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Wake County Manager Proposes $914M Budget

Posted May 21, 2007

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— Wake County leaders Monday began the annual budget process with the unveiling of County Manager David Cooke’s proposed spending and tax package.

The proposed budget for Fiscal 2008, which begins this summer, totals $914 million. Education would get almost half of the money.

In Cooke’s plan, 48 percent of the funding would go to the Wake County Public School System for operating expenses, construction needs and repairs and costs of borrowing.

The $295 million for the school system would be an increase of 8.8 percent, or another $10 per student. That’s less than the school board’s request, which was for $305 million.

Part of the money in next year's budget would be raised through higher property taxes if the county Board of Commissioners approves the plan as presented.

Cooke called for an increase of 3.6 cents on each $100 of assessed value of property, which has been expected since voters approved a bond issue for school last year. The 3.6 cents amounts to $72 for a home assessed at $200,000.

The commissioners will hold public hearings on the budget June 4 and 11, then vote on it June 18.

26 Comments

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  • rpdwife05 May 22, 2007

    I think the percentage allotted to public saftey is rather small. RPD allready has problems with thier budget, not to mention increasing gas taxes and Cooke alots them barely enough to operate! Without adequate public saftey our schools and neighborhoods will all go to trash!

  • inform May 22, 2007

    "the generation that put man on the moon"?

    The generation that put man on the moon were german V2 scientists whisked out of germany at the end of WWII. Why educate anyone beyond the 8th grade unless you can pass a standardized test? Then up the difficulty level of High School to make it mean something to graduate. The rest of the world isn't wasting resources on malcontents.

  • JDPike May 22, 2007

    Goalieman - You don't "have" to use a toll road, it is easier, but you don't have to use one. True most people will pay the toll and go on their way, but if a large majority decide not to take the toll road then the alternate routes will become heavily congested and then they will have another problem on their hands. It will be interesting to see what happens.

  • JDPike May 22, 2007

    Pirattitude - Get some information before you start spouting off about poor counties getting lottery money thrown at them like water.

    From the NC Lottery Website:
    40 percent of the total remainder shall be used for school construction. Roughly 65 percent of this total shall be distributed to each county based on total school enrollment. The remaining 35 percent of this total shall be distributed to each county with average effective county property tax rates above the state average based on total school enrollment.

    By this estimate, Wake County should be getting more than their fair share. They ought to distribute the money to the counties selling the lottery tickets. If your county sells 15% of lottery tickets, your county should get 15% of the return.

  • Goalieman May 22, 2007

    All the money that is collected is going some where. I think it is time for an outside audit to justify where the money is going. I am tired of paying more and more taxes and not seeing much improvement, except around the Cary and Raleigh area.

    They want to raise taxes, put in toll roads that South Wake has to use, and a county dump in Holly Springs. Why not NOT raise taxes, put toll roads in North Raleigh, if you are going to put a dump in Holly Springs? Spread the heart-ache eveningly!

    Yes, I am a Holly Springs resident and glas to be one. But I am tired of being treated like a mushroom!

  • mslisac363 May 22, 2007

    Hey just cut welfare and make people go to work and stop them from having children that they can't feed or provide a home for. The gov. needs to stop making tax payers pay more when there are other places that can be cut. The low working class is working making the rich richer and taking care of none workers and this needs to stop!

  • Nobody but Carolina May 22, 2007

    Well, if I'm reading this article correctly, the tax increase specified IS for the bond and not for the full amount yet. The bond, if implemented all at one time would have been a 4.7 cent increase. The 3.6 cent increase is only the initial step for the bond. The rest will most likely be implemented next fiscal year.

  • Tidbit May 22, 2007

    I think the most important question we need to ask Wake County is... What in the heck are you REALLY Doing with all that money? Stop bussing kids all over the place! Stop contracting drivers with SUVs to go pick up kids you can't get a buss to because they are too far and you want to diversify the school.

    Most of us know what they are doing. They had money left over in the budget so they bought furniture they didn't need, or purchased items they didn't need to use up the budget money so they could request more.... It's a fact. It shouldn't be happening.

  • Tidbit May 22, 2007

    The last tax hike (wasn't it just 6 months ago) only amounted to $7 a month per household (avg). Wasn't that what they said? "It's only..." But that was the second property tax increase within a years time frame. And now they want another one. It's only....???

    And the next one later this year? I want to know what they did with the 970 million they just got 6 months ago???

    The democrats in this city complain about the lack of affordable housing... how elderly are eating dog and cat food because their medicines are to high. Yet they have no problem making that person eat cat or dog food by taxing their house to death.....

    STOP RAISING OUR TAXES

  • Pirattitude May 22, 2007

    "Correct me if I am wrong but isnt it every fine collected by the courts to go to education? Also isnt this educational lottery supposed to go to education?"

    Depends on where you're at. The poorest counties get money thrown at them like water. If you are priviledged enough to live in Wake county, forget it, you'll probably see .5% of any "revenue" created by the state lottery/court fees. Flip side of that coin, however, is that supposedly, Wake county offers a better education ALREADY than the other counties who are getting the money thrown at them, so they technically do not need the money. This is why some counties pay teachers outrageous salaries or bonuses to come to their schools to work. Math teachers in Chatham county got a crazy bump up this past year if I'm not mistaken.

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