Local Politics

Wake commissioners approve $1.2B budget, tax increase

Posted June 20

Wake, Raleigh officials face pressure on budgets
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— The Wake County Board of Commissioners voted unanimously Monday to approve a $1.2 billion budget for the fiscal year that starts July 1.

The budget includes a 1.35-cent increase to the county property tax rate, which would add $27 to the annual tax bill on a $200,000 home.

Commissioner Betty Lou Ward tried to add $5 million to the budget to help the Wake County Public School System to deal with growth, but her motion failed 2-5.

The budget includes $409.9 million for the school district, but school officials have complained that it funds only $23.9 million of the $35.7 million requested increase in funding.

The shortfall leaves the school board scrambling with how to cut at least $11.8 million from the district's 2016-17 budget before the new fiscal year starts next week. School board members have noted that any changes in state funding could produce an ever larger budget gap.

Board of Education Chairman Tom Benton said he was disappointed by the commissioners' decision but understands they have competing priorities to fund. The school board will have to review its options on what new initiatives need to be put on hold and what existing programs need to be scaled back to balance the school district's budget, he said.

Commissioners praised the spending plan put together by County Manager Jim Hartmann, saying it meets a number of priorities in human services and public safety.

"This is a forward-thinking budget," Commissioner Sig Hutchinson said.

Commissioner John Burns noted that the county's support of area schools has increased by 20 percent in two years, and county leaders need to try to balance the county's needs with the tax rate.

"We have a responsibility not only to deal with the 2016-17 budget but also must plan ahead and be cognizant of what people are able to pay for in the future," Burns said.

Commissioner Jessica Holmes blasted state lawmakers for not providing more money for public education, saying it is "crushing local government" to choose between improving local human services programs or public safety efforts and giving schools what they need.

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  • Shandy Scott Jun 20, 7:47 p.m.
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    The real estate tax rate in Wake County remain the same from 2008-2013 at .534. Then came the Democrats. Over the last three years the rate including the year 2016 will have increased by 12.5%. The two billion dollar bond that will be presented in November will increase it another 22%. Let's add these up. This will be in four years and increase in real estate taxes for homeowners of 39.5%. What you have promised teachers in raises will add another 5% over the next two years. I challenge anyone to find another area in the country whose real estate taxes have risen 39.5% in four years.