Wilmington's budget proposal exceeds $200 million for 2025
Wilmington Mayor John Carney has proposed a budget of over $200 million for the fiscal year 2026. This budget includes a $13 million increase aimed at improving the city's financial stability and community services. Carney presented the budget during a city council meeting on March 20. Public hearings will follow throughout the month. The total budget for the city's general fund, along with funding for water, stormwater, and sewer services, increases by about 4% from last year. The general fund alone is approximately $201 million, while the additional water and sewer funds are around $95 million. The city recorded $204 million in revenue last fiscal year and is currently operating with a surplus. A significant part of the proposed budget—37.7%—will go to public works, which amounts to over $118 million. The police department will receive 21.7%, or roughly $67.8 million, with a small funding increase planned for recruitment and training initiatives. Carney emphasized that it is essential to maintain a strong workforce in both police and fire services. The city's tax rates will change due to property reassessments by New Castle County, but overall revenues are expected to remain stable. A new one-time tax assistance program will help ease the transition for residents, although more details are to come. Wilmington residents will see a rise in water and sewer rates. Water services will increase by 6.5%, and stormwater services by 6%. The city expects this will result in an additional $4.66 on monthly bills for average users. The budget includes $4 million for the Wilmington Fire Department to develop its own emergency medical services (EMS) since the current provider, St. Francis Hospital, is ending its service in June. Efforts are underway to recruit qualified EMS workers promptly. Carney has also formed a task force to address homelessness in the city, aiming to find solutions within 180 days. The group includes council members and local nonprofit leaders. Carney mentioned the importance of compassion and a coordinated approach to help the unhoused population effectively.