There will be cuts but no new taxes.
That’s the upshot of the $284 million operating budget put forward by New Castle County Executive Matt Meyer.
The Wilmington News Journal reports that he is proposing $194 million in spending from the general fund which amounts to a 4 percent increase.
But Meyer expects a $13 million deficit over the coming year, which he says, will be met with spending cuts as well as the county’s tax stabilization reserves.
Meyers wants to reduce overtime and reinstate premiums for Medicare retirees.