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The adopted budget for fiscal year 2009 is $984,360,000. This is an increase of $54.3 million, or 5.8 percent, over the fiscal year 2008 amended budget and includes a 2.5 cent property tax increase. Watch video of the budget presenation.
The property tax increase will bring the tax rate to 53.4 cents. The new funds will be used for:
- Debt incurred as a result of voter-approved bond projects for Wake Technical Community College, Open Space preservation and Public Libraries.
- Operating increases for new schools in the Wake County Public Schools System.
- Increases in funding for the Board of Commissioners priority focus areas of public safety and law enforcement. Read the press release.
 
 
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Highlights
Total budget:
$984,360,000
Includes a 2.5 cents property tax increase
$319,200,000 for Wake County Public School System
Video
View the Budget Presentation
Watch video from the regular session budget public hearing
Watch video from the second public hearing
Questions & Feedback:
E-mail: budget@co.wake.nc.us
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