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City budget proposed with 33.207 mills property tax rate
The city plans a 2024 general fund of about 115.5 million, a 10 percent rise driven by homelessness and affordable housing initiatives. It projects 3.58 million more in property taxes and 4.3 million more in sales tax revenue, while considering a revenue neutral rate that could cut taxes by 71 on a 250000 home, a path not recommended. The plan creates a Homeless Programs Department with 2 million and partners with Tenants to Homeowners to add housing funds, totaling 3.1 million in new housing spend, and outlines a 5 year CIP of 480.73 million with 125 million in 2024. The city will discuss utilities rate implications later and holds a budget work session at City Hall.
MENTIONED IN THIS ARTICLE
Owens
Homeless Programs
Holcom Park
Homeless Programs Department
Laura McCabe
The
Journal-World
McCabe
Eagle Bend
Prairie Park Nature Center
Nature Center
CIP
Kansas River
Journal- World
Commission
Lawrence Police Department
Lawrence Humane Society
Lawrence Loop
Lawrence City Commission
City Hall
Sixth St