Relief funds still aiding city’s recovery, as seen in 2023 budget

Relief funds still aiding city’s recovery, as seen in 2023 budget

  • Funds
  • September 11, 2022
  • No Comment
  • 6

Before City Council meets to approve the $3.4 billion fiscal year 2023 budget this Thursday, a 2 p.m. Tuesday work session and public hearing will give citizens one more opportunity to be heard.

Among the items council members will discuss is how to use the $75 million windfall paid to the city in CPS Energy’s annual revenue distribution, which this year ballooned from an anticipated $361.2 million to $430 million, thanks to extreme summer weather and rising energy costs.

Meanwhile, the 2023 $1.51 billion General Fund budget will include $195.5 million in American Rescue Plan Act (ARPA) funds drawn from the $326,919,408 in state and local recovery funds received by the city.

Source link

Related post

Healthium Medtech amongst the first in Asia and first…

– Meets highest safety and quality standards as a medical devices manufacturer Amongst the first medtech companies in Asia to receive…
Montgomery County funds upgrades for Canajoharie park

Montgomery County funds upgrades for Canajoharie park

VILLAGE OF CANAJOHARIE — Upgrades including a new pavilion and playground are slated for Wintergreen Park in the village of Canajoharie…
The Fiji Times » Bitcoin scam

The Fiji Times » Bitcoin scam

The Fiji Financial Intelligence Unit (FIU) says there are currently no authorised virtual assets service providers in Fiji. It made this…

Leave a Reply

Your email address will not be published.