During regular session, the City Council unanimously voted to approve the budget for the 2016 fiscal year. Approved at $131,783,596, the structurally balanced budget includes no revenues from property taxes within its funding. In lieu of property taxes, margins above the cost of providing services are transferred from the City’s utility funds to general government. For FY 2016, the amount of the transfers will be approximately $10 million, an increase of approximately $480,000. These...
CITY COUNCIL APPROVES BUDGET FOR 2016
Read More » Posted on Dec 17, 2015