FOCUS AREA: Economy
Staff Contact: Jamie Robichaud / Jarrod Stewart
Subject: General Overview of the Proposed 2025 Solid Waste, Stormwater, Street Maintenance Sales Tax, Park Sales Tax, and Recreation Fund Budgets, 2025-2029 Capital Improvement Plan (CIP), and fees
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General overview of the Proposed 2025 Solid Waste, Stormwater, Street Maintenance Sales Tax, Park Sales Tax, and Recreation Fund Budgets, 2025-2029 Capital Improvement Plan (CIP), and fees.
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Summary:
The Budget Workshop on August 6st is an opportunity for the City Council to review revenues, expenditures, capital improvement plan and fees in greater detail for the Solid Waste, Stormwater, Street Maintenance Sales Tax, Park Sale Tax, and Recreation Fund budgets, and 2025-2029 Capital Improvement Plan.
The remaining proposed budget calendar is as follows:
• August 27th - Revenue Neutral and Budget Public Hearing.
• September 3rd - City Council Adoption of 2025 Budget, 2025-2029 CIP, and 2025 Fee Schedule.
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Financial Impact:
The 2025 proposed Solid Waste Budget is approximately $24.1 million. The 2025 proposed Stormwater Budget is approximately $8.2 million. The 2025 proposed Street Maintenance Sales Tax Budget is approximately $22.4 million. The 2025 proposed Park Sales Tax Budget is approximately $9.7 million. The 2025 proposed Recreation Budget is approximately $7.8 million.
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Action Needed:
Discussion of the 2025 Proposed Budget.
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Attachment(s):
None; information has been provided previously and is available at <https://www.olatheks.org/government/budget>.