Council Continues Work on City Budget
Three Budget Links have met so far. Two more still have meetings before all Link recommendations are due to the full Council.
Council Committee to Review Urban Services Fund
In Tuesday’s Environmental Quality and Public Works (EQPW) Committee, Commissioner of Finance Erin Hensley will give an overview of the Urban Services Fund.
Council Begins Work on LFUCG Budget
Budget Season officially kicked off last week with Mayor Linda Gorton’s Budget Address! Council will begin working on the Proposed Budget as soon as Monday morning.
Highlights from Mayor Gorton’s Budget Address
Here are some highlights from the Mayor’s Budget Address!
Mayor Linda Gorton Kicks Off Budget Season
This Tuesday at 3pm, Mayor Linda Gorton will present her proposed budget for Fiscal Year 2024/2025 (FY24/25).
How Will Lexington’s Economy Grow Over the Next Two Years?
In February 27th’s Budget, Finance, and Economic Development (BFED) Committee, Councilmembers will hear two presentations on Lexington’s industry, workforce, and tax revenue growth. They will also hear a Monthly Budget Update on the Fiscal Year 2024 (FY24) budget.
Council-Mayor Joint Budget Retreat!
Council and the Mayor’s Administration met to share their priorities for the upcoming FY25 Budget!
FY24 Q2 Financial Update
In Tuesday’s Budget, Finance, and Economic Development (BFED) Committee, Councilmembers will hear the Second Quarter Update on the Fiscal Year 2024 Budget. Quarter two ended on December 31st, 2023.
Budget COW this week to discuss Fund Balance Proposals from the Mayor and City Council
On Tuesday, October 31st, there will be a special Budget Committee of the Whole (COW) meeting to discuss the Fiscal Year 2023 Fund Balance.
The BFED Committee hears updates on the FY 24 Budget and Coldstream Business Park
Council’s Budget, Finance, and Economic Development (BFED) Committee will meet to hear the monthly financial update on the City’s budget and an update about Coldstream Park.
Presentations on LFUCG’s personnel budget and ad valorem taxes
The Budget, Finance, & Economic Development (BFED) Committee will meet this week and hear a presentation about the City’s personnel budget and Ad Valorem taxes.
Council Adopted FY24 City Budget
Lexington just adopted its largest budget in history at over $900 million, including all Restricted Funds.
FY 23/24 Budget moves to final vote
Council voted for a final time to adopt the FY 23/24 City Budget.
Council holds final FY23/24 Budget COW
Council held their final Budget COW to hear proposed amendments to the Mayor’s Budget, as recommended by Budget Links and individual Councilmembers.
Council adds amendments to proposed FY 23/24 budget
In the budget COWs, links and Councilmembers presented and voted on their recommended amendments to the Mayor’s proposed budget, and then voted to adopt the budget as amended.
Council concludes link meetings for FY 23/24 Budget
The City’s Budget continues to move through the process. But it is not over yet!
Council FY 23/24 meets in Budget Links
The week of May 8th, Links continued to meet in the Council Caucus Room.
Council reviews Mayor’s Proposed FY 23/24 Budget
The City Budget continues to move along! Urban County Council met in a Committee of the Whole (COW) on April 25th to hear an overview of the Mayor’s proposed budget.
Budget Links for FY24
The Mayor’s Proposed Budget has been released, and Council has around 40 days to review the budget and make changes. The process for Council’s review begins with Link sessions - smaller groups of Councilmembers focused around specific topics like housing or public safety - to consider what changes they want to suggest to the group. Links are in full swing now, with 10 meetings scheduled between April 27th and May 11th.
Budget Season Continues!
Now that a draft budget has been proposed, City Council will meet in a Committee of the Whole (COW) this week to talk about the Mayor’s proposal. They will hear a presentation on the City’s finances from Commissioner of Finance Erin Hensley, as well as an ARPA update from Project Manager Jenifer Wuorenmaa. Councilmembers will then have an opportunity to review the Mayor’s proposal with Commissioner Hensley.