Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
City manager unveils $913.2 million recommended budget and proposes lower property tax rate
Summary
City Manager Nathaniel Trey Davis presented a recommended budget totaling $913.2 million and proposed a city property tax rate of 58.36 cents per $100 of assessed value, down 8.95 cents from the prior year; public hearings are scheduled before final adoption.
City Manager Nathaniel Trey Davis presented the manager’s recommended budget for the fiscal year beginning July 1, proposing total appropriations of $913.2 million across all funds and a city property tax rate of 58.36 cents per $100 of assessed value, a reduction of 8.95 cents from the prior year, the program reported.
The recommended plan emphasizes public safety, workforce investments, infrastructure and maintenance, and capital planning. It also allocates funds for street and facility maintenance, utilities, stormwater and sewer operations, solid waste and broader capital planning needs, the announcement said. Housing and neighborhood vitality are supported through homeowner assistance, down-payment assistance, housing preservation, multifamily production and the Road to 10,000 housing initiative.
City officials said the recommended budget is being aligned with the city’s Vision 36 strategic framework. A public hearing on the proposed budget is scheduled for Tuesday, June 2, followed by a final adoption vote on Tuesday, June 16; residents were directed to the budget web pages and a Budget Priorities Survey for comment.
The city provided these topline figures and dates on FYI Weekly; the program identified Nathaniel Trey Davis as the presenting manager. The broadcast used the term "fiscal year 2620" in one segment; the city’s materials referenced the budget beginning July 1 and the public hearing/adoption dates above. Details and supporting documents are available on the City of Greensboro’s official budget website.
