Local budgets are approved- what it means in Wake County and Raleigh

July 1 marked the start of FY23, which means local governments are implementing their new budgets. Wake County and the City of Raleigh budgeted $1.7 billion and $1.14 billion, prioritizing investments to address population growth, inflation, affordable housing, and other rising demands.

Wake County grows by 62 people every day, making it the 3rd fastest growing county in the country. The local governments’ budgets reflect additional investments to balance this growth.

Celebrating the LGBTQ+ community’s housing wins and partnering on continuing equity efforts

Habitat Wake Americorps member hammering

This Pride Month, we join in the celebration of LGTBQ community’s decades of activism and elevate their contributions to affordable housing. Habitat Wake supporters, staff, homeowners and our community at-large have benefited from the labor and creativity of this community, and for that we are grateful.

One of Habitat Wake’s supporters shared this about our mission:

Understanding the FY23 Wake County and City of Raleigh budget process

Blue tinted budget

As you may have heard, it’s budget season! From now through June, our local governments will be considering funding priorities and gathering input from the community to inform the budget for next fiscal year. Public budgets are the guiding document for how taxpayer dollars are spent. They reflect a community’s values and investment priorities.

Local budgets must first provide critical services to residents, such as water and sewer infrastructure, trash collection, and public safety. Additional revenues can be allocated to other types of programs like arts and cultural resources.