- Fiscal Year Budgets
- Fiscal Year 2021-2022
Fiscal Year 2021-2022
The New Hanover County Board of Commissioners adopted a $458 million balanced budget for Fiscal Year 21-22 at its meeting on June 7. The adopted budget runs from July 1, 2021 to June 30, 2022, and decreased the tax rate from 55.5 cents to 47.5 cents per $100 value. Learn more about the important investments this budget makes to benefit everyone in the community and view the Adopted Budget document here.
In addition to the budget’s investments, the county will utilize additional funding through the federal American Rescue Plan to strengthen the community through broadband access, mortgage assistance, job training, sewer and water infrastructure, afterschool transportation for public school students to tutoring and other programs, mental health support, affordable housing, rental assistance, business and nonprofit grants, and more.
The Fiscal Year 21-22 recommended budget was presented to the Board of Commissioners on May 17 and a public hearing on the budget was held Monday, June 7. Following the public hearing, the Board of Commissioners approved the recommended budget with several changes, including the addition of Parks Resource Officers, Long Leaf Park modifications, and adjustments to non-county agency and economic development funding. The $457 million recommended budget and the $1 million in changes and additional funding bring the county’s approved budget to $458 million.
Recommended budget documents can be viewed below: