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Whiteville opens public hearing on FY 2025-26 budget; city to begin collecting its own taxes
Summary
City officials opened a public hearing on the fiscal year 2025-26 budget and outlined a plan for the city to take over local tax collection from the county, highlighted budget totals and fund balances, and submitted budget amendments for council consideration.
The City of Whiteville opened a public hearing on its fiscal year 2025-26 budget and heard staff describe key changes, including a plan for the city to begin collecting its own property taxes and the purchase of tax software to support that change.
City staff said the city has been working with the county on tax collection since 2010 but will assume tax collection next year after the county proposed a change that city staff said would amount to a "643 percent increase" using the county's numbers; staff said the city purchased tax software to handle collections. "We purchased the tax software," a staff presenter said during the hearing. The council heard that the city currently has roughly $1,700,000 in its trust account and staff proposed placing $100,000 into a FirstBank account in part to take advantage of favorable lending terms for police vehicle loans.
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