News Flash Home
The original item was published from 5/4/2021 5:01:11 PM to 5/13/2021 12:00:03 AM.

News Flash

City of North Myrtle Beach News

Posted on: May 4, 2021

[ARCHIVED] City Council's FY 2022 Budget Retreat Meeting is May 10-11

NMB City Council - April 5 2021 - FINAL - Reduced

CITY COUNCIL'S FISCAL YEAR 2022 BUDGET RETREAT MEETING IS MAY 10-11

 

The North Myrtle Beach City Council will hold its Fiscal Year 2022 budget retreat meeting May 10-11 at Santee Cooper’s Wampee Conference Center in Pinopolis, SC. The budget retreat meeting is open to the public.

 

City Council will formally open its two-day budget retreat meeting on May 10 at 8:00 a.m. at City Hall and will then immediately travel to Pinopolis to continue the meeting and discuss the City’s proposed budget. The meeting will end after City Council has completed its budget discussions on May 11. 

 

The City’s fiscal year is July 1-June 30. 

 

BUDGET RETREAT SCHEDULE 

(The Timing Designated for Each Topic is an Estimate)

 

Monday, May 10, 2021

8:00am……......City Council Departs for Pinopolis

10:15-10:45......Arrive 

10:45-12:00......Budget Overview

12:00pm-1:00...Lunch

1:00-2:00..........Budget Overview

2:00-3:00..........Public Works Projects

3:00-3:15……..Break

3:15-4:15……..Park & Sports Complex Expansion

4:15-5:15..........Emergency Operations Center / Data Center

5:15-6:00……..Break

6:00-7:00……..Dinner

 

Tuesday, May 11, 2021

8:00am-9:00.....Breakfast

9:00-12:00........Priority Setting/Review

12:00-1:00……Lunch and Return Home

            

 

SOME PROPOSED BUDGET INITIATIVES FOR FY 2022

 

  • The proposed budget involves 17 separate funds with significant interrelations and transfers between the various funds. 

 

  • The proposed FY 2022 budget is $122.6 million.

 

  • The proposed budget does not include a property tax increase.

 

  • Under the proposed budget, the year-end balance for the General Fund would be about $12.95 million, which is above the City’s 35% fund balance policy.

 

  • Equipment replacement would continue on a pay-as-you-go basis.


MAJOR PROPOSED PROJECTS FOR FY 2022:

  • $9 million for Phase I of the 18th Avenue North Ocean Outfall with construction beginning in fall 2021. The $5.5 million Phase II of the project would occur in fall 2022 (FY 2023). The project was postponed due to the COVID-19 pandemic.

 

  • $8 million for the start of construction of an Emergency Operations Center (EOC) west of the Intracoastal Waterway, delayed due to the COVID-19 pandemic. Rated for a Category 5 hurricane and capable of accommodating all EOC personnel, the project includes building and shell work for a future fire station and data center added to the EOC.

 

  • $1.75 million to place utilities underground in the Cherry Grove section of the city as part of the continuing Santee Cooper underground utilities project delayed due to the COVID-19 pandemic.

 

  • $3.75 million in large water and sewer projects delayed due to the COVID-19 pandemic. 

 

  • The start of construction on the $36 million, 96-acre expansion of the North Myrtle Beach Park & Sports Complex, phased in over several years. The project was delayed due to the COVID-19 pandemic.

 

City Council will review about $3.75 million in proposed accommodations tax revenue expenditures. An Accommodations Tax Committee recommends to City Council expenditures of accommodations tax revenue. City Council may approve committee recommendations or redirect funding. 

 The first reading of the proposed budget is tentatively set for June 7. The first reading of any ordinance is also a public hearing.

 

Following the budget retreat, the City will post presentation materials on its website at www.NMB.us

Facebook Twitter Email

Other News in City of North Myrtle Beach News

BFSwing-022024

Barefoot Swing Bridge Sidewalk Update

Posted on: February 20, 2024
Results-02.19.24

Results: February 19 City Council Meeting

Posted on: February 19, 2024
Hwy-17-Eng

SCDOT Public Information Meeting

Posted on: February 17, 2024
Job Fair

Seasonal & Part-Time Job Fair

Posted on: January 26, 2024
Macaroni-Mania-2024-news

6th Annual Macaroni Mania

Posted on: January 17, 2024
Podcast Sign and Newsflash

NEW City Podcast: Beachside Briefings

Posted on: December 6, 2023
CPA-012924

Citizens Police Academy

Posted on: January 12, 2024
Leashes-and-Beaches-011324

Leashes and Beaches - January 13

Posted on: January 7, 2024
CA-2024-news

North Myrtle Beach Citizen's Academy

Posted on: January 2, 2024
CC-Exec-122023

Executive Session - Wednesday, December 20

Posted on: December 19, 2023
UU-121823

Installation of Underground Utilities

Posted on: December 18, 2023
Workshop-Results-121823

Results: December 18 City Council Workshop

Posted on: December 18, 2023
CC-Results-120423

Results: December 4 Council Meeting

Posted on: December 4, 2023
Tree-City-18-Years-news

Tree City USA

Posted on: November 14, 2023
UND-Utility-110923

Installation of Underground Utilities

Posted on: November 10, 2023
Blue City of NMB Logo

No New Taxes in Proposed 2024 Budget

Posted on: April 19, 2023
Blue City of NMB Logo

April 3 City Council Meeting

Posted on: March 31, 2023
CC-Meeting-Results-sign

RESULTS: March 6 Council Meeting

Posted on: March 6, 2023