PIGEON FORGE — City Commission will vote Monday on first reading of the 2022-23 budget, which features an 8% raise for employees but keeps the tax rate stable.
Commissioners reviewed the budget at a workshop last week, but they must vote to approve it on two separate readings this month. They’re scheduled to meet at 5:30 p.m. Monday at City Hall.
The budget totals $117 million, with the city projecting a 5% decline in revenues over the 2021-22 fiscal year that wraps up at the end of the month.
Officials said they’re forecasting a drop-off in part out of the fact inflation is eating away at discretionary spending for visitors, but also because the current fiscal year saw numbers that might not be sustainable.
The ongoing inflation, combined with a highly competitive job market, led them to increase salaries by 8%.
The budget sets aside funds for upcoming projects like the new public safety building, but the city isn’t planning to start any major construction projects during the upcoming fiscal year.
It includes funds for additional mast arms for traffic lights on the Parkway, a new sign at the LeConte Center, and an extension of the city greenway.