Mayor's Budget Cultivates Lincoln Residents' Quality of Life
BudgetAI Summary
Mayor Leirion Gaylor Baird's proposed City budget for fiscal years 2024-2026 totals $282,396,723 for year one and $293,232,747 for year two, with the property tax rate remaining at 0.29533 per $100 of valuation. Key investments include $215 million for the Water 2.0 project to secure a second water source, nearly $3 million increase in transportation funding to $49.9 million for street improvements, and funding for 18 new firefighters and firefighter paramedics through a federal SAFER grant plus one grant-funded police community resource specialist. The budget prioritizes affordable housing with $710,000 in continued funding and significant investments in South Haymarket Park development and parks and playground improvements across the community.
Document preview
Preview blocked by the source? Use the "Open PDF" button above.
More budgets from Lincoln
- Budget
The City of Lincoln, Nebraska presents its Popular Annual Financial Report for fiscal year ended August 31, 2024, providing an unaudited summary of financial activities drawn from the detailed Annual Comprehensive Financial Report prepared in accordance with generally accepted accounting principles. The report is designed to simplify complex financial information for public understanding without extensive technical accounting terminology. Lincoln, incorporated on April 7, 1869, has been recognized with multiple quality-of-life rankings including #4 Financial State of the Cities by Truth in Accounting, #5 Safest U.S. Capital City, #6 Best State Capital to Live in by WalletHub, and #6 Best Run City in America by Stacker. Both the Popular Annual Financial Report and the more detailed Annual Comprehensive Financial Report are available online at www.lincoln.ne.gov/City/Departments/Finance/Accounting.
AI summary