Board Of Aldermen - Agenda - 9/9/2020 - P85
LEGISLATIVE YEAR 2020
RESOLUTION: R-20-067
PURPOSE: Establishing the use of fund balance for tax rate
SPONSOR(S): Mayor Jim Donchess
COMMITTEE
ASSIGNMENT: Budget Review Committee
FISCAL NOTE: This resolution would apply $4,500,000 of unassigned general
fund balance to the FY21 tax rate. This amount is from fund
balance consisting of anticipated surplus in the FY20 operating
budget.
ANALYSIS