Biz Briefs: N.C. Employee Ownership Center prepares for business transition­s

N.C. Employee Ownership Center prepares for business transitions Just as the COVID-19 pandemic is waning in Western North Carolina, local businesses face another, slower-moving economic crisis. According to data from the U.S. Census Bureau, around half of all privately held businesses with employees in WNC — roughly 14,000 firms — are owned by people over […]

Kim Roney with cardboard box

Asheville Council approves tax increase, gets crime update

During its June 22 meeting, Asheville City Council voted 6-1 to approve the $201.67 million operating budget for fiscal year 2021-22, which includes an effective property tax increase of 2 cents per $100 in valuation and $8.7 million in new spending. Kim Roney was the sole vote against the budget, arguing that the tax increase would harm poorer residents.