NEWBURYPORT — Mayor Donna Holaday this week submitted the city’s proposed budget for fiscal year 2015, and city officials say public workshops will begin Tuesday at 6:30 p.m. at City Hall to review and discuss the 381-page document.
The proposed budget is $56,251,306, which represents a 4.8 per increase over the previous year. Fiscal year 2015 begins July 1 and ends June 30, 2015.
The expenditure for education, including the Whittier Vocational Technical School, is slated to be $25,485,686, as usual the highest single budget item. It’s about an 8.1 percent increase over the current school year’s spending.
In a message to city councilors, Holaday said, “I am pleased to once again submit a balanced budget that does not include an appropriation of either free cash or stabilization funds.” Those two funds represent the city’s savings accounts.
The tax rate for the current fiscal year is $14.16 per $1,000 of assessed valuation for both residential and commercial property. City officials say the average property tax bill increased by $485 from $5,838 to $6,323. The average single family home value increased from $438,272 to $446,524.
The impact of the new budget on property taxes will be determined when the tax rate is officially set in late November/early December.
The budget shows a net gain of about 14 employees. On the city department side of the budget, there are some minor cuts or additions to several departments that roughly balance out. In the schools, 14 employees are being added, bringing the school department’s total to 473.3 positions. In total, the City of Newburyport will employ 737.2 positions if the budget passes as is.
The largest budget increase, percentagewise, is the Parks Department, which is seeing a 103 percent increase ($63,000). This is primarily due to the hiring of a fulltime parks administrator to oversee the city’s 19 parks.
The second-largest percentage increase is in the mayor’s office, where spending will increase just over 21 percent, about $49,000. This is due to a raise the mayor was granted in the new city charter (the mayor now earns $98,000), and the anticipated hiring of a part time grant writer.