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 ...

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 ...

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 ...

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 ...

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 ...

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. ...

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 ...

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 ...

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 ...

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 ...