Thursday 24 May 2018

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County’s Budget Proposes Tax Increase

Wayne County residents could still be looking at a tax increase in the coming year.

County Manager Craig Honeycutt presented an overview of the proposed 2019 financial year budget at the Wayne County Board of Commissioners meeting this week.

Honeycutt says the new budget adds a half-percent supplement increase for Wayne County teachers.

He says the new budget has to address the loss of low-wealth funding, which is currently predicted at about $1.5 million this year.

Adding four new school resource officers also adds to the new budget, though some state grants may become available for the SRO’s.

Honeycutt says the new budget also helps county employees.

Honeycutt says the new budget recommends a 69-cent tax rate, which is a 2.65-cent increase over this year.

The County Manager notes that even at 69-cents, Wayne County would still have the lowest tax rate compared to surrounding counties.

The new Wayne County Budget needs to be approved before July 1st.

A public hearing on the new budget is scheduled for June 5th.

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