AUGUSTA — City councilors could approve the proposed city and school budget Thursday.

The latest update to the proposed $53.3 million city and school budget added a school resource police officer and half-time guidance and nursing positions at Hussey Elementary School, while reducing the property tax increase.

The revised budget would result in a tax rate of $18.67, up 2.9 percent from last year; but it’s significantly lower than City Manager William Bridgeo’s proposed first draft of the budget, which would have raised taxes 6.1 percent.

Mayor William Stokes said councilors could vote on the budget Thursday, or they could delay the vote until May 29.

Councilors meet at 6:30 p.m. Thursday in council chambers at Augusta City Center.

Councilors, following the budget vote, are scheduled to discuss a longer-term proposal to build a new fire station in north Augusta. Ralph St. Pierre, assistant city manager and finance director, said councilors are scheduled to discuss whether to appropriate a small amount of money, probably around $1,000, to hire an architect to develop a budget estimate for that potential project.