Monday, February 4, 2008

Wilmington Outlines Budget Cuts


Film incentives, business travel, and new road signs are all being slashed from this year’s Wilmington City budget, as officials try to make up for a nearly four million dollar shortfall.

The problem stems from an error in how New Hanover County calculated property tax revenues last year. State law requires governments to balance their budgets, so now Wilmington, with half the fiscal year to go, has to cut back the spending it approved in June...


Read the full article here.

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