Mayor proposes new budget, no property tax increase

Mayor Lerion Gaylor Baird proposed the new budget for the 2020 to 2021 year, closing the revenue gap with no city property tax increase.
Mayor

Mayor Lerion Gaylor Baird proposed the new budget for the 2020 to 2021 year, closing the revenue gap with no city property tax increase.
“We wanted to avoid a property tax increase given the epidemic challenges our community faces we know that many families and businesses are stressed financially,” said Baird.
The mayor said, on Friday, balancing the budget required shared sacrifice and difficult cuts were made. Her proposed budget calls for five actions to including reducing department budgets by $8 million, reducing capital improvement projects like sidewalk and playground improvements. It also includes paying off bond debt early to save more than $500,000.
Baird added that economic uncertainty led to the choice to one–year plan instead of the biennial budget.
“We’re going to propose an annual budget this year so that we have more time to understand and forecast what the second year of the budget will even look like,” says Baird. “It’s really difficult to know what this upcoming year looks like, let alone the second.”
Mayor Baird will present her proposed budget to the city council on Monday and a public hearing with the city council will be held on August 3rd.

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