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Greenville holds public hearing on proposed $504.5 million FY 2025-26 budget
Summary
City staff presented the proposed fiscal year 2025-26 budget totaling $504.456 million, outlined revenue assumptions and proposed rate changes; council heard questions about utility affordability and a resident raised flood concerns for the Town Common amphitheater.
Greenville city officials opened a public hearing Monday on the proposed fiscal year 2025-26 budget, which city staff said totals $504,456,000 and includes separate budgets for the Greenville Utilities Commission, Shepherd Memorial Library and the Greenville Convention and Visitor Authority.
Chief Financial Officer Jacob Joyner told the City Council the city operating budget is about $185.3 million and the proposed general fund is $118.8 million. Joyner said four revenue sources—property tax, sales tax, a transfer from Greenville Utilities Commission and utilities franchise tax—account for the majority of general-fund revenue. The proposed property tax rate would remain at 39.54 cents per…
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