Our Town: July/Aug 2018

Our Town July/August 2018

Town of Wake Forest 301 S. Brooks Street Wake Forest, NC 27587 919-435-9400

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News Highlights

This year’s Fireworks Spectacular will be held at Heritage High School on Tuesday, July 3. Admission is free.

INDEPENDENCE DAY Wake Forest serves up two days of fun

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ireworks, games, live entertainment and more await you at Wake Forest’s 2018 Independence Day Celebration. Presented by Power Secure, this community extravaganza is Wake Forest’s most eagerly anticipated summertime event serving up two days’ worth of fun and excitement for the entire family— and this year it’s all free! Fireworks Spectacular

The festivities get underway with the Fireworks Spectacular on Tuesday, July 3, inside Husky Stadium on the campus of Heritage High School,

1150 Forestville Road. Gates open at 5:30 p.m. Crush, one of our area’s most popular party bands, will headline this year’s celebration, followed by an unforgettable 20-minute fireworks display. The fireworks show typically begins at dusk, but there is no official start time. Concessions, including hamburgers, hot dogs, popcorn, and snow cones will be available for purchase. A variety of food and dessert trucks will also be on site, including Lumpy’s, Kona Ice, Sunshine Girls Lemonade, Jays Italian see “Fourth of July” on next page

Wake Forest Town Hall closed on Independence Day: Town hall and all administrative offices will be closed Wednesday, July 4, for Independence Day. For a complete list of Town holidays and any changes to Town services, visit wakeforestnc.gov and search “holiday schedule.”

Wake Forest attains AAA bond rating » Standard & Poor’s (S&P) and Fitch Ratings Services recently assigned AAA ratings to Wake Forest’s series 2018A and 2018B general obligation public improvement bonds ($16.8 million). A credit rating is an opinion on the general creditworthiness of an obligor, or the creditworthiness of an obligor in respect to a particular debt security or other financial obligation. The Town’s excellent bond rating communicates that Wake Forest is a fiscally healthy community. It signals that the Town’s financial future is strong and ensures Wake Forest’s interest costs will remain as low as possible. n n n

2018-19 Annual Budget Highlights » The 2018-19 budget was approved by the Wake Forest Board of Commissioners in June. Highlights of the annual budget include: n Sixteen new positions were added to the Town’s staff (14 of those in public safety) n Property tax remains at $0.52 per $100 of assessed property valuation n Vehicle fee increased from $15 to $25 effective July 1 (additional $10 for debt service fund). wakeforestnc.gov, search “budget” n n n

Enjoy concerts at E. Carroll Joyner Park » Sunday, Aug. 5, and Sunday, Sept. 2 at 5 p.m.