2020 Town Budget AdoptedThe 2020 Town Budget is now available on the Town's website. Town electors approved a Town tax levy of $3,455,042 at the special Town Meeting held on Thursday, November 14, 2019. Following the electors' approval, the Town Board adopted its 2020 Budget resulting in a Town tax rate of $2.47 per $1,000 of assessed value; an increase of $0.27 from the previous year. The increase is directly attributed to paying principal & interest for the new Greenville Fire & Safety Building.
The priorities and funding recommendations for the 2020 fiscal year reflect the conditions of the current economy, demands for general services and Town goals. The budget is a continuation of the Town Board’s strategic plan and a five-year capital improvement plan.
Total spending for the 2020 fiscal year will decrease for the Town by roughly 28%. The Town will continue to invest significant dollars toward capital infrastructure improvements in 2020 however. Over $3 million dollars in road repairs and maintenance activities are scheduled. Additionally, improvements to the entrance of the Greenville Sports Park along STH 96 are planned.
Combined Property Taxes To Decrease for 2019 (Payable in 2020)
Despite an increase in Town property taxes, combined property taxes (county, school, tech college & municipal) will be decreasing approximately $0.42/$1,000 of assessed value for the year. The Town's portion of the total tax levy accounts for only 15%.
A property owner of a home valued at $250,000 will see a decrease in their combined property tax bill of approximately $106. The following graph provides a four-year period of combined taxes for a home valued at $250,000.
Tax Bills
Tax bills will be mailed sometime in early December. Payments can be made either by mail, drop-off, online or at a local financial institution. More information will be available at our Town's website: http://www.townofgreenville.com/departments/administration/finance_taxes.php
