FY 14-15 Adopted Budget

Honorable Mayor and Members of City Council City of Greensboro Ladies and Gentlemen:

I am pleased to provide you with a copy of the 2014-15 Annual Budget and 2015-16 Projected Budget. This document was prepared by the City's Budget and Evaluation Department and represents a comprehensive publication of the City's budget plans and policies for the upcoming fiscal year. The document also includes a second year planning budget that gives us the opportunity to continue planning for and implementing the strategies necessary to meet the future needs of our community. The Recommended 2014-15 Budget was presented to Council on May 20, 2014 and both hard copy and electronic versions were available for public review. The Council held a preliminary work session in April, additional work sessions in May and June, and a public hearing on the proposed budget in June before acting on the budget. A series of council district based community meetings were also held to encourage the community to participate in the budget development process. City Council adopted the 2014-15 Annual Net Budget, totaling $472,739,699 on June 17, 2014. The Adopted FY 13-14 General Fund budget of $259,441,018 is 2.4% higher than the revised FY 13-14 General Fund budget. The budget includes full year’s funding for the Reedy Fork Fire Station, the Griffin Recreation Center and the McNairy Branch Library, all scheduled to open early in FY 14-15. The budget also includes funding for an additional Fire Department engine company that will be allocated to East Greensboro. A number of program and position reductions were enacted as part of this budget to help maintain the total tax rate at 63.25 cents, the same as FY 13-14. Over $2 million in program reductions were included in the General Fund budget adopted by City Council. The 2014-15 and 2015-16 budget columns in this document, as well as the narrative, reflect the budget as adopted by Council with changes made during the Council deliberations. The Manager's Message, however, is included as it was presented with the Recommended Budget. On behalf of the employees of the City, I thank you for your continued leadership and support of our efforts to meet your priorities in the delivery of high quality services to the Greensboro community. Respectfully,

Jim Westmoreland City Manager

PO Box 3136 

Greensboro, NC 27402-3136 

www.greensboro-nc.gov 

336-373-CITY (2489) 

TTY # 333-6930

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