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Podcast: Spartanburg City News
Episode: Taking a look at the City's upcoming fiscal year budget
Description: At their most recent meeting, Spartanburg City Council gave final approval to the upcoming fiscal year 2022-2023 budget in a 7-0 vote. This year's budget includes no significant operational changes and no increases to City taxes or commonly applied fees, but as Spartanburg continues to see record growth and economic development, staff projections account for a relatively modest four percent revenue growth. Meanwhile, increases this year include $1.5 million set aside for increases to City employee compensation, representing most of that projected revenue growth. The budget includes a three percent cost-of-living adjustment for all City staff, with an additional 2 percent allocated...