Proposed Cumberland budget holds line on taxes
Posted June 1, 2012
Fayetteville, N.C. — Cumberland County residents would pay the same property taxes in the coming year under a $518 million budget proposed Thursday by County Manager James Martin.
The spending plan is 1.5 percent less than the 2011-12 budget but includes a 2 percent cost-of-living increase for all county employees and maintains funding for Cumberland County Schools at $76.2 million.
Property taxes would remain at 74 cents per $100 valuation under the proposal.
A public hearing on the budget is set for 7 p.m. June 7 in the Cumberland County Courthouse. A final spending plan must be approved by June 30.