Legal Notice: Budget Hearing
PUBLIC NOTICE BUDGET HEARING
In accordance with N.C.G.S. §159-12, the Statesville City Manager has submitted his Recommended Fiscal Year 2024-2025 Operating Budget to the Statesville City Council and City Clerk.
The Statesville City Council will hold a public hearing on May 20,2024 at 7:00 PM at City Hall located at 227 South Center Street, Statesville, North Carolina. All citizens are invited to attend and provide the City Council with any public comments or questions concerning the City’s proposed budget.
The full proposed budget (summarized below) can be inspected by the public from 8:00 a.m. until 5:00 p.m., Monday through Friday at the City Clerk’s Office, located at City Hall. The full proposed budget can also be viewed on the City’s website at www.statesvillenc.net.
Revenues | Expenditures | |
Proposed Budget FY25 | Proposed Budget FY25 | |
General Fund | $72,806,775 | $72,806,775 |
Airport Fund | $4,099,651 | $4,099,651 |
Electric Fund | $55,777,700 | $55,777,700 |
Water & Sewer Fund | $31,603,846 | $31,603,846 |
Stormwater Fund | $2,818,3344 | $2,818,334 |
Civic Center Fund | $1,726,761 | $1,726,761 |
Risk Management Fund | $8,030,101 | $8,030,101 |
Occupancy Tax Fund | $1,484,035 | $4,484,035 |
Secondary E-911 Fund | $8,000 | $8,000 |
Total | $178,355,203 | $178,355,203 |