Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Finance committee votes to advertise 1.0 mill increase for Holly Springs City; public hearings set
Summary
Holly Springs City Finance and Administration Committee voted to advertise a 1.0 mill increase for the 2025 millage rate, setting public hearings for Aug. 4 and Aug. 18; the preliminary 2026 budget proposes no new positions, frozen vacancies and no pay raises.
Holly Springs City’s Finance and Administration Committee voted to advertise a 1.0 mill increase for the 2025 millage rate and scheduled public hearings for Aug. 4 and Aug. 18.
The committee’s presenter, identified in the transcript as Unidentified Speaker 2, said the calculator rollback rate is 3.945 and outlined revenue scenarios: a 0.25‑mill increase (4.195) would generate about $285,000 over the rollback, 0.5 mill (4.445) about $571,000, 0.75 mill (4.695) about $857,000, and a full 1.0 mill (4.945) about $1.1 million.
Unidentified Speaker 2 said ad copy for the Aug. 4…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
