Durham’s Budget Raises Taxes, Funds Affordable Housing | Triangulator | Indy Week
Pin It

Durham’s Budget Raises Taxes, Funds Affordable Housing 

durham_logo.jpg

The Durham City Council on Monday approved a $429.4 million budget for the upcoming fiscal year that invests in affordable housing, public safety, and infrastructure.

The budget includes a tax hike of 1.79 cents to dedicate a second penny to affordable housing and hire thirty new firefighters, among other investments. The property tax rate will increase to 57.86 cents per $100 of property value. The average homeowner will pay about $32 more in property taxes than last year as a result of the increase. 

A penny of the tax rate generates about $2.8 million in annual revenue. The city has a five-year goal of preserving or creating 1,150 affordable units.

Residents are also looking at an average increase in water and sewer fees of about 2.6 percent, but daily pass fees to the city's recreation facilities are being eliminated for those under eighteen. About $6.6 million will go toward street improvements. The budget also bolsters a diversity recruitment initiative and racial equity training for staff.

City employees will get an average raise of 4 percent, with public safety employees getting a 5 percent increase under a new pay plan approved earlier this year. In a year, all city employees will earn at least $15 per hour.

This article appeared in print with the headline "Budget Breakdown"

Comments

Subscribe to this thread:

Add a comment

INDY Week publishes all kinds of comments, but we don't publish everything.

  • Comments that are not contributing to the conversation will be removed.
  • Comments that include ad hominem attacks will also be removed.
  • Please do not copy and paste the full text of a press release.

Permitted HTML:
  • To create paragraphs in your comment, type <p> at the start of a paragraph and </p> at the end of each paragraph.
  • To create bold text, type <b>bolded text</b> (please note the closing tag, </b>).
  • To create italicized text, type <i>italicized text</i> (please note the closing tag, </i>).
  • Proper web addresses will automatically become links.

Latest in Triangulator



Twitter Activity

Comments

Maybe ex Commissioner Wheeler could explain why he was against net-neutrality until President Obama told him at the last minute …

by MJKopechne on This Week Could Mark the End of the Web as We Know It (Triangulator)

The comparison to the 2009 Wake County Commissioners vote could hardly be more off base, to the point of calling …

by George Farthing on The Disruption on the New Raleigh City Council Is a Blast from the Past (Triangulator)

Most Recent Comments

Maybe ex Commissioner Wheeler could explain why he was against net-neutrality until President Obama told him at the last minute …

by MJKopechne on This Week Could Mark the End of the Web as We Know It (Triangulator)

The comparison to the 2009 Wake County Commissioners vote could hardly be more off base, to the point of calling …

by George Farthing on The Disruption on the New Raleigh City Council Is a Blast from the Past (Triangulator)

okay, I need help understanding this. So, the mayor makes appointment to certain committees each term and the rest of …

by Black Raleigh on The Disruption on the New Raleigh City Council Is a Blast from the Past (Triangulator)

I really don't understand the purpose of this article except to cause dissent. Assumptions and interpretations were made that were …

by Terry Snyder on The Disruption on the New Raleigh City Council Is a Blast from the Past (Triangulator)

Two points stand out immediately upon reading this account.

If you are going to insist on continuing to use …

by FONCitizen on The Disruption on the New Raleigh City Council Is a Blast from the Past (Triangulator)

© 2017 Indy Week • 320 E. Chapel Hill St., Suite 200, Durham, NC 27701 • phone 919-286-1972 • fax 919-286-4274
RSS Feeds | Powered by Foundation