Florence City Council proposes $7.5M millage increase to address budget shortfall

Florence City Council has proposed a significant budget for the fiscal year 2025-2026, totaling $145 million, which includes a $7.5 million increase in operating millage to address a projected shortfall. This increase is expected to generate approximately $1.75 million, helping to balance the budget amid uncertain revenue forecasts.

During a recent budget work session, city officials highlighted that the initial budget request exceeded revenue estimates by $6.5 million. To mitigate this, the council has adopted a conservative approach, making adjustments to operational and capital funding requests. Notably, the budget allocates $1.1 million for early purchases, including funding for a new sports complex.

Florence's property tax rates remain competitive, with the city ranking fourth among 17 similar municipalities in South Carolina for the lowest millage rates. The effective tax rate, after accounting for local option sales tax credits, stands at 26.5 mills, positioning Florence favorably compared to other cities.

The budget also emphasizes public safety, with a significant portion dedicated to personnel costs, totaling over $35 million. The council discussed the effectiveness of flock cameras, which have proven successful in crime deterrence and recovery of stolen property. The police chief reported that these cameras have led to numerous arrests and the recovery of stolen vehicles, underscoring their value to community safety.

Despite the proposed millage increase, city officials reassured residents that Florence's rates remain lower than many comparable municipalities. The council is committed to maintaining essential services and ensuring that public safety remains a priority, even as state funding cuts have necessitated local adjustments.

As the city prepares for the upcoming fiscal year, the council's decisions reflect a proactive approach to budgeting, aiming to balance fiscal responsibility with the needs of the community. The next steps will involve finalizing the budget and implementing the proposed changes to enhance public safety and community services.