During its June 18, 2020 meeting, City Council passed the City’s budget for the upcoming fiscal year, which commences on July 1, 2020. As approved, the FY21 Budget will not require a millage or tax increase and supports the provision quality public services while making targeted investments in the City’s core operations and infrastructure.
“There were significant challenges that we faced this year, including the COVID-19 pandemic. However, despite those challenges, we were able to approve a budget that will meet the needs of our community. This budget will get us closer to where we want to be on our shared citywide priorities,” said Mayor Terry Merritt.
As approved, the Budget totaled $35,314,403 and included strategic investments in improving the City’s transportation and sewer infrastructure and planning for future needs. The 2021 Budget was balanced and did not rely on the City’s reserve funds. Using a fiscally conservative approach, the budget was developed with the future in mind. Council conducted several budget workshops, reviewing a 10-year financial forecast and capital improvement plan, along with historical growth trends of the City.
“This year’s budget continues the City’s track record of fiscal stewardship and investing in the future of our City,” said Councilperson Michael Reynolds who also serves as the Chairperson of the Finance and Policy Committee. “Due to the global COVID-19 pandemic, earlier this year, all non-essential City operations ceased. Also, local businesses temporarily stopped operating. Although the City has been able to mitigate the short-term impact of COVID-19 on the City’s finances, we hope that by focusing on core services and maintaining fiscal stability, we will be able to make sure the City is able to revitalize and continue to thrive in the future.”
Amongst the most notable investments in the FY2021 Budget is in infrastructure with a focus on the City’s road inventory. Council allocated over $2,000,000 for the improvement of City roads. Also, Council allocated over $600,000 for sewer and facility improvements. Other highlights of the budget include:
- Funding for enhancements to City park and recreational amenities
- Funding for improvements to the City buildings and facilities
- Funding for the construction of a pedestrian bridge across I-385
“I want to thank City staff for their hard work and City Council for its commitment to passing a balanced budget that meets the needs of our great City,” said Mayor Merritt.
For more information on the Budget, please visit the City’s website at www.cityofmauldin.org.