Durham Council OKs Budget, Tax Increase
Posted June 19, 2007 3:24 p.m. EDT
Durham, N.C. — The City Council on Monday approved a $338 million budget for the coming year, which includes a 2.5 percent tax increase.
The city tax rate will go up by 1.5 cents per $100 of assessed value to 61.8 cents per $100 of assessed value. The increase translates into another $30 a year for the owner of a $200,000 home.
The budget includes money for 12 new police officers, $2.9 million worth of new garbage collection equipment and raises for city employees.
Councilman Thomas Stith cast the lone vote against the budget. He objected to raises for City Council members and to plans to convert Durham's yard-waste program to a fee-based service.