15 results for “fiscal equity”
15 results for “fiscal equity”
The City of Tulsa's Office of Financial Empowerment and Community Wealth (OFE), officially launched in January 2023 under the Department of Resilience and Equity, provides programs and resources to improve financial stability and reduce economic disparities. The OFE was formally added to the City's General Fund Budget for Fiscal Year 2026, including two positions: Director and Financial Empowerment Program Assistant, with $330,000 in American Rescue Plan Act (ARPA) funding secured for Financial Empowerment Center operations and $95,000 from private local foundations. For fiscal years 2026–2027, the office will receive an additional $150,000 in funding. The Tulsa Financial Empowerment Center, whose planning began in February 2020, operates as part of the city's broader resilience strategy and has leveraged Community Development Block Grant, ARPA, and private foundation grants to support its operations.
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Team San Jose, a partnership managing the San Jose Convention Center and entertainment venues, reported $2.4 billion in citywide visitor spending for fiscal year 2022–2023 while focusing on restoring group business to pre-COVID levels through evolved sales strategies and marketing efforts. The organization prioritized sustainability initiatives, including pursuing California Green Business Certification and implementing green meetings programs at the convention center to reduce event carbon footprints. The report highlights the organization's commitment to fiscal responsibility, diversity, equity, and inclusion while positioning San Jose as a competitive destination for meetings and events across multiple market segments.
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Prosper Portland Resolution No. 7432, adopted September 29, 2021, authorizes the Executive Director to execute an intergovernmental agreement with the City of Portland's Office of Management and Finance to implement economic development projects using $7,395,931 in American Rescue Plan Act Local Fiscal Recovery Funds. The agreement establishes the scope, equity requirements, payment procedures, and reporting requirements for deploying these funds. The Executive Director is granted authority to approve amendments that do not materially increase Prosper Portland's obligations or risks and to distribute funds to partners through subrecipient agreements or contracts.
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This 2012 curriculum document from Advancement Project, supported by the California Community Foundation, is designed to help advocates understand and analyze Los Angeles County's budget and finances to advance equity in public spending. The material addresses what the organization identifies as significant discrepancies between public fund allocation and the needs of low-income communities and communities of color, with the goal of increasing transparency, accountability, and equitable use of public dollars. The curriculum is structured in five parts covering financial documents, fiscal research, the budgeting process, budget analysis, and power analysis, drawing on Advancement Project's experience winning increased funding for schools and other critical programs through public finance analysis.
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Worcester's Fiscal Year 2025 budget of approximately $893 million—a 3.0% increase from FY24—was implemented on July 1, 2024, under the theme "Empowering Progress: Investing in Equity, Talent, and Culture." Revenues derive from local property taxes (with dual rates of $13.75 per $1,000 for residential and $30.04 per $1,000 for commercial properties), state and federal aid, and other sources including seven PILOT agreements generating approximately $1.7 million. Expenditures are allocated primarily to education ($533 million or 60%), city services ($195 million or 22%), and fixed costs ($165 million or 18%), with year-over-year increases in education spending (5.3%) and city services (4.4%) offset by a 5.4% decrease in fixed costs.
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The City of Evanston adopted its fiscal year 2024 budget effective January 1, 2024, presented in a 512-page budget book that includes comprehensive details on all municipal funds and expenditures. The budget document covers fund structure and descriptions, revenue sources including property taxes and intergovernmental revenue, departmental allocations for the General Fund (including Police, Fire, Parks & Recreation, and Public Works), and specialized funds such as the Human Services Fund, Affordable Housing Fund, Water Fund, and Sewer Fund. The city also established six Council Goals for 2023–2025 adopted at the December 9, 2023 meeting, with housing expansion and climate action among the stated priorities, with equity designated as a key objective across all goals. The budget includes a five-year capital improvements plan, position control data, debt service information, and detailed breakdowns of expenditures and revenue across all city departments and special service areas.
