By Jamie Fleury Pilot News Staff Writer
PLYMOUTH — Representatives from Baker Tilly presented the Capital Affordability Plan – 2024 to the Plymouth Common Council Monday evening.
In summary, the City of Plymouth has a sustainable General Fund and a robust Rainy Day Fund.
The current balance for the General fund with investments is $10,082,256.
The current balance for the Rainy Day fund with investments is $5,744,565.
Some of the City’s highest goals include a $4M building for Police and a $7M pool in the future.
The proposed 2025 budget will include two new positions – a Plan Director and Administrative Assistant costing an additional $303,000.
The 2026 budget assumes that the Fire Department will add three additional full time hires with salary and benefits estimated at $130,000 per employee.
This report was not the 2025 Budget but can be utilized to inform decisions regarding that budget. The 2025 Budget will be proposed and advertised accordingly starting in September.
