Public Hearing on FY 2014 Operating and Capital Budgets
April 05, 2013
WHO: Annapolis City Council and residents of the City of Annapolis
WHAT: A public hearing on both the FY 2014 Operating and Capital Budgets. Mayor Cohen’s proposed FY14 budget maintains flat property tax revenues for the second consecutive year, and maintains a scaled-back City workforce that is more than 7 percent leaner than when he took office.
Issues include appropriation of funds for expenditures, all fee schedule changes and funding long-term liabilities. The proposed budget increases the property tax rate by 1.04 cents, from 64.0 cents to 65.04 cents to offset a lingering decline in assessments, maintaining the constant yield. The operating budget is largely a level-service budget, with $94.6 Million in expenses, a 1.4 percent increase over FY13.
Discussion of all capital projects including bulkhead and flood control work along Ego Alley, design and engineering for the Hillman Garage, implementing a Wayfinding Signage Master Plan, and engineering for the long-overdue replacement of the Truxtun Park swimming pool will also be heard at Monday’s meeting.
WHERE: City Council Chambers
160 Duke of Gloucester Street, Annapolis, MD
WHEN: Monday, April 8 at 7 p.m.