Greenville Council Approves Funding

Important decisions are on the table in Greenville.

The Greenville City Council called a special meeting for Thursday, August 13 and approved a financial lifeline to help keep Greenville’s General Fund on solid footing.

The Council approved a motion to transfer up to $50,000 from the Water Fund to the General Fund to address outstanding obligations and immediate payroll pressures. The request was increased from the finance team’s original recommendation of $40,000 after the city accountant identified additional financial needs. The General Fund is currently operating in a negative position, while payroll alone requires approximately $23,000–$25,000 every pay period.

The decision also comes as the city works to address an audit finding showing that, as of June 30, 2023, the Water Fund owed the General Fund $183,598. The approved transfer is intended to help relieve current financial pressure while the city continues working toward greater fiscal stability.

Greenville’s finances remain under close watch as officials work to balance immediate needs with long-term stability. The city is reviewing the relationship between its Water and General Funds following the 2023 audit. Officials noted that transfers made since the audit must now be reconciled to determine the city’s current financial position. The Water Fund currently has approximately $73,000 available, limiting how much flexibility remains. Meanwhile, the General Fund continues to face significant cash-flow pressure, with payroll alone requiring roughly $23,000–$25,000 each pay period.

With the General Fund operating in the negative, city leaders are focused on securing enough immediate cash to cover payroll and other short-term obligations while working toward a clearer and more sustainable financial picture.