posted on May 06, 2013 19:34
Larry Pressley presented his first budget as Statesville City Manager that contains no tax increase and a 3.5% increase in salaries for employees – the first increase in five years.
The proposed budget is $88,139,130 which includes:
$28,214,805 in General Fund
$48,752,600 in Electric Fund
$10,372,459 in Water/Sewer Fund
$799,266 in Civic Center Fund
The budget also contains a 2% increase in water and sewer rates and a 5% increase in electric rates.
To review the City Manager’s budget message, click here. The budget can be seen in its entirety in the office of the City Clerk (first floor of City Hall) or in the Finance Director’s office (second floor of City Office Building). Call 704-878-3544 for more information.
A public hearing on the budget will be held Monday, May 20.
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