No tax hike in Wake budget

(c) WTVD

May 16, 2011 2:40:45 PM PDT
In a sure sign the local economy is beginning to bounce back, Wake County Manager David Cooke presented a proposed 2011-2012 budget Monday that calls for slightly more spending without any tax hikes.

The $951.5 million proposal includes a 2 percent raise for county employees who have gone without an increase for several years.

It also would give Wake County Public Schools $314.4 Million - $900,000 previously used for Ready-to-Learn and 4-H programs would be added to last year's budget as discretionary income to be spent by the school board as it sees fit.

Cooke is not proposing any property tax increases.

Cooke's proposal includes $2.5 million for Wakebrook mental health facility and $3.5 for the new jail on Hammond Road that would create 97 new jobs.

Non-profit groups were looking at 24 percent cuts in public funding, but now will only see 10 percent reductions.

The Wake County Board of Commissioners still has to sign off on Cooke's proposals. Public hearings will be held next month.

Click here to view the FY 2012 recommended budget.

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