GREENWOOD, Ind. – Leaders in the City of Greenwood have approved the operating budget for next year.
The balanced budget highlights the priorities of Mayor Mark W. Myers including public safety, improved infrastructure, economic development, and quality of life.
“The 2024 budget reflects the city’s commitment to developing and improving life here in Greenwood. I am thankful for the collaboration from our department leaders, which has been instrumental in the allocation of the coming year’s budget,” said Mayor Myers. “Greenwood’s growth and strategic planning has allowed us to continue to invest in important matters without having to raise taxes.”
Greenwood plans to keep the city’s tax rate the same as in 2023 and utilize a general obligation bond to make capital investments in the city, which include upgrades to local infrastructure.
Just over 32% of the budget, the largest portion, will go towards public safety with a notable change of a 5% cost of living adjustment for all employees. This funding will also support new technology and resources for Greenwood’s police and fire departments to operate efficiently.
Additional sectors receiving allocated dollars include roads and streets, planning and zoning, aviation, parks and recreation, and other government functions.
Greenwood has created a way for residents to understand how the city spends and receives money with the help of the Financial Transparency Portal. To view the portal, visit the finance department’s page on the city website, greenwood.in.gov.
The view the approved 2024 operating budget, please click here.
