City adopts 2021 budget

Holyoke City Council members adopted the budget for 2021 at a special meeting Dec. 10. It totals $10,007,094 in appropriations.

The budget includes:

General Fund $5,597,484

Utility Fund $4,049,130

Sale of Heginbotham Land Fund $400

Equipment Replacement Fund $41,500

Library Land Fund $518

Cemetery Perpetual Care Fund $3,295

Fire Pension Fund $10,892

Massman Memorial Fund $210

Cem White/Leeper Memorial Fund $120

LeBlanc Estate Fund $3,545

Capital Reserve Fund $300,000

Total Approp $10,007,094

The general fund is up $1,873,831 from last year due to the Holyoke Community Childcare Initiative building being taken into consideration in the budget. The city will own the building for the first 10 years when it is built.

Council members also certified a levy of 21.802 mills, including 21.2 to the general fund, 0.6 to volunteer firefighting pensions, and 0.002 to refunds and abatements.

The city’s total assessed value for 2020 is $17,320,680, and city mills equate to $377,590.824, not including $34.641 for refunds and abatements.