City Council to consider $86 milllion budget, includes employee pay raise
WILMINGTON, NC (WWAY) — During Tuesday night’s meeting, Wilmington City Council members heard a presentation for the recommended $86.3 million general fund budget, which is $1 million more than last year’s adopted budget.
The budget director is recommending a 3-cent tax increase, from 42 cents to 45 cents. The extra money would go towards a 5 year CIP, adding up to $41 million. It would help fund various public improvement projects, including streets, parks & recreation, and public facilities.
The budget also calls for a two percent pay increase for all city employees, with one percent deferred compensation at midyear.
City council will hold work sessions on the budget both on June 4 and June 6, with a public hearing in between on June 5th. The budget must be adopted by June 30th.
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