Budget Approved at Lightning Speed

 

Last week Gulfport City Council unanimously passed its $17-million-plus annual budget in less than 10 minutes.

The budget, which includes a decrease of four percent (over $724,00) over last year, will get help from slightly increasing property values. The upturn in property values will add $25,000 in additional money into city coffers.

Gulfportians will pay a property tax rate of 4.039, or $4.039 per thousand dollars of assessed property value. Money from the city's water, sewer, trash, and marina funds will help the city balance its budget, although this means any repairs or upgrades to the water, sewer, and trash systems as well as the marina must come in the form of a loan from the city to those funds.

The city's two largest expenses remain public safety (45.8% of the budget, or just over $5.1 million) and leisure services (23.8%, or almost $2.7 million).

City Council will finalize the budget at a second and final reading on September 18 at 7 p.m. in city hall chambers.

To view the budget in full detail, visit MyGulfport.us.

 
Read more from: Gulfport News