Henry Preps County for Tough Budget Year
Dover News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
New Castle County Executive Marcus Henry anticipates tax increases in the upcoming budget due to a persistent deficit and the loss of federal pandemic aid. Despite trimming nearly $30 million through spending cuts, a gap remains, necessitating higher taxes. Rising costs, including contract expenses, healthcare bills, and police pay, exacerbate the situation. The countys AAA bond rating is at risk without addressing long-term financial issues. While residents grapple with increased living costs, Henry emphasizes the importance of steady revenue for essential services. Despite financial constraints, plans for growth, such as expanding library access in underserved areas, are still under consideration. The administration aims to provide clear answers during upcoming hearings, focusing on balancing the budget while serving the community.
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