Council sets budget; hears economic development report

The city of Greensboro approved a new millage rate at this week’s city council meeting. A new millage rate of 5.723 was approved and reflects a decrease of .017 mills from last year’s rate of 5.74, according to City Manager Larry Postell. Council also approved a $13.1 million dollar budget for the fiscal year 2022-23 against expected revenues of $13,096,611 with $320,000 going into the city’s…