GREENFIELD, MA (FRANKLIN COUNTY NOW) — At last night’s Greenfield City Council meeting, the councilors voted on the FY25 operating budget as presented by Mayor Desorgher. The budget passed at $64.9 million, $63.7 million of which will be raised and appropriated, while just over $1 million is funded through parking meter receipts, free cash, OPED stabilization, and pension stabilization.
The Mayor’s budget represented a 5% increase over the previous year’s budget, due to rising costs of good and services, contractual obligations, increases in insurance, marked increase in debt and other factors.
In a letter to the city council, Mayor Desrogher said “The good news: our local receipts are estimated to increase significantly and we are doing an excellent job collecting revenues. Additionally, we planned well for increases by constantly adding to our stabilization accounts. This year we are using $421,243 from Pension Stabilization, $200,000 from OPEB Stabilization and $200,000 from Free Cash to offset some of the expenses listed above. I am committed to balancing the budget and easing the tax burden whenever possible.”