2020 Birmingham budget: Difference between revisions
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Woodfin proposed an operating budget of $451 million, an $11 million (2.4%) increase over the $440 million [[2019 Birmingham budget|2018-2019 budget]] which was approved for on [[June 19]], [[2018]]. The budget includes a projected increase of $6.5 million in revenues from taxes and fees. | Woodfin proposed an operating budget of $451 million, an $11 million (2.4%) increase over the $440 million [[2019 Birmingham budget|2018-2019 budget]] which was approved for on [[June 19]], [[2018]]. The budget includes a projected increase of $6.5 million in revenues from taxes and fees. | ||
Woodfin's budget includes a $5.8 million increase in the city's contribution to its pension fund, which had been cited as a factor in the decision by Moody's and Fitch to downgrade the city's bond rating. The budget also steered funding that had been given directly to [[Birmingham City Schools]] into city-funded scholarship and workforce training | Woodfin's budget includes a $5.8 million increase in the city's contribution to its pension fund, which had been cited as a factor in the decision by Moody's and Fitch to downgrade the city's bond rating. The budget also steered two thirds of the $3 million in annual funding that had been given directly to [[Birmingham City Schools]] into the [[Birmingham Promise Initiative]], a city-funded scholarship and workforce training program. | ||
The budget proposal included $14.2 million for "Neighborhood Revitalization", including $8 million for street paving, $4.7 million for demolition and weed abatement, $1 million in funding for the [[Birmingham Land Bank Authority]], and $300,000 for recycling programs. Funding for economic development incentives was increased by $1,000,000, with the mayor's office focused on recruiting grocery stores to underserved areas of the city. | The budget proposal included $14.2 million for "Neighborhood Revitalization", including $8 million for street paving, $4.7 million for demolition and weed abatement, $1 million in funding for the [[Birmingham Land Bank Authority]], and $300,000 for recycling programs. Funding for economic development incentives was increased by $1,000,000, with the mayor's office focused on recruiting grocery stores to underserved areas of the city. |
Revision as of 10:24, 22 May 2019
The 2019-2020 Birmingham budget includes the operating budget for the City of Birmingham for the fiscal year July 1, 2019–June 30, 2020 as well as a capital projects budget.
Mayor Randall Woodfin presented his proposed budget at a meeting of the Birmingham City Council on May 14, 2019.
Woodfin's proposed budget
Woodfin proposed an operating budget of $451 million, an $11 million (2.4%) increase over the $440 million 2018-2019 budget which was approved for on June 19, 2018. The budget includes a projected increase of $6.5 million in revenues from taxes and fees.
Woodfin's budget includes a $5.8 million increase in the city's contribution to its pension fund, which had been cited as a factor in the decision by Moody's and Fitch to downgrade the city's bond rating. The budget also steered two thirds of the $3 million in annual funding that had been given directly to Birmingham City Schools into the Birmingham Promise Initiative, a city-funded scholarship and workforce training program.
The budget proposal included $14.2 million for "Neighborhood Revitalization", including $8 million for street paving, $4.7 million for demolition and weed abatement, $1 million in funding for the Birmingham Land Bank Authority, and $300,000 for recycling programs. Funding for economic development incentives was increased by $1,000,000, with the mayor's office focused on recruiting grocery stores to underserved areas of the city.
For the second year in a row, Woodfin drastically cut city appropriations to non-profit organizations. The proposal included $362,896, down from $1,032,896 in 2019. Discretionary funds for each City Council representative were doubled to $100,000.
Public hearings
The mayor hosted a budget presentation for the public at the Birmingham CrossPlex at 6:00 PM on Tuesday, May 14. The City Council held their public hearings on the council chambers on Thursday, May 30 at 5:30 PM.
Negotiations
Passage
References
- Beahm, Anna (May 14, 2019) "Woodfin: Millions more for pension, paving." The Birmingham News
External links
- 2020 Budget at birminghamal.gov