Wilmington City Council unanimously passes 2014-15 budget - KTRE.com | Lufkin and Nacogdoches, Texas

Wilmington City Council unanimously passes 2014-15 budget, 1 cent; property tax increase

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With the 1 cent increase, the owner of a $200,000 home would pay about $20 extra each year. City officials say this will impact the average home owner by a $1.67 a month. With the 1 cent increase, the owner of a $200,000 home would pay about $20 extra each year. City officials say this will impact the average home owner by a $1.67 a month.
WILMINGTON, NC (WECT) -

Wilmington City Council voted unanimously Tuesday night to approve the city's $145 million budget for 2014-15. This comes with a 1 cent property tax increase for all residents in the city limits.

With the 1 cent increase, the owner of a $200,000 home would pay about $20 extra each year. City officials say this will impact the average home owner by a $1.67 a month.

Council also approved spending about $89,000 in federal drug forfeiture funds to expand and enhance the downtown camera system. The new camera system will allow officers to monitor downtown areas in real time.

Funds were also approved for expanding the Wilmington Police Department's community policing efforts, and purchasing 18 new trash vehicles.

About $1.2 million will go to the WPD through a COPS grant and $2.99 million will go towards buying the new trash trucks which is part of the normal replacement schedule.

For a full break down of the Council's meeting click this link: http://bit.ly/SSbQwm

Copyright 2014 WECT. All rights reserved.

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