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Savannah presents $602 million FY25 budget with no tax-rate increase; $78.3M in capital allocations
Summary
City staff presented a balanced $602 million FY25 budget that holds the millage at 12.20, includes $78.3 million in proposed capital allocations and sets aside funds for a 3% cost-of-living adjustment; council focused questions on stormwater, SPLOST timing and fund accounting.
City Manager (unnamed) presented the City of Savannah’s proposed $602,000,000 FY25 budget at a Nov. 26 council workshop, saying the plan is balanced and calls for no tax-rate increase.
The manager described the proposal as one that “is balanced, and I believe it delivers high quality and improved services, for our residents.” The draft budget would maintain the millage at 12.20, keep general fund spending at about $291,000,000 and set the capital program at $78,300,000 in new allocations for FY25. Staff also identified approximately $11,100,000 set aside for a 3% cost-of-living adjustment and about $5,300,000 in strategic budget cuts and efficiencies.
Why it matters: maintaining the current millage rate while funding a large capital plan aims to preserve municipal services without raising property taxes. Council members pressed staff on how one-time…
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