Thursday, May 17, 2012

FY12-13 Proposed Budget Information & Public Hearing

City Seal in Council ChambersPursuant to Section 6-1-80 of the S.C. Code of Laws, public notice is hereby given that the North Charleston City Council will hold a public hearing on the municipal budget for the 2012-2013 fiscal year:

Date: Thursday, May 24, 2012
Time: 7:00 p.m.
Current Fiscal Year Budget Revenues: $117,158,617
Projected 6/30/2013 Budget Revenues: $126,379,533
Percentage Change in Revenues 7.9%
Current Fiscal Year Budget Expenditures: $117,158,617
Projected 6/30/2013 Budget Expenditures: $126,379,533
Percentage Change in Expenditures 7.9%
Current Fiscal Year Millage: 90.0 mills
Projected Millage for 2012-2013: 94.0 mills*
*Estimated millage equals $94 per $1,000 of assessed property value


The above draft proposed budget was presented to the City's Finance Committee on Monday, April 30. The Finance Committee made two amendments, which are not noted in the file. 1. Addition of funding for tablets for City Council. 2. Addition of Community Promotion funding to support ITNCharlestonTrident.



Map of  Proposed Capital Improvement Projects

View Proposed Capital Improvement Projects in a larger map

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