Impact
WARD / COUNCILMEMBER: City-wide
$ IMPACT: See below
Title
Adoption of the Fiscal Year 2021 Budget
Body
ISSUE AND BACKGROUND:
The Public Hearing for the FY 2021 proposed budget was held on May 18, 2020.
The total budget, as proposed, is $105,954,598. The General Fund budget is $53,871,625, Special Revenue Funds are $4,311,759, Capital Project Funds are $23,682,547, Internal Service Fund is $1,262,575 and the Enterprise Funds are $22,826,092.
For comparative purposes, the total revised FY 2020 budget, to date, is $100,738,194. The General Fund budget is $53,407,300, Special Revenue Funds are $4,826,756, Capital Project Funds are $13,743,750, Internal Service Fund is $1,156,350 and the Enterprise Funds are $27,604,038.
RECOMMENDATION / REQUESTED ACTION:
Recommend adoption of the FY 2021 Budget as presented.