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The City of St. Petersburg, Florida adopted its Fiscal Year 2025 budget on October 1, 2024, under Mayor Kenneth T. Welch's administration. The budget prioritizes five Pillars for Progress—Housing, Environment and Resilience, Equitable Development, Education and Youth, and Neighborhood Health and Safety—guided by six Principles for Accountable and Responsive Government, with a specific focus on equity initiatives. The budget includes a millage rate reduction from 6.4675 to 6.4525 mills and features the Innovative Equity Project with up to $1 million allocated for community-driven initiatives, with residents voting to fund "Forward Together," a youth crime prevention program designed to provide pathways to success and prevent future crimes.
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The Seattle 2022 Adopted Budget document provides a comprehensive table of contents organizing the city's fiscal plan across multiple sections, including an introduction to the budget process, revenue overviews, and departmental allocations covering areas such as arts and culture, parks and recreation, education, and human services. The budget incorporates the Race and Social Justice Initiative and details the Seattle Rescue Plan as key policy components. The document structures budget information through executive summaries, financial policies, and multi-department revenue summaries, though specific budget figures and detailed policy decisions are not provided in this table of contents excerpt.
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The Proposed FY 2025 Budget for Richmond emphasizes strengthening customer service and municipal governance through accountability, equity, and innovation, with a total budget of $2.9 billion ($1.0 billion General Fund). Key allocations include $15.8 million for Richmond Public Schools, $40.0 million for affordable housing (FY 2025-2028), $4.2 million for homeless services, $21.0 million for traffic calming and Complete Streets, $15.6 million for the Fall Line Trail, and $13.0 million for the Shockoe Project, alongside employee wage increases including a $20.00 minimum wage and 4-7% pay raises across city departments. The budget leverages local, state, and federal funding to build a sustainable, progressive city while ensuring quality municipal services for residents, businesses, and organizations.
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East Marlborough Township submitted a balanced 2024 Budget to its Board of Supervisors on December 4, 2023, with no tax rate increases while maintaining quality services and amenities. The budget was developed with focus on fiscal responsibility, social equity, and environmental sustainability, following a three-pronged approach of respecting past initiatives, serving present needs without increasing debt, and building reserves for future taxpayers. The budget process, mandated under Pennsylvania Second Class Township Code, began in August with departmental budget requests reviewed individually by the Township Manager.
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The Los Angeles Fire and Police Pension System (LAFPP) Board of Fire and Police Pension Commissioners held a meeting on May 3, 2018, to address five items for board action, including a DROP cost neutrality study request, Chestnut Tower loan refinancing approval, review of a domestic small cap growth equity contract, determination of maximum retired sworn non-Medicare health subsidies for fiscal year 2018-2019, and interviews with actuarial consulting firms. The meeting also included reports on relief association premium information, private equity and commodities investment activity, and miscellaneous correspondence from money managers and consultants. The agenda emphasized public participation opportunities through speaker cards and detailed accessibility accommodations, with documents available at the LAFPP office or website.
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The San Diego Housing Commission (SDHC) presented its proposed Fiscal Year 2024 Budget of $595 million, designed to advance its mission of fostering social and economic stability for vulnerable populations through affordable housing, financial self-reliance opportunities, and homelessness solutions. The budget aligns with SDHC's strategic priorities, which include increasing and preserving housing solutions, supporting family self-sufficiency, investing in staff, advancing homelessness solutions, and promoting equity and inclusion. The agency emphasizes collaborative partnerships with government agencies, service providers, developers, and community organizations to maximize the impact of its limited funding resources.
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The City of Evanston's Fiscal Year 2020 Adopted Budget, submitted by Interim City Manager Erika Storlie and Mayor Stephen H. Hagerty, establishes fiscal and operational priorities for the municipality. The document outlines five City Council goals: enhance community development and job creation citywide, ensure equity in all city operations, expand affordable housing options, stabilize long-term city finances, and invest in city infrastructure and facilities. The budget is organized across multiple funds with detailed expenditure breakdowns by department, revenue assumptions, debt summaries, and fund balance information, though specific dollar amounts and line-item allocations are not included in this introductory section of the 250-page document.
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