Government

Jun 7, 2021

New Hanover County officials are set to hold a public hearing today regarding the next fiscal year’s proposed budget, which includes a property tax rate of 47.5 cents per $100 valuation, compared to last year’s 55.5-cent rate. Despite the lower tax rate, some property owners will have higher tax bills because of a recent revaluation that resulted in an avera ...

May 18, 2021

New Hanover County and the city of Wilmington are looking at funding several economic development items for the next fiscal year. New Hanover County Commissioners were presented with the county’s $461 million recommended budget for the fiscal year 2021-22 in a meeting Tuesday. The budget shows an increase of 15.5% from the FY 2020‐21 adopted budget. T ...

May 5, 2021

nCino Sports Park is expected to draw tens of thousands of parents and players when it opens, along with visitors coming to tournaments and the dollars they spend. The city of Wilmington on Tuesday night approved a $1.3 million agreement with cloud banking firm nCino for a long-term sponsorship of the Port City sports complex, including naming the park after the rapidly ...

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Life Insurance: How Much Do I Really Need?

Posted Jun 10, 2021
No emotion is necessary when you are calculating how much life insurance you really need. Just math. Let’s try to add it up here.
 
Following the September 11th terrorist attacks and the creation of numerous victims’ compensation funds, numerous scholars and financial economists roundly debated the economic value of a human life. Varying complex equations aside, many...read entire article
May 3, 2021

A multi-million dollar city of Wilmington sports complex could be named after one of its fastest-growing companies – the publicly traded banking software firm nCino. Wilmington City Council will consider a resolution Tuesday allowing the city manager to enter into a sports complex sponsorship agreement with nCino (Nasdaq: NCNO) in the amount of $1.3 million. Th ...

Apr 27, 2021

Affordable Housing Options Heard At Joint City-county Meeting

By Christina Haley O'Neal, posted Apr 27, 2021

City and county leaders will mull over ways to bring more affordable housing to the Port City following a presentation and recommendations on the topic at a special joint meeting Tuesday. Members of the New Hanover County Board of Commissioners and Wilmington City Council heard a presentation from Dave Spetrino, president and CEO of PBC Design + Build and the leader and ...

Apr 8, 2021

Funding for local educational institutions and area attractions is in Gov. Roy Cooper’s proposed North Carolina state budget. The budget, a proposed outline for the FY 2021-2023 biennium, has a total recommended budget of $27.3 billion for the 2021-22 fiscal year and nearly $28.7 billion in FY 2022-23, according to the spending plan released last month. ...

Apr 6, 2021

County OKs Spending Plan For $45M In Relief Funds

By Johanna Cano, posted Apr 6, 2021

The county’s plan for how it will spend $45.4 million as part of the American Rescue Plan has been rubber-stamped. New Hanover County Commissioners on Monday afternoon approved a framework on how the federal funds will be spent, which includes $3.85 million for business, nonprofit and employment assistance. “New Hanover County has an important responsibil ...

Mar 31, 2021

New Hanover County is expected to receive an estimated $45.4 million from the American Rescue Plan signed into law this month by President Joe Biden, and some of that money could go toward economic development efforts and aid to businesses. According to a draft framework county officials have put together for how to use the federal funds, nearly $4 million could be ...

Mar 14, 2021

Project Grace Roadmap Approved By County Commissioners

By Cece Nunn, posted Mar 14, 2021

A unanimous decision by the New Hanover County Board of Commissioners on Monday allows a major downtown redevelopment project to move forward after five years of discussions. The board approved a Memorandum of Understanding for Project Grace, a development that is expected to transform a 3-acre, county-owned block bordered by Grace, Third, Chestnut and Second stree ...

Feb 12, 2021

The New Hanover County Board of Commissioners will hold a public hearing on a proposed Memorandum of Understanding for Project Grace at its regular meeting at 9 a.m. March 15, according to a county announcement. The proposed $107 million redevelopment would transform a 3-acre, county-owned block in downtown Wilmington, bordered by Grace, Third, Chestnut&n ...

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COVID And The Cape Fear Residential Real Estate Market

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In The Current Issue

Agency Steps Up To Help The Jobless

The pandemic highlighted the haves and have-nots, amplifying the need for organizations like StepUp Wilmington....


Eyeing Potential On S. College Road

More activity could be coming soon to vacant property in the 800 block of South College Road in Wilmington, and while it appears nothing’s s...


Apple News Could Bear Local Fruit

There are several areas in which Apple and its announcement of a company location in Wake County could impact the Cape Fear region....

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