Vicksburg Board approves FY 2020 city budget

Facebook
Twitter
LinkedIn

In its regular meeting yesterday, Sept. 13, Vicksburg’s Board of Mayor and Aldermen approved the city’s fiscal year 2020 budget, totaling $29.375 million. The 2020 fiscal year begins Oct. 1, 2019.

Among the highlights of the budget is an across the board raise for city employees of at least 3 percent.

The raise will bump the mayor’s salary by more than $3,200, from $103,317.60 to $106,520.67 annually. For aldermen, the increase is just under $2,500, from $82,742.40 to $85.224.87.

For the lowest paid city workers, the increase is $0.25 an hour, with hourly rates going from $8.25 to $8.50. For full time, 40-hour workweeks, that nets employees an additional $520 per year.

The board also approved a downtown district property-tax increase of 5.05 mills to support Vicksburg Main Street. The increase will raise just over $35,000 for the program.