Penalty Payments to WCPSS Total over $500,000 annually
Looking into 2025 budget a couple items stood out on page 207, "Special Appropriations". According to the city these are payments that are not specifically tied to a department. Of note - there is a 15.5% annual increase in "Post Employment Benefits" totaling almost...
City of Raleigh to Spend $227mm on Water Infrastructure in 2025
Raleigh Water: FY25 funding for more than 65 projects across the City ($227.75 million) based on an estimate of 500,000 people in Raleigh this is an estimated $450 per inhabitant spent on water infrastructure upgrades. This is a 20% increase on the $189,000,000 or so...
Land Subdivision Process Requires Approval of 10 Different City Employees
Below is a screenshot from the city of Raleigh portal for a proposed subdivision process I have been trying to get done at my home in Raleigh. We have a large lot that is big enough for two R4 designated lots, which would increase the inventory in our desirable...
Fiscal Year 2025 Raises Property Taxes 11 Percent
The FY25 budget will reflect changes to the City’s property tax base resulting from Wake County’scounty-wide re-evaluation of real estate values. The FY25 budget does not recommend a revenueneutral rate. The tax rate proposed for this budget is $0.355, or 35.5 cents...