Local residents will get a chance Tuesday to give their opinions on the proposed City of Greenville budget.
The Greenville City Council has scheduled the annual public hearing on the budget during Tuesday’s regular session agenda, starting at 6 p.m. the Municipal Building, 2821 Washington Street. The council intends to continue discussions on the budget during a work session which begins at 5 p.m. Tuesday.
City Manager Massoud Ebrahim has proposed maintaining the current property tax rate of 69.9 cents per $100 valuation in the coming budget. The rate would be below the effective tax rate, which would raise the same amount of money as in the current fiscal year, of 74.1 cents.
The budget calls for a little more than $20.9 million in expenditures, and $20.7 million in revenues. Ebrahim is proposing to take the diference from the fund balance.
The proposed budget is leaving several currently vacant positions unfilled and is making up for a significant shortfall in property tax revenue.
The budget also includes an increase in the amount to be spent on maintaining city streets, as well as a 3 percent pay increase for city employees.
Votes to officially adopt the budget and tax rate are scheduled for September 24.
A new city budget and tax rate must be adopted before the start of the next fiscal year on October 1.
Copies of the proposed budget are available for review in the City Secretary’s Office, at the W. Walworth Harrison Public Library and on the City of Greenville web site at www.ci.greenville.tx.us.