City Council approves 2015 budget, agrees to support co-op grocery store
Budget will have second reading on June 9
At their meeting on Tuesday, Spartanburg City Council gave unanimous approval to the City's budget for fiscal year 2015, which begins July 1. Included in budget is a small property tax millage increase of up to 1.9 percent, which amounts to $8 on a $100,000 home, as well as a $6 increase in the annual fee the City charges residents for waste pickup, which includes garbage, recycling, bulk and green waste.
Also included in the budget is a 1.5 percent employee cost-of-living pay increase, approximately $100,000 for mandatory increases in the City Employee retirement, a five percent increase in medical insurance cost, $220,000 for building facilities maintenance, $100,000 towards construction of a new T.K. Gregg recreation facility sinking fund, and $379,512 for quality of life projects The budget will receive a second reading at Council's next meeting on June 9. Click here to view the full budget document.
Council also voted 5-2 to approve a plan to assist Hub City Co-op in opening a grocery story Downtown. Under the plan the City will match $350,000 in private funding to be raised by the Co-op, with $200,000 coming in the form of a zero interest loan to be repaid over seven years. The remaining $150,000 will disbursed in a grant paid monthly over four years. Council members Robert Reeder and Jerome Rice voted against the agreement.
For more on Tuesday's Council meeting, see the full video and a roundup of our live tweets below.