Town Crier
Request a township
All typesagendaminutesproposalbudgetother
All time30 days90 days1 year

10 results for “bond rating” · budget

  • NOTICE TO TAXPAYERS - City of Bloomington, Indiana

    Bloomington, IN
    Budget

    The City of Bloomington, Indiana issued a Notice to Taxpayers for its 2023 budget, scheduling a public hearing for September 28, 2022 and an adoption meeting for October 12, 2022, both at 401 N Morton Street and available via Zoom. The estimated civil maximum levy is $36,401,347, with the General Fund budgeted at $49,779,420 and estimated to raise $26,753,902 in taxes (a 5.00% increase from the current levy), while other major funds include Park & Recreation at $10,942,605 and various bond and pension funds. Taxpayers may file objection petitions within seven days of the public hearing if they object to the budget, tax rate, or levy, and complete budget details are available at the city offices or online at www.budgetnotices.in.gov.

    AI summary

    budgettax increasepublic hearing
    View PDFSource

2026-2027 Budget - City of Knoxville

Knoxville, TN
Budget

Mayor Indya Kincannon proposed a balanced, $499 million net budget for fiscal years 2026-2027 with no new taxes, maintaining the city's property tax rate at $2.1556 per $100 of assessed value—the lowest since 1974. The budget prioritizes public safety ($102.1 million for police and firefighter salaries and benefits), affordable housing ($8 million investment including support for the Transforming Western partnership), and parks and quality-of-life services, while withdrawing $6 million from reserves to address inflationary pressures that are outpacing revenue growth. Despite budgetary challenges from 2.2 percent sales tax growth forecasts against 3 percent anticipated inflation, Knoxville maintains strong financial reserves of $114.6 million in its General Fund Balance and holds all-time high bond ratings with the lowest debt per capita among Tennessee's six largest cities.

AI summary

budgetpublic safetyaffordable housingproperty taxparks and recreation
Source

  • Proposed Operating Budget Fiscal Year 2025

    Tampa, FL
    Budget

    Tampa Bay Water's proposed Fiscal Year 2025 Operating Budget outlines the organization's financial plan, including revenue projections, expenditure allocations, and capital improvement programs across multiple divisions. The budget addresses key factors affecting operations, establishes uniform water rates for member costs, and includes analysis of debt service obligations and bond financing. The document covers staffing levels, operational highlights, and divisional budget details to guide Tampa Bay Water's financial and operational planning for the upcoming fiscal year.

    AI summary

    View PDFSource

  • Summary: Lexington-Fayette Urban County Government, Kentucky; General

    Lexington, KY
    Budget

    S&P Global Ratings assigned an 'AA' long-term rating with stable outlook to Lexington-Fayette Urban County Government's $44.5 million series 2022B general obligation bonds, which will finance various capital expenditures and a land conservation program. The bonds are secured by the government's full-faith-and-credit pledge and ad valorem property taxes, subject to Kentucky's constitutional and statutory limitations including a 4% annual growth cap on aggregate property tax revenue. While the county's economic base is recovering from COVID-19 and fiscal 2022 ended with a surplus, long-term challenges remain including rising personnel expenses and pension contribution costs.

    AI summary

    general obligation bondscapital expendituresproperty taxpension costsland conservation
    View PDFSource

  • borough of kennett square 2021 approved budget

    Kennett Square, PA
    Budget

    The Borough of Kennett Square's 2021 approved budget document outlines the municipality's financial plan across multiple funds including the General Fund, Water Fund, and various debt obligations. The budget includes detailed breakdowns of revenues and expenditures by department—including General Government, Public Safety, Public Works, and Recreation—along with staffing levels, wage and benefits analysis, and a comparison of tax rates and assessments from 2010–2020. The document also provides comprehensive debt service information covering general obligation bonds and notes issued between 2019 and 2021 for projects including sewer upgrades, parking garages, and borough-owned properties.

