February 26, 2014
City Manager Rashad Young reviews the details of his proposed $634.8 budget for FY 2015 during a media briefing at City Hall Feb. 25.
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Young Proposes $634.8 Million Budget
City Manager Rashad Young submitted his proposal for a $634.8 million General Fund Operating Budget for Fiscal Year 2015 before City Council Tuesday, Feb. 25, reflecting an increase of 1.6 percent over last year's budget while maintaining current real estate and personal property tax rates. “Expenditures are growing at a faster rate than revenue,” said Young in detailing his proposed budget during a press briefing earlier in the day. “The challenge always is how to put together this big jigsaw puzzle to meet the needs of the different constituencies and stakeholder groups.”
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