It includes no tax increase for homeowners, and holds the property tax rate at 53.4 cents for the fifth year in a row.
The budget fully funds schools by putting another $9 million into K through 12 classrooms.
"The 2014 budget continues Wake County's practice of allocating to the highest priority areas: public safety, education, and human services and public health," said Wake County Board of Commissioners Chairman Joe Bryan. "The budget also funds development related services, which have shown recent growth, such as the Register of Deeds, building inspections and the Revenue Department. We are extremely pleased that we are able to meet these needs without a property tax increase."
The total Wake County budget is 4.7 percent more than last year.