    AI summary

    budgettax ratesdebt servicewater fundpublic works
    View PDFSource

  • 2024 operating budget plan

    Akron, OH
    Budget

    The City of Akron, Ohio presented its 2024 operating budget plan, which received the Government Finance Officers Association Distinguished Budget Presentation Award. The comprehensive document covers revenue and expenditure categories across multiple funds including the General Fund, Sewer Fund, and Water Fund, along with detailed debt service obligations, capital investment programs, and long-range financial planning assumptions. The budget includes analysis of fund balances, departmental budgets, bond ratings, and historical comparative data to support the city's fiscal operations for the year beginning January 1, 2023.

    AI summary

    operating budgetrevenue expenditurecapital investmentdebt servicefund balance
    View PDFSource

  • Charleston County, SC

    Charleston, SC
    Budget

    Charleston County, South Carolina's fiscal year 2019 financial report highlights the county's strong fiscal management, including maintaining a AAA bond rating with all three financial rating agencies and receiving the Government Finance Officers Association's Excellence in Financial Reporting award for 30 consecutive years. The county, comprising 45 departments and approximately 2,600 full-time staff serving a coastal region of 1,358 square miles, emphasizes transparent financial communication to its citizens and attributes its financial discipline to lower taxes and better borrowing rates for capital projects. This Citizens Financial Report summarizes the county's revenues, expenditures, capital improvement projects, and major transportation initiatives for the fiscal year ended June 30, 2019.

    AI summary

    budgetfinancial managementcapital projectstransportationcounty government
    View PDFSource

  • City of Scranton 2025 Budget

    Scranton, PA
    Budget

    The City of Scranton submitted its 2025 Operating Budget on October 30, 2024, with estimated expenditures not exceeding estimated revenue, as required by the Home Rule Charter. The budget narrative highlights the city's fiscal management during challenging economic conditions, noting budget surpluses in 2020–2023 and successful debt management, including a 2024 General Obligation Notes refunding that generated $2.195 million in net debt service savings. In March 2024, Standard & Poor's upgraded Scranton's bond rating from BBB- to BBB+ with a positive outlook, reflecting the city's improved financial health despite ongoing pressures including workforce retention challenges and the need to maintain competitive employee salaries.

    AI summary

    budgetdebt managementbond rating
    View PDFSource

  • Budget - City of Knoxville

    Knoxville, TN
    Budget

    Mayor Indya Kincannon proposed a balanced $499 million net operating budget for 2026-2027 with no new taxes, maintaining the city's property tax rate at $2.1556 per $100 of assessed value—the lowest since 1974. The budget prioritizes public safety ($102.1 million for police and firefighter salaries and benefits), affordable housing (over $8 million in investments including $4.5 million for the Transforming Western partnership), and parks and quality of life services, while addressing inflationary pressures that exceed modest sales tax revenue growth of 2.2 percent. The city's General Fund Balance reserves total approximately $114.6 million with all-time high bond ratings and the lowest debt per capita among Tennessee's six largest cities.

    AI summary

    budgetpublic safetyaffordable housingparks and recreationproperty tax
    Source

  • Citizens of Charleston County:

    Charleston, SC
    Budget

    The FY 2025 Charleston County Operating Budget was adopted by County Council on June 18, 2024, maintaining the county's tax rate unchanged for homeowners while applying full Local Option Sales Tax collections as a credit against tax bills. The county maintains a strong financial position with a GFOA Distinguished Budget Presentation Award for thirty-five consecutive years and Triple AAA bond ratings for thirteen years, but faces challenges including inflation, higher personnel costs, historically high position vacancies, and increased service demands. The budget prioritizes maintaining a competitive workforce through compensation adjustments, including a shift of pay tables to reflect market rates and continued funding for longevity and merit programs. The Community Development and Revitalization Department is utilizing pandemic recovery funds from the Consolidated Appropriations Act and American Rescue Plan Act to address affordable housing and critical citizen needs, though these funds are not included in the operating budget itself.

    AI summary

    budgettax ratepersonnel costsaffordable housingpandemic recovery funds
    View PDFSource