City of Greenville
7:51 am
Mon April 15, 2013

YMCA campaign files finance report

Organizers hoping to convince local voters to approve funding for a new YMCA/event center have raised more than $5,000 and spent more than $4,000 on the effort.

The “Citizens For A Better Greenville” is promoting the $15 million bond proposal on the May 11 election ballot and filed a campaign finance report last week with the Greenville City Secretary’s office.

The campaign has received $5,200 in contributions so far, with $5,000 coming from Dr. Jerry Ransom and $200 coming from Grady Chevrolet.

The campaign has spent $4,237.05, including $2,417.55 with Minuteman Press, $1,344.50 with Docu Docs Incorporated in Greenville and $475 with the City of Greenville.

If approved by voters, the YMCA/event center could add as much as 7 cents to the property tax rate, although organizers of the project say they have received commitments from several entities toward the cost of the facility which could reduce the potential tax burden.

Ransom has agreed to donate $1 million through 10 annual installments of $100,000 each. When combined with similar pledges from other community partners, the funds are expected to reduce the overall taxpayer burden from 7 cents per $100 valuation to 3 cents.

Early voting for the election is scheduled April 29-May 7.