Projection for 2025: $11,959,141 increase in expenses, $2,862,713 increase in revenue
The City of Prince George’s draft operating budget for 2025 projects a $11,959,141 increase in expenses and a $2,862,713 increase in revenue compared to 2024.
It’s roughly on pace with the Consumer Price Index changes over that time, which was a cumulative 17.70 per cent. The CPI measures inflation through monitoring the price of several household staples. Other projected spending and revenue increases Some of those expense and revenue changes are broken down in the draft operating budget document. They include:
Snow control In 2025, city staff are requesting a $700,000 increase in the snow control budget from the $10.3 million put aside in 2024 to a total of $11 million. The 2024 draft budget proposed a snow control budget of $10.8 million before council removed a half-million during deliberations. “Council may have the latitude to take a gamble again and reduce the snow levy and see how it works out,” Dalio said. “Again, you can bring in those updated numbers once we see a little bit more of December and how it plays out.”
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