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<b><span style="font-size:9.0pt;color:#00467E"><o:p> </o:p></span></b></p>
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<b><span style="color:#00467E">News Media Contact<o:p></o:p></span></b></p>
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<span style="color:#00467E"><a href="mailto:CommsMedia@DurhamNC.gov">CommsMedia@DurhamNC.gov</a></span><span style="font-size:10.0pt;color:#00467E"><o:p></o:p></span></p>
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<span style="font-size:50.0pt;color:#00467F">News Release</span><span style="color:#00467F;text-transform:uppercase">
</span><br>
<span style="font-size:10.0pt;color:#EF3D42">For Immediate Release: June 17, 2024</span><span style="color:#D3372A"><o:p></o:p></span></p>
<p class="MsoNoSpacing"><o:p> </o:p></p>
<p class="MsoNoSpacing" align="center" style="text-align:center"><b><span style="font-size:14.0pt">City Council Approves New Budget for Durham, Includes Property Tax Increase<o:p></o:p></span></b></p>
<p class="MsoNoSpacing"><o:p> </o:p></p>
<p class="MsoNoSpacing">DURHAM, N.C. – The City Council has unanimously approved the City of Durham's budget for the 2024-2025 fiscal year, which includes a property tax rate increase of 3.85 cents to provide funding to fairly compensate City employees.<o:p></o:p></p>
<p class="MsoNoSpacing"><o:p> </o:p></p>
<p class="MsoNoSpacing"><b><span style="font-size:12.0pt">Budget Highlights<o:p></o:p></span></b></p>
<ul style="margin-top:0in" type="disc">
<li class="MsoNoSpacing" style="margin-left:-.25in;mso-list:l0 level1 lfo1"><b>New Property Tax Rate</b>: The new rate is 59.62 cents per $100 of property value, up from last year’s 55.77 cents. For a home valued at $254,421, the median home tax value according
 to the Durham County Office of Tax Administration, this means a yearly City tax bill of about $1,517. Residents may use this
<a href="https://app.powerbigov.us/view?r=eyJrIjoiMjE4MGM2ZTctYWZjMi00YTlhLWExZjYtZmI3M2U2ZWI4NzIyIiwidCI6ImMxNmEwMGEzLTU2MDktNDdjMC1iMmMyLTcyZDg2MzVlMzQyMyJ9&pageName=ReportSectionb6ce01eb99ce6e2792ed">
Property Tax Bill Calculator</a> to help determine their new County and City tax bills based on their
<a href="https://property.spatialest.com/nc/durham-tax/#/">property’s value</a>, the new
<a href="https://www.dconc.gov/Home/Components/News/News/10143">County tax rate</a>, and the new City tax rate.<o:p></o:p></li></ul>
<p class="MsoNoSpacing"><o:p> </o:p></p>
<ul style="margin-top:0in" type="disc">
<li class="MsoNoSpacing" style="margin-left:-.25in;mso-list:l0 level1 lfo1"><b>Total Budget</b>: The budget totals $668 million, which is 9.5% more than last year. The main reason for the increases in the total budget and the property tax rate is to
<a href="https://cityordinances.durhamnc.gov/OnBaseAgendaOnline/Documents/ViewDocument/WS-Published%20Attachment%20-%2016946%20-%20PRESENTATION%20-%202%20-%20FY24%20CLASSIFICATION%20AND.pdf?meetingId=642&documentType=Agenda&itemId=37962&publishId=214067&isSection=false">
adjust City employee salaries to align with current market rates</a>. <o:p></o:p></li></ul>
<p class="MsoNoSpacing"><o:p> </o:p></p>
<ul style="margin-top:0in" type="disc">
<li class="MsoNoSpacing" style="margin-left:-.25in;mso-list:l0 level1 lfo1"><b>Employee Compensation</b>: General step plan employees will receive market-based adjustments ranging from 7.6% to 20.21%; open range plan employees will receive adjustments ranging
 from 6.62% to 9.76%; and executive employees will receive adjustments capped at 5%. Sworn fire employees will receive adjustments up to 17.65% and sworn police will see adjustments up to 22.5%. In addition to market-rate salary adjustments, the budget also
 includes pay-for-performance raises of 5% for general employees; 4-6% for open range employees; and 5% for police and fire employees. The minimum livable wage for City employees will also increase to $19.58 per hour or $40,726 per year.<o:p></o:p></li></ul>
<p class="MsoNoSpacing"><o:p> </o:p></p>
<ul style="margin-top:0in" type="disc">
<li class="MsoNoSpacing" style="margin-left:-.25in;mso-list:l0 level1 lfo1"><b>Community Programs</b>: Funding will support a number of programs including the Guaranteed Income Program, Hayti Reborn Justice Movement, Immigrant Legal Defense Fund,
<a href="https://www.deardurham.org/">Durham Expunction and Restoration (DEAR) Program</a>,
<a href="https://www.dconc.gov/county-departments/departments-f-z/social-services/aging-and-adult-services/low-income-housing-relief-lihr">
Durham County Low Income Homeowners Relief Program</a>, a new Office of Survivor Care, and a new Summer Camp Grant Fund.<o:p></o:p></li></ul>
<p class="MsoNoSpacing"><o:p> </o:p></p>
<ul style="margin-top:0in" type="disc">
<li class="MsoNoSpacing" style="margin-left:-.25in;mso-list:l0 level1 lfo1"><b>Public Transportation</b>: The budget ensures that
<a href="https://godurhamtransit.org/">GoDurham</a> buses will remain free for riders through June 30, 2025.<o:p></o:p></li></ul>
<p class="MsoNoSpacing"><o:p> </o:p></p>
<ul style="margin-top:0in" type="disc">
<li class="MsoNoSpacing" style="margin-left:-.25in;mso-list:l0 level1 lfo1"><b>Safety Initiatives</b>: New funding will go to the
<a href="https://www.durhamnc.gov/2995/Vision-Zero">Vision Zero Durham program</a> to reduce traffic deaths and serious injuries.<o:p></o:p></li></ul>
<p class="MsoNoSpacing"><o:p> </o:p></p>
<ul style="margin-top:0in" type="disc">
<li class="MsoNoSpacing" style="margin-left:-.25in;mso-list:l0 level1 lfo1"><b>New Positions</b>: Three new full-time positions will be added to the Planning and Transportation departments.
