O
Wilmington
← All issues
budgetCritical priorityopen

FY 2027 City Budget and Property Tax Rate

Wilmington

Summary

The city faces a funding shortfall of over $51 million for essential and negotiable capital projects, prompting discussions on whether to raise property taxes by about half a penny to keep projects on schedule.

At a glance

Total mentions
10
Last 30 days
0

Last discussed Jun 16, 2026.

Impact analysis

💰Financial impact

A 0.61-cent tax rate increase would cost the owner of a median-valued home ($445,600) an additional $27.18 annually, or $2.26 per month.

✅Who benefits

Residents across Wilmington will benefit from completed infrastructure repairs, enhanced bridges, and upgraded public spaces.

⚠️Who could be affected

Property owners will absorb a modest tax increase to fund the infrastructure backlog.

Mentions & discussions (11)

MeetingJun 16, 2026

City Council - Jun 16, 2026

The city council adopted a new budget with a 4.9-cent property tax increase to fund living wages for municipal workers and address high vacancy rates in police and fire departments. While advocates praised the investment in essential services and staff retention, critics argued that tapping into emergency fund reserves and raising taxes during tough economic times places an undue burden on residents.

MeetingJun 2, 2026

City Council - Jun 2, 2026

Council debated and passed a new city budget with a 4.9-cent tax increase and $2.5 million from savings to fund living wages and core services. While supporters highlighted investments in public safety and staff retention, dissenters worried about dipping into reserves and future fiscal sustainability.

MeetingMay 29, 2026

City Budget Work Session - part 2 - May 29, 2026

Council discussed various budget adjustments, wage increases, and department expenditures to arrive at a proposed property tax rate increase.

MeetingMay 29, 2026discussed

City Budget Work Session - Part 1 - May 29, 2026

The city is considering a proposed property tax rate increase of 5.75 cents to fund employee living wage adjustments, public safety needs, and capital improvement projects. Council members are debating whether the tax hike is too steep and are searching for departmental budget cuts to lower the burden on residents.

WECTMay 29, 2026

Wilmington City Council to consider $350.3 million budget, e-bike regulations

Wilmington City Council to consider $350.3 million budget, e-bike regulations WECT

MeetingMay 19, 2026

City Council - May 19, 2026

The city manager presented a $350 million budget for fiscal year 2027, which includes a 5.75-cent property tax rate increase to support frontline public safety and employee living wage adjustments. Residents and council members debated the size of the tax hike, its impact on fixed-income seniors and renters, and funding allocations for local community nonprofits.

MeetingMay 15, 2026

City Budget Work Session - Part 1 - May 15, 2026

City officials are weighing a proposed 5.75-cent property tax increase to fund pay raises that lift all city employees to a living wage aligned with 60% of the area median income (AMI). Council members discussed the impact on homeowners, pay compression between supervisors and frontline staff, and whether to phase the wage rollout over multiple years.

MeetingMay 15, 2026

City Budget Work Session - Part 2 - May 15, 2026

City staff proposed a 5.75-cent property tax increase to fund essential city services, capital projects, and competitive wages for municipal employees.

MeetingMay 4, 2026

City Council - May 4, 2026

City Manager presented a $350 million budget for next year that includes a 5.75-cent property tax rate hike. The increase is driven by rising health insurance costs, public safety needs, and a new living wage floor for city employees.

MeetingMar 27, 2026

City Budget Work Session - Mar 27, 2026

The city is facing a $20.3 million revenue gap for the upcoming fiscal year due to slow property tax growth and rising operational costs. Staff presented a potential 6.26-cent tax rate increase to fund employee compensation, health insurance, and capital projects, sparking concern among council members about the burden on residents.

MeetingFeb 6, 2026discussed

City Budget Worksession - Feb 6, 2026

The city faces a funding shortfall of over $51 million for essential and negotiable capital projects, prompting discussions on whether to raise property taxes by about half a penny to keep projects on schedule.

We'll email you when it's on an upcoming agenda and when it's voted on, at most once a day.

The weekly brief for Wilmington

What the council decided, in plain English — one email a week.

Free. Unsubscribe with one click any time. We never sell your email.