Thursday, July 09, 2020
City Planning For 17.5% Water & Sewer Rate Increase

City Planning For 17.5% Water & Sewer Rate Increase

City of Goldsboro residents will see a water and sewer rate increase under the city’s proposed budget.

However, the property tax rate will remain unchanged.

Goldsboro Finance Director Catherine Gwynn went through the latest changes to the $63.5 million budget before the city council’s public hearing on Monday.

At the behest of the Public Works Department, Gwynn said the city could bump up the water and sewer rate increase to 17.5% to fund a valve crew and equipment.

There is also a $1 per month recycling surcharge while the property tax rate would remain unchanged.

Gwynn explained how the money gets spent, with Public Safety taking up $17.25 million – or about 27% – of the budget.

Gwynn says there is a 10% cut to many community agencies included in the budget.

The Goldsboro City Council will need to give final approval to the 2020-2021 Fiscal Year Budget before the end of the month.

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