The budget is set at $6.2 million, up from the current budget of $5.1 million.
The city operates on a calendar year.
The budget is made up of the general fund, used for operating the city government, as well as special revenue funds and a Special Purpose Local Option Sales Tax.
This year’s budget is based on the city’s millage rate of 5.469, which was approved earlier this year. The owner of a $200,000 house with the standard $5,000 exemption will pay about $412 this year in city property taxes.
The general fund is $3.8 million, the SPLOST III account has $897,245 and SPLOST IV, which will begin next summer, has been budgeted at $350,250.
Also included in the budget is a general operating grant fund of $262,780, as well as $50,000 in capital grants funds, $4,506 in hotel/motel tax fund proceeds and $317,500 for parks and recreation budget.
City Attorney Bobby Dyer also swore in new Councilman Michael Zenchuk, who won the Nov. 8 special election to fill the unexpired term of Jacqueline Archer.
The Council also:
n Approved 3-2, with Council members Jeremy Smith and Dee Phillips opposing, a beer, wine and distilled spirits alcohol beverage license for Hickory Liquor & Wine Co., at 6115 Hickory Flat Highway Suite 110;
n Approved a contract with Cherokee Day Training Center, in which the organizations’ participants will clean the Holly Springs Community Center each week for $156;
n Awarded the Holly Springs Parkway and Candy Lane culvert projects to J&K Utilities for $63,268; and
n Approved adding a chapter to the city’s code of ordinance to regulate precious metals and gems dealers.