FY 2023-24 Budget document now available

Published 3:30 pm Monday, July 3, 2023

Getting your Trinity Audio player ready...

By Beaufort County Government 

The Final Approved Budget for the Fiscal Year 2023-24 is now posted on Beaufort County’s website, BeaufortCountyNC.gov.

 The budget goes into effect when the new fiscal year begins on Saturday, July 1, 2023.

 On June 5, the Beaufort County Board of Commissioners adopted a $72,076,083 balanced General Fund Budget. The final budget includes the adjustments made to the Manager’s Recommended Budget during a series of workshops that happened in May. Recordings of those workshops, and all Board of Commissioners meetings, are available on the County’s Vimeo channel, https://vimeo.com/showcase/10103884

 The Final Approved Budget:

  • Maintains the ad valorem tax rate at $0.625 per $100 of valuation.
  • Increases the fee associated with the solid waste enterprise fund by $5 to maintain operations and continue implementation of previously approved plans.
  • Maintains prior year water rates. Rates across all districts are uniform.
  • Includes an updated pay and classification plan and provides a minimum 5% base salary increase (5% Cost of Living Adjustment or the increase recommended by the salary study, whichever is greater).
  • Continues to fund the Capital Improvements Fund with $0.01 of projected property tax revenue as established in the FY 19-20 budget.
  • Maintains all districts’ prior year fire and EMS tax rates.

 A complete list of budget adjustments approved by the Board of Commissioners is included in the Manager’s Budget Message.