Focus Area: Economy
Staff Contact: Jamie Robichaud, Clara Bernauer, and Kate Messer
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title:
title
General Overview of the Proposed 2027 General Fund, Library Fund, and Debt Service Fund Budgets, and Proposed 2027-2031 Capital Improvement Plan (CIP) for Vertical and Transportation projects.
Body
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recommended motion:
No motion needed.
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Summary:
The Budget Workshop on July 14th is an opportunity for the City Council to review revenues, expenditures, and planned capital projects in greater detail for the General Fund, Library Fund, Debt Service Fund, and 2027-2031 Capital Improvement Plan.
The remaining proposed budget calendar is as follows:
|
Date |
Location |
Topic |
|
August 4 7 p.m. |
Council Chambers |
Budget Workshop #2 Water & Sewer, Stormwater, Solid Waste & Utilities CIP |
|
August 18 7 p.m. |
Council Chambers |
Budget Workshop #3 Recreation Fund, Parks Sales Tax, Street Maintenance Sales Tax, Fees, and Chamber of Commerce |
|
September 8 5:30 p.m. |
Council Chambers |
Public Hearings Hearing on Proposed 2027 Budget Hearing to Exceed Revenue Neutral Rate |
|
September 15 7 p.m. |
Council Chambers |
Budget Adoption 2027 Budget 2027-2031 Capital Improvement Plan 2027 Comprehensive Schedule of Fees |
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Financial Information:
The 2027 proposed expenditure General Fund budget is approximately $185 million.
The 2027 proposed expenditure Debt Service Fund budget is approximately $45 million.
The 2027 proposed expenditure Library Fund budget is approximately $11.7 million.
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Attachment(s):
None; information will be provided at the meeting and made available at olatheks.gov/budget