Title
Ordinance Establishing the Fiscal Year 2020-21 Annual Operating Budget
Body
Council Priority: Ensure Fiscal Stewardship, Transparency, and Accountability
Department: Budget & Evaluation
Council District: All
Public Hearing: June 2nd, 2020
Advertising Date/By: N/A
Contact 1 and Phone: Jon Decker, 373-4181
Contact 2 and Phone: Karen Kixmiller, 373-7588
PURPOSE:
The attached ordinance serves to adopt the annual operating budget for the City of Greensboro for FY 20-21. A budget amendment needs to be approved by City Council to establish this budget.
BACKGROUND:
The following agenda item associated with the adoption of the FY 20-21 Annual Budget reflects changes discussed with Council during budget work sessions and includes the following:
The FY 20-21 Annual Operating Budget Ordinance, establishing the property tax rate for FY 20-21.
BUDGET IMPACT:
The ordinance establishes the annual operating budget as well as the property tax rate for FY 20-21.
RECOMMENDATION / ACTION REQUESTED:
It is requested and recommended that the City Council adopt the attached budget ordinance adopting the annual operating budget for FY 2020-21.