Displaying items by tag: budget

A legislative majority of House and Senate members have reached a state budget agreement, one that is providing nearly $700 million more in public education spending over the next two years — but not everyone is happy with where that funding is going.

Swain County didn’t include any funding for capital projects in the 2017-18 budget, but commissioners are hopeful their state representative might be able to find some available funding.

By Kurt J. Volker • Contributing Writer

Following a somewhat contentious debate leading up to final budget approval, Macon County Commissioners last week approved a $49.6 million spending plan for the fiscal year beginning July 1, 2017, with no hike in property taxes. That rate will remain 34.9 cents per $100 of property valuation.

Swain County commissioners will hold a public hearing at 6 p.m. Thursday, June 22, to hear feedback from the community prior to passing a proposed $15.6 million budget for 2017-18.

Haywood County’s 2017 property revaluation was like a bucket of cold water in the face of every local government official in the county, but nowhere more so than Maggie Valley.

Revenues are down, costs are up and local conservative factions haven’t been silent in their criticism of the Democratic-majority Haywood County Board of Commissioners, which is about to approve a budget utilizing fund balance for the first time in around a decade.

The Macon County commissioners have some challenges in balancing the proposed 2017-18 budget, but County Manager Derek Roland said those challenges are the same ones every local government is facing right now.

The first draft of the Town of Waynesville’s proposed 2017-18 fiscal year budget was presented to the public on May 23, but citizens still have a few opportunities left to weigh in on it before adoption.

One year after the town’s tax rate rose by 12.5 cents per $100, Sylva is considering a proposed $3.7 million budget that will keep tax rates level and cover the town’s operating needs — but will come up short on addressing capital needs and commissioners’ desired projects. 

Jackson County’s proposed $62.5 million budget for 2016-17 doesn’t include a tax increase, but it sets the stage for a $12 million upgrade to county facilities over the next five years.

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