The $375 million budget from New Castle County Executive Matt Meyer is in and there are no new taxes.
Most of that is the $300 million operational budget that will see a 3 percent increase of $9 million.
That will go for personnel costs which should go up by around 3-to-4 percent.
But this does not mean property owners won’t see their taxes go up.
Under a tax bill property owners will see a 15 percent increase that will be phased in over a two year period.
The Wilmington News Journal reports that officials say that means those outside of municipalities will see their tax bill go up by 7.5 percent this year.
For a property tax bill of around $500 that means an increase of around $35.
