Sponsor
Alderman Shakoor
Title
2010 Proposed Budgets be approved
Resolved, that the 2010 Proposed General Fund, Special Revenue Funds, Capital Projects Funds and Five Year Plan, Debt Service, Enterprise Funds and Internal Funds be amended and adopted as amended.
Fiscal Note: The adopted operating budget results in a tax levy of $45,048,267 and a tax rate of $10.8693 based on a total assessed value of taxable general property of $4,144,525,000. The 2010 General Obligation Debt portion of the Five Year Capital Improvement Plan calls for borrowing to provide $8,267,487 in funding for budgeted Capital Projects. Copies of these budgets, the Capital Improvement Plan and supporting documentation are on file in the Office of the Finance Director.