Wilmington Council approves new billing system and community grants

The Wilmington Finance & Economic Development Committee convened on June 2, 2025, to discuss several key ordinances aimed at improving financial management and community support within the city. The meeting highlighted significant changes to billing practices, tax exemptions for vulnerable populations, and funding for community events.

One of the most notable discussions centered around a new ordinance designed to address inconsistencies in how payments are applied to residents' accounts. Committee members expressed concern over rising delinquencies, emphasizing the need for payments to be directed towards principal amounts rather than accruing interest and penalties. The proposed legislation aims to ensure that all payments made by residents will go directly to the principal, helping to alleviate financial burdens. To raise awareness about this change, officials plan to include information on billing statements and launch a communications campaign to inform residents.

Another important topic was the amendment to the city code regarding tax exemptions for elderly and disabled residents. Following a recent property reassessment that increased property values, the committee proposed raising the exemption threshold from $40,500 to $210,300. Additionally, the income eligibility criteria will now align with the federal poverty level, allowing more residents to qualify for these vital tax breaks. This change is expected to provide much-needed financial relief to vulnerable populations in Wilmington.

The committee also approved a resolution for grant funding to the Union Park Gardens Neighborhood Association, totaling $5,000. This funding will support community events, including summer movie nights and a Veterans Day celebration, reinforcing the city’s commitment to fostering community engagement and support.

As the meeting concluded, all discussed ordinances were set to be voted on in the upcoming session on June 5, 2025. The committee's actions reflect a proactive approach to addressing financial challenges faced by residents and enhancing community cohesion through targeted support initiatives.