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Charleston mayor presents $113.5 million proposed budget; no new taxes or fees
Summary
Mayor and city finance staff presented a $113.5 million proposed budget to the City of Charleston Finance Committee on March 3, 2025, emphasizing continued investments in paving, public safety, employee wages and health benefits while avoiding tax or fee increases.
Mayor presented the City of Charleston’s proposed budget of $113,500,000 to the Finance Committee on March 3, 2025, saying the proposal does not include any new taxes or fee increases.
The mayor said the proposal keeps “robust funding for city services, and infrastructure,” highlights a continued paving program and raises the minimum city pay grade toward a $15 starting wage. Finance staffer Andy gave a detailed breakdown of revenues, major expense items and capital replacements during the presentation.
The administration framed the budget as the product of multi-year work aimed at strengthening the city’s financial position. Andy said the city’s net position improved to about $329 million between fiscal 2018 and 2024 and reported reserve balances including a $17.5 million rainy-day fund and $18.3 million in employee insurance reserves.
Key figures in the proposed budget include a $113,500,000 total budget (described in the presentation as $113.5 million), roughly $80 million in staffing costs, $16 million in health…
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