A draft of the Fiscal Year 2025 budget for the City of Pensacola is now available online.
Some highlights of the approximately $317.3 million Fiscal Year 2025 proposed budget include:
- No millage rate increase
- 15% of postponed CPI increase in Pensacola Energy rates
- Phase II of the three-phase employee salary adjustment in 2025
- Increase of 4 positions
- Raises of 7% for Fire, 3% for all employees but Police (Police Union under negotiations)
The General Fund is expected to see $5.9 million in revenue growth. $1.7 million of the Fund Balance will be appropriated, leaving $14.399 million in Council Reserves.
The Pensacola City Council has tentatively scheduled a budget workshop for Monday, Aug. 12. The public hearings are tentatively scheduled for Sept. 4 and Sept.11.
