Impact
WARD: City-wide
COMMITTEE: Finance and Administration
$ IMPACT: See below
Title
Public Hearing: First Public Hearing for the FY 2018 Proposed Budget
Body
ISSUE: This is the First Public Hearing for the FY 2018 proposed budget. The total budget, as proposed, is $92,365,507. The General Fund budget is $47,306,311, Special Revenue Funds are $4,024,291, Capital Project Funds are $16,596,511, Internal Service Fund is $1,289,500 and the Enterprise Funds are $23,148,894.
BACKGROUND:
For comparitive purposes, the total revised FY 2017 budget, to date, is $101,580,596. The General Fund budget is $45,031,775, Special Revenue Funds are $3,629,514, Capital Project Funds are $24,181,730, Internal Service Fund is $949,000 and the Enterprise Funds are $27,788,577.
There will be another public meeting on Wednesday, May 17 at 12:00 p.m. The budget is schduled for adoption on June 5, 2017.
RECOMMENDATION/REQUESTED ACTION: Consideration of the proposed FY 2018 budget.