NMB city council members kick off 2016 budget retreat - WMBFNews.com, Myrtle Beach/Florence SC, Weather

NMB city council members kick off 2016 budget retreat

The North Myrtle Beach City Council kicked off its fiscal year 2016 budget retreat meeting on March 2. The North Myrtle Beach City Council kicked off its fiscal year 2016 budget retreat meeting on March 2.

NORTH MYRTLE BEACH, SC (WMBF) - The North Myrtle Beach City Council kicked off its fiscal year 2016 budget retreat meeting on March 2.

On Monday, at 8 a.m., city council members began at the City Hall and immediately traveled to Santee Cooper's Wampee Conference Center in Pinopolis.

During the retreat, the proposed 2016 budget will be discussed. The budget includes Governmental Funds including the general fund, special revenue funds, capital improvement funds and debt service. According to the city's budget documents, expenses for Governmental funds will be $46,555,100. Expenses for Enterprise Funds are $433,515,098, for a total of $80,070,198 in budgeted expenses for all funds. The general and enterprise funds provide positive cash flows.

The 2016 proposed budget is $2.9 million less than last year's budget. The 2016 fiscal year will begin on July 1, 2015 and end on June 20, 2016. This budget provides a five-year plan with no tax increases and only minor rate changes in several enterprise funds.

According to a press release from the city, “the budget includes a three cent water rate increase, and a four cent sewer rate increase, both of which are pass-through increases from Grand Strand Water & Sewer Authority.” Officials say city ordinance requires the impact fee to increase by five percent.

The Cherry Grove Dredging project is included in the budget as well as a splash pad for the NMB Park and Sports Complex.

Click here for a copy of the 2016 budget retreat presentation. 

Tune in to WMBF News this afternoon for a full report on the 2016 budget.

Copyright 2015 WMBF News. All rights reserved.

  • Local NewsLocalMore>>

  • Breaking

    Traffic loop will not be in effect Sunday night, police say

    Traffic loop will not be in effect Sunday night, police say

    Sunday, May 27 2018 10:14 PM EDT2018-05-28 02:14:57 GMT
    Source: WMBF NewsSource: WMBF News

    Because of light traffic in Myrtle Beach, Myrtle Beach Police have decided not to implement the 23-mile traffic loop Sunday night.

    More >>

    Because of light traffic in Myrtle Beach, Myrtle Beach Police have decided not to implement the 23-mile traffic loop Sunday night.

    More >>
  • Breaking

    Victim identified in fatal shooting

    Victim identified in fatal shooting

    Sunday, May 27 2018 8:35 PM EDT2018-05-28 00:35:05 GMT
    Bryan Seidle. (Source: Florence County Detention Center)Bryan Seidle. (Source: Florence County Detention Center)

    A 26-year-old man has been arrested and charged with murder following a verbal fight and fatal shooting in Florence County Saturday night. Bryan Austin Seidle has been charged with murder for the fatal shooting, which happened on East Circle Lane in Florence County at about 10 p.m. Saturday, according to Major Mike Nunn with the Florence County Sheriff’s Office.

    More >>

    A 26-year-old man has been arrested and charged with murder following a verbal fight and fatal shooting in Florence County Saturday night. Bryan Austin Seidle has been charged with murder for the fatal shooting, which happened on East Circle Lane in Florence County at about 10 p.m. Saturday, according to Major Mike Nunn with the Florence County Sheriff’s Office.

    More >>
  • FIRST ALERT WEATHER DAY - Heavy rain arrives overnight, brings threat of flash flooding tomorrow

    FIRST ALERT WEATHER DAY - Heavy rain arrives overnight, brings threat of flash flooding tomorrow

    Sunday, May 27 2018 5:32 PM EDT2018-05-27 21:32:00 GMT
    Flash Flood Watch in effect MondayFlash Flood Watch in effect Monday

    Heavy rain begins early Monday morning, causing impacts on outdoor plans and holiday travel for Memorial Day. The First Alert Weather Team continues to analyze the threat of flash flooding and up to 2" to 5" of rain, and has declared Monday as a FIRST ALERT WEATHER DAY. 

    More >>

    Heavy rain begins early Monday morning, causing impacts on outdoor plans and holiday travel for Memorial Day. The First Alert Weather Team continues to analyze the threat of flash flooding and up to 2" to 5" of rain, and has declared Monday as a FIRST ALERT WEATHER DAY. 

    More >>
Powered by Frankly