Contact: Jim Collins
Phone: 336-373-2105
                 

City Council Approves FY2009-10 Budget

GREENSBORO, NC -- (June 23, 2009) – In a special meeting held today, Greensboro City Council approved a budget totaling $421,948,889 for fiscal year 2009-2010. The budget includes no tax increase and no increase in water rates.

City Council directed Interim City Manager Bob Morgan to present a budget without any tax increases and with a minimal impact on services. Following a series of community meetings in each Council District and a survey on the budget to get public input, City department heads developed recommendations for Council. Those recommendations helped close a $7.5 million budget gap that was projected for FY2009-10. 

The budget adopted by City Council today includes a reduction in City staff, expenses and reserve funds.

The City is required to have a balanced budget. The new fiscal year begins July 1, 2009.

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The City of Greensboro works in partnership with the community to build an increased quality of life for all residents by fostering an environment where inclusion, diversity, and trust are valued.  As the seventh largest employer in Greensboro, the City has a dedicated professional staff of 2700 employees who maintain four core values of honesty, integrity, stewardship, and respect.  The City of Greensboro is governed by a council-manager form of government where a mayor and eight council members act as the legislative body.  For more information on the City of Greensboro, please visit us online at www.greensboro-nc.gov.