New Hanover County Commissioners Approve 2026 Budget with 30.6 Cent Tax Rate

Rising Sun approves FY 26 budget maintaining tax rates

RISING SUN — Touting their tight rein on spending, the mayor and commissioners approved their Fiscal Year 2026 budget, which holds the property tax rate at 46 cents per $100 of assessed value and holds the personal property tax at…

New Hanover County Commissioners approve 2026 budget with 30.6 cent tax rate

WILMINGTON, NC (WWAY) — On Thursday, New Hanover County Commissioners approved the budget for the next fiscal year, with the most significant change being to the county’s tax rate. The old rate was 45 cents per $100  of value. Commissioners agreed to cut it, following property re-evaluations earlier this year. But they didn’t agree on how far to cut it. Commissioners Stephanie Walker and Rob Zapple had pushed for a 33.9-cent rate. While Vice-Cha…

NHC cuts $36M and 70 people to downsize tax rate, abandons pre-K, food co-op

NEW HANOVER COUNTY — The New Hanover County Commissioners passed its budget with a property tax rate of 30.6 cents after months of a push-and-pull between a revenue neutral rate and the county manager’s recommended 35-cent rate. READ MORE: ‘Hardest decision I’ve ever made’: NHC commissioner chair no-go on budget vote, board still split After almost three arduous hours discussing the… Source

Endowment grants $1.6M to New Hanover County amid county budget cut talks

As New Hanover County debates tax changes and budget cuts, the New Hanover Community Endowment awarded a $1.6M grant to support local nonprofits. The funding mirrors what commissioners may cut, aligning with views that the endowment should replace county nonprofit support.