City News

Press Enter to show all options, press Tab go to next option

2018-19 Recommended Budget

Post Date:06/04/2018 3:15 PM

On May 1, the recommended budget was presented to City Council. The public hearing was held on May 15, and council approved the budget on first reading at their June 5 meeting. State law requires two votes on the budget at two separate meetings. Included below are highlights of the budget and key dates.

Recommended budget highlights

Total budget: $190.6 million (Includes General Fund and all fee-based enterprise funds)   
General Fund only: $106.5 million

  • Core services maintained
  • Proposed tax rate increase of 1.5-cents ($33 more per year for a home valued at $220,000)
  • Continued funding for:
  • Funding to make pay more competitive for operational positions such as public safety personnel, stormwater and solid waste workers
  • Service expansion for maintenance and upkeep in high visibility areas such as the Riverwalk and mowing and tree trimming in public rights-of-way
  • Strong savings (fund balance) for emergencies of more than $32.7 million
  • Increased funding for affordable housing
  • Expanded funding for programs for at-risk youth
  • Proposed parking fee increases
    • Restructure parking fee schedule, identified increases beginning in January 2019 to help fund improvements in parking decks, while also increasing free on-street parking from 1 hour to 90 minutes
      • On-street parking from $1.25 to $1.50 per hour
      • Monthly fees increases for downtown parking decks

Key dates

  • June 19, 2018 - Second and final vote on the FY 18-19 budget

Free viewers are required for some of the attached documents.
They can be downloaded by clicking on the icons below.

Acrobat Reader Flash Player Windows Media Player Microsoft Silverlight Word Viewer Excel Viewer PowerPoint Viewer