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Goldsboro manager presents $93.18 million proposed budget with tax-rate and fee changes
Summary
City staff presented a proposed FY 2025–26 budget of $93,180,000, highlighted by pay adjustments, three new positions, a proposed vehicle license fee increase (from $10 to $30), street repaving funding, and a 9% utility rate increase to aid a large water reclamation facility expansion.
City Manager’s office and finance staff on May 5 presented the Goldsboro City Council with an overview of the manager’s proposed fiscal year budget totaling $93,180,000, an 8.5% increase from the prior year.
Finance Director Katherine (last name not specified in the record) said the budget is balanced with no use of fund balance for operating funds and includes a recommended 3% cost-of-living adjustment and additional salary adjustments. The proposal includes three new positions: a second assistant city manager and a deputy police chief funded from the general fund, and a…
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