The Cumberland County FY 2026 Budget Public Hearing held on June 5, 2025, highlighted pressing concerns regarding housing affordability and economic mobility in Fayetteville and the surrounding areas. As community members gathered to voice their opinions, the discussions revealed a growing anxiety about the impact of rising property values and taxes on everyday citizens.
One speaker, Mr. Mosley, shared his personal experiences as a homeowner facing increasing taxes due to escalating home values. He emphasized that while rising equity may seem beneficial, it poses significant challenges for many residents, particularly those without inherited wealth. Mosley pointed out that the median home price in North Carolina has reached approximately $376,000, making homeownership increasingly unattainable for average families. He expressed concern for the younger generation, noting a troubling trend of economic mobility, especially among Black families, who face a nearly 50% rate of downward mobility.
Mosley’s remarks underscored a broader issue of economic disparity, as he recounted witnessing young individuals contemplating theft out of desperation. His plea for attention to the needs of the most vulnerable in the community resonated with the audience, highlighting the urgent need for programs that support those struggling to make ends meet.
The meeting also featured other speakers, including Jason Rivera Dela Cruz, who contributed to the dialogue on community needs. While specific details of his address were not included in the transcript, the collective voices at the hearing pointed to a critical moment for Cumberland County as it navigates its budgetary priorities.
As the county prepares to finalize its budget, the discussions from this public hearing will likely influence decisions aimed at addressing housing affordability and supporting economic mobility. The community's call for action reflects a growing recognition of the need for comprehensive solutions to ensure that all residents can thrive in an increasingly challenging economic landscape.