Current Budget

Fiscal Year 2021 Budget


The Fiscal Year 2021 (FY21) budget represents the City's operating plan for the fiscal year beginning July 1, 2020 and ending June 30, 2021.

Overview

 
View an overview of the FY2021 budget (spring 2020 Connection, p. 16-19).

Property Taxes


The FY21 budget increases the property tax levy rate to $14.3123 per $1,000 of taxable valuation.
  • The City's property tax had remained the same for the ten consecutive years.
  • Property tax is the single largest source of revenue for the City's General Fund.

General Fund

 
The General Fund budget is $29,332,385.
  • Expected revenues and proposed expenditures are equal.

Rate Changes


The Fiscal Year 2021 budget includes:
  • No changes in enterprise fund user rates.
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