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September 19, 2014
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Posted: Thursday, May 29th 2014 at 2:50pm

Gainesville budget ready for inspection, public comment

By Marc Eggers Staff
EMAIL STORY CONTACT EDITOR PRINT
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Matt Hamby
GAINESVILLE – The City Council is ready to approve the 2015 budget, but not before at least one public hearing.

Council members heard from Administrative Service’s Matt Hamby at this morning’s work session that the $30,328,583 balanced budget was ready for inspection and public comment.

Hamby said moments before presenting the budget that the 2015 ad valorem millage rate for the City would remain unchanged at $3.06 on each $1000 of taxable property value, and that the 2015 Board of Education millage rate would also remain unchanged at $7.59 on the same $1000 of taxable property value.

The resolution setting the millage rates detailed that of the $3.06 rate for the city, $1.77 was for General Government, $0.79 for Parks and Recreation, and $0.50 for the retirement of outstanding debt and related interest.

The full $7.59 rate for the school system would be used entirely for operations and maintenance.

To view the proposed budget click here.

City Manager Kip Padgett explained that only one public hearing on the budget was required. “Just so everybody’s on the same page because we only do this once a year,” Padgett began, “you’ll have a public hearing…but you’ll only have to have one 'cause they’re not doing a tax increase.”

That public hearing is scheduled for Tuesday at 5:30p.m. in the Gainesville Public Safety Complex on Queen City Parkway

Associated Categories: Homepage, Business News, Local/State News, Politics

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