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CITY COUNCIL AGENDA MEMO |
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| | | | | | | | | MEETING DATE: | 8/12/2024 | | DEPARTMENT: | Budget | | DIRECTOR: | Karen Rhodes-Whitley, Director of Budget and Research | | AGENDA ITEM: | Public Hearing on the FY 2024-25 Recommended Budget and the FY 2024-25 Proposed Community Investment Program (CIP). | | RECOMMENDED ACTION: | Items for Individual Consideration |
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| | | | | | | | ITEM SUMMARY Public Hearing on the FY 2024-25 Recommended Budget and the FY 2024-25 Proposed Community Investment Program (CIP). Conducted |
| | | | | | | | BACKGROUND This is a required Public Hearing to consider the FY 2024-25 Recommended Budget and the FY 2024-25 Proposed Community Investment Program (CIP). This budget will raise more total property taxes than last year's budget by $16,838,020 or 7.02%, and of that amount, $3,739,788 is tax revenue from new property added to the tax roll this year. |
| | | | | | | | FINANCIAL SUMMARY/STRATEGIC GOALS This item has no financial impact.
This public hearing supports the City's Strategic Plan Critical Success Factor of Excellent, Innovative, and Accountable Government. |
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