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3 results for “debt management” · other

  • Budget & Management | City of Cleveland Ohio

    Cleveland, OH
    Other

    The Division of Budget and Management in Cleveland's Department of Finance prepares, implements, and monitors annual operating budgets and financial plans to fund City services. The General Fund Operating Budget, funded primarily by a 2.5% City Income Tax on all workers in Cleveland, supports Safety Forces (Police, Fire, and EMS), Waste and Recycling Pick Up, City Parks, and Neighborhood Resource and Recreation Centers. Enterprise Funds operate as self-supporting services including Water, Water Pollution Control, Cleveland Public Power, the Airport, Cemeteries, Golf Courses, City Parking Facilities, Public Auditorium, and West Side Market. The City also funds capital improvements and infrastructure through debt, restricted funds, and grants, including Community Development Block Grants (CDBG) from the U.S. Department of Housing and Urban Development that must support projects eliminating blight and assisting low- and moderate-income residents in housing, public improvements, and land use areas. Budget documents are available for fiscal years 2023 through 2026, along with an interactive budget portal and comprehensive financial reports.

    AI summary

    municipal budgetpublic safetywater infrastructurecommunity development
city services
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  • CITY OF JERSEY CITY

    Jersey City, NJ
    Other

    Mayor Steven M. Fulop introduced Jersey City's FY 2026 budget on April 18, 2025, proposing zero municipal tax rate increase for residents while maintaining full city services—marking the ninth of eleven budgets under his administration with tax increases of 2% or less. The budget includes $66 million in debt service paydown, $6 million for union contract settlements, new police and firefighter hires, full pension fund funding with cost-of-living adjustments, and investments in affordable housing and infrastructure, while managing challenges including rising insurance premiums and reduced federal and state grant funding. The municipal portion of average property tax bills has decreased to 35% from 48% over two years, with $1.6 billion in new ratables added to the tax rolls through economic development efforts.

    AI summary

    budgettax increasepolice hiringinfrastructureaffordable housing
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  • Tn

    Nashville, TN
    Other

    This presentation by the Tennessee Division of Local Government Finance introduces new budget and debt manuals for local governments, approved by the State Funding Board in June 2021 pursuant to Tenn. Code Ann. § 4-3-305. The Debt Manual provides guidance on forms, procedures, and uniform processes for various types of local government debt issuance (bonds, notes, lease financings, and loan agreements) across multiple entity types, and outlines oversight requirements at federal and state levels, including comptroller pre-approval for lease financings effective January 1, 2022.

    AI summary

    budgetdebt managementlocal government financebond issuancecompliance
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