This budget was developed in accordance with the City Charter, the annual budget calendar, the stated financial management policies and guidelines of the City, and City Council’s strategic focus areas and direction. This budget, like preceding years’ budgets, continues to recognize the external economic conditions that demand conservative approaches to managing expenses while delivering high quality services to residents and corporate citizens.
The proposed 2017 Operating Budget reflects an overall 3.4%, or $2.8 million, increase in operating expenditures over the 2016 Operating Budget. That increase is directly attributable to two expenditures – income tax refunds and capital outlay for land acquisition for economic development purposes. Excluding these two increases, the 2017 Operating Budget reflects a 0.34% increase over the 2016 Operating Budget.