<o:p></o:p></li></ul>
<p class="MsoNoSpacing"><o:p> </o:p></p>
<p class="MsoNoSpacing"><b><span style="font-size:12.0pt">Capital Improvement Projects (CIP)<o:p></o:p></span></b></p>
<p class="MsoNoSpacing" style="margin-left:.25in;text-indent:-.25in;mso-list:l1 level1 lfo2">
<![if !supportLists]><span style="font-family:Symbol"><span style="mso-list:Ignore">·<span style="font:7.0pt "Times New Roman"">       
</span></span></span><![endif]><b>Total CIP Funding</b>: $232.1 million for new and ongoing projects.<o:p></o:p></p>
<p class="MsoNoSpacing"><o:p> </o:p></p>
<p class="MsoNoSpacing" style="margin-left:.25in;text-indent:-.25in;mso-list:l1 level1 lfo2">
<![if !supportLists]><span style="font-family:Symbol"><span style="mso-list:Ignore">·<span style="font:7.0pt "Times New Roman"">       
</span></span></span><![endif]><b>General Capital Projects</b>: $84.7 million for 45 projects including <a href="https://www.dprplaymore.org/516/Soil-Property-Testing" target="_blank">lead soil remediation in parks</a>, school zone speed reductions and trail
 crossing improvements, Guess Road improvements for safer bicycling, <a href="https://www.durhamnc.gov/3763/Neighborhood-Bike-Routes" target="_blank">neighborhood bike routes</a>, and bike lane vertical protection. <o:p></o:p></p>
<p class="MsoNoSpacing"><o:p> </o:p></p>
<p class="MsoNoSpacing" style="margin-left:.25in;text-indent:-.25in;mso-list:l1 level1 lfo2">
<![if !supportLists]><span style="font-family:Symbol"><span style="mso-list:Ignore">·<span style="font:7.0pt "Times New Roman"">       
</span></span></span><![endif]><b>Enterprise Fund Projects</b>: $147.4 million for 18 projects related to water and sewer, stormwater, and solid waste.<o:p></o:p></p>
<p class="MsoNoSpacing"><o:p> </o:p></p>
<p class="MsoNoSpacing" style="margin-left:.25in;text-indent:-.25in;mso-list:l1 level1 lfo2">
<![if !supportLists]><span style="font-family:Symbol"><span style="mso-list:Ignore">·<span style="font:7.0pt "Times New Roman"">       
</span></span></span><![endif]><b>Streets and Sidewalks</b>: $15 million for ongoing maintenance.<o:p></o:p></p>
<p class="MsoNoSpacing"><o:p> </o:p></p>
<p class="MsoNoSpacing"><b><span style="font-size:12.0pt">Utility Rate Increases<o:p></o:p></span></b></p>
<ul style="margin-top:0in" type="disc">
<li class="MsoNoSpacing" style="margin-left:-.25in;mso-list:l2 level1 lfo3"><b>Water and Sewer</b>: A monthly increase of $2.66 for Tier 2
<a href="https://cityordinances.durhamnc.gov/OnBaseAgendaOnline/Documents/ViewDocument/WS-Published%20Attachment%20-%2016936%20-%20PRESENTATION%20-%203%20-%20FY%202025%20WATER%20AND%20SEW.pdf?meetingId=642&documentType=Agenda&itemId=37943&publishId=214062&isSection=false">
residential customers</a>.<o:p></o:p></li></ul>
<p class="MsoNoSpacing"><o:p> </o:p></p>
<ul style="margin-top:0in" type="disc">
<li class="MsoNoSpacing" style="margin-left:-.25in;mso-list:l2 level1 lfo3"><b>Stormwater</b>: A monthly increase of $1.55 for Tier 2
<a href="https://cityordinances.durhamnc.gov/OnBaseAgendaOnline/Documents/ViewDocument/WS-Published%20Attachment%20-%2016921%20-%20PRESENTATION%20-%202%20-%20ATTACHMENT%20A%20-%20STORMWAT.pdf?meetingId=642&documentType=Agenda&itemId=37963&publishId=214097&isSection=false">
residential customers</a>.<o:p></o:p></li></ul>
<p class="MsoNoSpacing"><o:p> </o:p></p>
<p class="MsoNoSpacing">To learn more about the approved budget, visit the City’s Budget and Management Services Department
<a href="https://durhamnc.gov/204/Budget-Development-Process">webpage</a>.<o:p></o:p></p>
<p class="MsoNoSpacing"><o:p> </o:p></p>
<p class="MsoNoSpacing" align="center" style="text-align:center">###<o:p></o:p></p>
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