News Flash

City of Greenville Official News Releases

Posted on: May 19, 2020

No Tax or Fee Increases in City FY 2021 Budget

Sign outside City Hall

No Tax or Fee Increases in City of Greenville FY 2021 Budget

City to Use Reserve Funds to Compensate for COVID Related Revenue Loss

During a public hearing and first reading of the proposed FY 2021 budget, Greenville City Manager John McDonough reported that prudent financial planning will provide the City the needed cushion to continue operations and move forward with vital community projects without increasing taxes or fees.

The City’s General Fund revenue is projected at approximately $95 million. Expenditures are $105 million. The $6 million deficit will be covered through reserve funds, which will be used for one-time expenses only.

Greenville will continue to invest in:

  • Affordable housing
  • Public safety and first responders
  • Economic development
  • Road safety, neighborhood traffic calming, trail improvements
  • Excellent day-to-day service to our community

Budget highlights include:

  • $3.75 million for wastewater system rehabilitation
  • $3.5 million for bridges for Swamp Rabbit Trail expansion
  • $1.3 million Stormwater improvement projects
  • $1 million for new sidewalk construction
  • $1 million for street resurfacing
  • $750,000 in Economic Development to facilitate post-COVID recovery
  • $500,000 for affordable housing
  • $500,000 for intersection safety improvements
  • $200,000 for public safety cameras

Recognizing that 60% of General Fund revenues are not realized until February/March and that COVID recovery measures are needed, the City is taking a measured approach to expenditures by:

  • Deferring capital/rolling-stock purchases until 3Q/4Q
  • Deferring capital improvement projects (new money) until 3Q/4Q
  • Delaying consideration of compensation adjustments, except for employees receiving their first-anniversary performance evaluation, until the latter half of the fiscal year

The City will continue to fulfill all financial obligations, including debt service payments. While it was previously announced that Unity Park construction would be slowed, an initial investment of $5 million will allow site preparation work and landscaping to continue as scheduled.

“The proposed budget is designed to reflect City Council priorities and set the framework for addressing short and long-term needs,” said McDonough. “The City’s financial condition remains solid and our strong financial position allows us flexibility as we continue to address issues associated with growth such as transportation, affordable housing and public safety.”

Second reading and adoption of the budget are scheduled for the June 8 formal City Council meeting.

View Budget Documents
Facebook Twitter Email

Other News in City of Greenville Official News Releases

Mayor Knox White speaking at a rally in the Peace Center plaza

Message from Mayor Knox White

Posted on: June 12, 2020
market photo

TD Essential Market Opens Saturday

Posted on: June 2, 2020
Greater Greenville Pledge logo

Take the #GreaterGVLPledge

Posted on: May 12, 2020

Unity Park Budget Approved

Posted on: March 25, 2020

Gower Park Graffiti Damage

Posted on: March 20, 2020
Mayor Knox White picking up carryout from a local restaurant impacted by the COVID-19 pandemic

Mayor Offers Support to Businesses

Posted on: March 18, 2020
Mayor Knox White signs emergency proclamation

Mayor Takes Emergency Action

Posted on: March 17, 2020
image of playground with CLOSED sign over it

City Expands Closures

Posted on: March 16, 2020
coronavirus photo of virus

City Modifies Operations

Posted on: March 13, 2020
Food For Fare graphic text

Greenlink Offering “Food for Fare”

Posted on: February 11, 2020
City Christmas tree, in front of Poinsett Hotel

A Full Season of Holiday Happenings

Posted on: December 3, 2019

Greenlink to Celebrate Try Transit Month

Posted on: September 30, 2019

Free Parking on Labor Day

Posted on: August 30, 2019

Greenlink Launches New Monthly Pass

Posted on: July 10, 2019

GVL2040 Update and Survey

Posted on: July 3, 2019

Greenlink Launches Electronic Ticketing

Posted on: December 18, 2018

City Issues Weather-Related Information

Posted on: December 9, 2018

Greenlink to Celebrate Try Transit Month

Posted on: September 28, 2018