware Care?As New Castle County faces another difficult budget year, officials are proposing a significant property tax increase to close a projected shortfall while prioritizing funding for public safety initiatives.
In his annual budget address Tuesday, New Castle County Executive Marcus Henry proposed a 17% property tax hike on residents – a major increase that officials say will only partially close a $42 million budget deficit facing the county in the coming fiscal year.
Henry’s remarks follow a year in which county officials repeatedly had to pull money from reserves to cover expenses amid a drop off in federal funding and fallout from the county’s recent property tax reassessment…