Greenville City Council approves budget for 2024-2025 fiscal year

GREENVILLE, N.C. (WITN) -If you’re a Greenville resident, then get ready to see your property taxes increase following the approval of next year’s fiscal budget by city council Thursday.

Councilmembers met to vote on the proposed 2024-2025 fiscal year budget, which includes a tax rate that they say is 2.69 cents higher than what revenue neutral would be for property owners.

An average $300,000 house would see property taxes go up around $200.00.

During Thursday’s meeting, council voted 5 to 1 in favor of approving the budget as Councilman Les Robinson was the lone member in opposition.

In addition to the $175 million allocated for the city, council approved $302 million Greenville Utilities, $2 million for the Convention and Visitors Authority and $3 million for Sheppard Memorial Library.

With the official budget approval, the city estimates that it’ll bring in around $3 million, with half going to public safety, which includes adjusting salaries and adding more fire rescue positions.

The new budget will go into effect July 1st.