Danville City Council Blesses Budget Without Tax Increase, Using Casino Money | Govt. and politics

A new director of tourism would receive an annual salary of $ 80,780 – depending on qualifications – and be funded from the casino’s existing and future revenues. The post would promote the entire Dan River region, Larking said.

The incentive pay increase will represent an average of about 2% increases for city employees. It will cost the city $ 960,620.

About $ 4.4 million is allocated to the city of Danville public school system, with $ 2.4 million for a new running track around the George Washington High School football stadium.

There is currently no venue to hold athletic competitions in Danville, city officials said.

A new waterfront park, a wading pool in the north and south sections of the city, and airport and terminal runway improvements are also included in the budget, along with burn elimination, park improvements. neighborhood and city gate improvements.

The utilities fund represents about $ 167.3 million of the budget, down $ 10.1 million from the previous year, Larking said. Continuous substation upgrades are expected next year.

Spend money

Larking is also proposing, based on recommendations from the city’s financial advisers, to use a combination of initial casino income, general bonds, and bond anticipation ratings to start spending money.