LEGISLATIVE UPDATE: Mayor Kenney Proposes Budget for Fiscal Year 2022
April 21, 2021
April 21, 2021
On April 15, Mayor Kenney presented his budget proposal to City Council. Mayor Kenney largely used the $1.4 billion from the American Rescue Plan to fill in revenue shortfalls. Throughout his address, he stated that he would like to prioritize equitable economic recovery, police reform, and public safety investments in this year’s budget. The proposed budget has $5.22 billion in revenue and $5.18 billion in expenses, which leaves a $109 million projected fund balance. Below are some highlights of the budget proposal:
Budget hearings will begin May 3, and Cozen O’Connor Public Strategies will closely monitor them. City Council and the Kenney administration will negotiate over this proposal for the next two months. Councilmembers will likely advocate for additional funding for their respective priorities and debate the merits of changes to the tax code. The last scheduled City Council meeting for the spring session is on June 24, and a budget deal must be reached by June 30. To review official documents relating to the proposed budget, click here.
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