County residents can expect tax increase July 1

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GOLDSBORO – Officials say Wayne County faces significant increases in costs on school construction, fuel, health insurance and retirement contributions.

County leaders proposed a tax increase to cover those rising costs in a budget plan that was approved unanimously.

The Wayne County Board of Commissioners received an update on the 2022-23 fiscal budget from outgoing County Manager Craig Honeycutt during a recent meeting. Honeycutt proposed a .035-cent increase in property taxes to fund operations adjustments and debt service for capital projects. The bump will result in a tax rate of 74-and-a-quarter cents charged to every $100 of property value in tax bills July 1.

For a $100,000 home, annual tax bills will rise from $707.50 to $742.50.

Joe Daughtery, commissioner chair, said school construction costs have nearly doubled in the past couple of years. He added that despite the difficult decision making the board faces, changes are needed to move forward.

Part of the budget also includes salary increases for staff after a salary study was completed among different departments. American Rescue Plan funding is being used for allowable capital expenditures, including public safety, EMS and IT.

Commissioners discussed placing a quarter-cent sales tax on the ballot this year for voters to consider. If passed, the increased cost on a $100 purchase would be 25 cents (from $6.75 to $7). Everyone who comes through Wayne County would pay the tax.

Commissioner Antonio Williams supported the budget and commented that the proposal had more good than bad in it.

The new budget and increased tax will take effect July 1.

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