The Beaufort City Council will continue its deliberations about revenue for the next fiscal year, which begins July 1, during a work session at 5 p.m. today.
The meeting will be held in the conference room at City Hall, 1911 Boundary St.
Council has already heard presentations and discussed business licenses, property taxes and other revenue streams. This discussion will precede talks about the expenditure side of the city's ledger.
The city expects revenue to decline, along with its property-tax base, because of county-wide reassessment. The city's staff is working with projected numbers and expects better estimates after April 1.
Those early estimates indicate the city's tax base will decrease from $62.4 million to $58 million, leading to a revenue decrease of between $350,000 and $500,000.
A follow-up discussion on changes to the business license ordinance is also planned, as well as discussion of traffic issues at Beaufort Elementary School and taking ownership from the state of streets around Basil Green Recreational Complex.
Follow reporter Erin Moody at twitter.com/IPBG_Erin.
City of Beaufort residents could face tax increase next year, March 12, 2013
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School traffic causes headaches for Beaufort neighborhood, Sept. 30, 2012