The city council unanimously adopted the year-end budget for 2012-2013.
After additional changes were made to the FY 2013-2014 budget, it was adopted with a 4 to 1 vote. The Mayor made adjustments to the budget, including decreasing staff and making some program cuts. The council asked for additional cuts, but made sure there were funds for Taylorsville Dayzz (most of Taylorsville Dayzz costs are covered by business and resident sponsors and the city helps with a small portion), the float, the awards banquet, road maintenance and another police officer through the COPS grant.
The Council removed any salary increases for employees and reduced the amount allocated for mileage reimbursement. They also reduced the amount for sidewalks maintenance/repair. The approved budget includes a tax increase of $5.89 per month ($70.62 per year for the average home of $197K). It went from 47 percent down to 29.6 percent of the city's portion of property taxes.