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New Hanover County Commissioners approved an effective property tax increase to finance a variety of expanded and new initiatives. (Port City Daily photo/File) NEW HANOVER COUNTY –– A typically run-of-the-mill process was inflamed this week when New Hanover County Commissioners effectively passed a tax increase, with two commissioners splintering off from the anticipated state of affairs in favor of finding alternative revenue sources.  The now-approved $458 million budget is up $58.4 million from the current fiscal year, or about 15%. To finance a variety of initiatives, including making New Hanover County Schools employees the highest-paid teachers in the state, the county opted to raise property taxes. The tax rate isn’t actually increasing (in fact, it’s going down by $0.08), but because of recent property revaluations, most property owners will end up paying more. Property values increased by an average of 33% as a result of this year’s revaluation; the last reval

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