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HomeMy WebLinkAboutR - R-2023-02 - Resolution Adopting and Warning The FY2024 City Budget And R-2023-2 RESOLUTION A RESOLUTION ADOPTING AND WARNING THE FY 2024 CITY BUDGET AND ENTERPRISE FUNDS INCLUDING THE USE OF AMERICAN RESCUE PLAN ACT (ARPA) FUNDS WHEREAS,pursuant to the City's Charter,the South Burlington City Manager prepared and submitted the FY 2024 annual budget to the South Burlington City Council with the stated purpose of maintaining current service levels for municipal operations,ensuring a sustainable fund balance for future councils, and to maintain investment in capital; and, WHEREAS, included in the annual budget are certain capital improvement expenditures that are eligible for funding with ARPA funds the City received to help offset impacts caused by the COVID-19 pandemic; and, WHEREAS,at its regularly warned meetings through December and January,the Council and public reviewed the City budget through individual department budget presentations; and, WHEREAS, in accordance with the City's Charter and applicable provisions of state law, a properly warned public hearing on the FY 2024 budget was held on January 17,2023 for further public comment. NOW,THEREFORE,BE IT RESOLVED that,pursuant to its authority under 24A V.S.A. §13-1302(c), the City Council does hereby adopt and warn for public vote by austalian ballot at the City's annual meeting the City's FY 2024 Budget,totaling$55,286,721.89 including the General Fund and all enterprise funds,and shall forward copies of the proposed budget to each member of the Steering Committee. BE IT FURTHER RESOLVED,that if the voters approve the proposed budget,the following eligible capital improvement expenditures shall be funded through the use of ARPA funds: Ambulance;Public works garage bay expansion and charging stations;Public Works fleet replacement;Replacing generator at Fire Station#2;and all previous Council approved uses of ARPA funds. APPROVED this 17th day of January,2023. SOUTH BURLINGTON CITY COUNCIL Helen Riehle, Chair Meaghan E _cry,Vice Chair /s/ Tom Chittenden Bar tt, Clerk Tom Chittenden Matt Cota