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WilmingtonBiz Talk on NHC's Budget
It’s budget season, and local governments are deciding spending priorities for the next fiscal year, which starts July 1.
On Monday, New Hanover County Commissioners approved a $458 million budget for 2021-22. That included a property tax rate of 47.5 cents per $100 valuation, compared to last year’s 55.5-cent rate. That was not considered a revenue-neutral rate, however, because revaluations this year pushed up property values for many homeowners.
Joining us for today's WilmingtonBiz Talk is County Manager Chris Coudriet to explain how and why that’s happening, as well as where the county’s money will be spent next year – from economic development projects to higher teacher pay.
Featuring:
Chris Coudriet,
New Hanover County Manager
Chris Coudriet serves as chief administrator of the county government and maintains responsibility for administering all departments under the general control of the five-member board of commissioners. He has been county manager since 2012.
WilmingtonBiz Talk is a weekly interview program on Facebook Live, which is rebroadcast on YouTube and numerous podcasting platforms. The Business Journal newsroom selects guests based on current events so our community can hear directly from newsmakers.
On Monday, New Hanover County Commissioners approved a $458 million budget for 2021-22. That included a property tax rate of 47.5 cents per $100 valuation, compared to last year’s 55.5-cent rate. That was not considered a revenue-neutral rate, however, because revaluations this year pushed up property values for many homeowners.
Joining us for today's WilmingtonBiz Talk is County Manager Chris Coudriet to explain how and why that’s happening, as well as where the county’s money will be spent next year – from economic development projects to higher teacher pay.
Featuring:
Chris Coudriet,
New Hanover County Manager
Chris Coudriet serves as chief administrator of the county government and maintains responsibility for administering all departments under the general control of the five-member board of commissioners. He has been county manager since 2012.
WilmingtonBiz Talk is a weekly interview program on Facebook Live, which is rebroadcast on YouTube and numerous podcasting platforms. The Business Journal newsroom selects guests based on current events so our community can hear directly from newsmakers.
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By Greater Wilmington Business JournalIt’s budget season, and local governments are deciding spending priorities for the next fiscal year, which starts July 1.
On Monday, New Hanover County Commissioners approved a $458 million budget for 2021-22. That included a property tax rate of 47.5 cents per $100 valuation, compared to last year’s 55.5-cent rate. That was not considered a revenue-neutral rate, however, because revaluations this year pushed up property values for many homeowners.
Joining us for today's WilmingtonBiz Talk is County Manager Chris Coudriet to explain how and why that’s happening, as well as where the county’s money will be spent next year – from economic development projects to higher teacher pay.
Featuring:
Chris Coudriet,
New Hanover County Manager
Chris Coudriet serves as chief administrator of the county government and maintains responsibility for administering all departments under the general control of the five-member board of commissioners. He has been county manager since 2012.
WilmingtonBiz Talk is a weekly interview program on Facebook Live, which is rebroadcast on YouTube and numerous podcasting platforms. The Business Journal newsroom selects guests based on current events so our community can hear directly from newsmakers.
On Monday, New Hanover County Commissioners approved a $458 million budget for 2021-22. That included a property tax rate of 47.5 cents per $100 valuation, compared to last year’s 55.5-cent rate. That was not considered a revenue-neutral rate, however, because revaluations this year pushed up property values for many homeowners.
Joining us for today's WilmingtonBiz Talk is County Manager Chris Coudriet to explain how and why that’s happening, as well as where the county’s money will be spent next year – from economic development projects to higher teacher pay.
Featuring:
Chris Coudriet,
New Hanover County Manager
Chris Coudriet serves as chief administrator of the county government and maintains responsibility for administering all departments under the general control of the five-member board of commissioners. He has been county manager since 2012.
WilmingtonBiz Talk is a weekly interview program on Facebook Live, which is rebroadcast on YouTube and numerous podcasting platforms. The Business Journal newsroom selects guests based on current events so our community can hear directly from newsmakers.