The City of Greenwood Approved its 2025 operating budget on October 21, thanks to the approval of the Common Council. It's a financial blueprint that Mayor Mark W. Myers stands behind, focusing on the city's upward trajectory while keeping an eye on the coins. According to the city's website, Myers calls it a shared goal "of bettering the City of Greenwood," emphasizing a joint effort from the department leaders to shine a light on the city's dedication and top priorities looking ahead.
Greenwood residents won't see an increase in their tax rate from 2024, as the city maintains the status quo in that department. Instead, a general obligation bond will be thrown into the mix to cover capital investments aimed at infrastructure maintenance and repair. This move comes in response to Greenwood's sprint of growth in the recent three-year span, outpacing much of the state.
When it comes to where the money's pouring, public safety grabs the lion's share with a hefty 34.7% slice of the budget pie. This grand portion is earmarked for a laundry list of critical expenses including personnel, operating supplies, and tech upgrades for both the police and fire departments. The budget's harmony with city growth and inflation was also stressed as a pillar of its balance.
Mayor Myers' administration puts more than just a band-aid on the usual government functions. Additional cash flow in the 2025 budget is finding its way to everything from roads and streets to parks and recreation. And it doesn't end there. City staff are planning to throw these dollars at roadway repairs and other projects that keep economic development on the boost. It's not just projects getting a fillip, new staff and equipment are also part of the budget inclusion to handle the city's expansion, as reported by the City of Greenwood.
