At Thursday night's city council meeting, the Greenville City Council approved the 2019-2020 fiscal year budget.
The council voted to keep property tax rates the same while focusing on the cities economic development, public safety, infrastructure and a quality workforce.
$136.4 million of the approved budget will go towards funding the cities operating funds, $260.8 million will go towards Greenville Utilities Commission, $2.55 million will go towards Sheppard Memorial Library and nearly $1.6 million to the Convention & Visitors Authority.
An additional $300,000 was invested in commercial and industrial site development and up to $200,000 in job creation grants to promote economic development. The new budget will allott $500,000 dollars for a sustained membership in the Greenville-ENC Alliance public-private economic development partnership.
The budget also includes room for infrastructure improvements, including $2.5 million for street improvements and $250,000 for street light and camera installation. $7.8 million in financing will go towards Phase Two of the G.O. Transportation Improvements bond for Arlington Boulevard, West Fifth Street streetscape, sidewalks and the South Tar Greenway.
$20,000 will be used to fund Small Business Competition Grants. $25,000 for small business support. $25,000 will go towards funding skills training through Pitt Community College jobs initiative program. $100,000 would go towards the beautification of major thoroughfares.
$50,000 will go towards maintaining city parks, investing $1.2 million in City’s Facilities Improvements Programs, $120,000 for a new volleyball complex and $165,000 to enhance the cities entertainment scene.
"We are proud of this budget and it directly reflects the Council's priorities and addresses some of our most pressing needs in a fiscally responsible way," Mayor P.J. Connelly said. "We are continuing our positive momentum to grow the tax base and expand our arts and entertainment options while also making the necessary investments in infrastructure and safety. These are vital for a growing community."