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Mayor and Council approve 'no millage increase' budget of $13.06 million; cuts discretionary spending

Mayor and Council approved the city's Fiscal Year 2021 Budget June 8, one that tries to predict the economic hardships coming in the wake of the COVID-19 pandemic.

Residents will not see a millage increase for the sixth straight year.

The balanced budget of $13,063,295 shows it is actually higher than last year's due to additional revenue streams and offsetting, mandated expenditures. FY 2021 net spending is up by 3.2 percent or $414,431.

While there is a salary freeze for city employees, a "once-in-a-decade" 27th bi-weekly paycheck will result in a $221,392 budget increase.

Two other revenue increases are due to $385,000 in Community Development Block Grant revenue for the city's proposed Greenway and a projected $300,000 from School Zone Traffic Cameras.

Without these expenditures, FY21 would actually be down by $491,961 or 4 percent.

Capital needs are being met with $721,000 for street resurfacing and $800,000 in stormwater projects.

Negative pandemic impacts can be seen across all revenue items including a projected decrease of 40 percent in hotel/motel room tax, a drop of almost 20 percent in the Title Ad Valorem Tax and a 25 percent reduction in intangible taxes and the sanitation subsidy has increased to $773,192.

For a breakdown of the 2021 budget - click here

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