HomeMy WebLinkAboutR - 2024-03- Resolution Adopting Warning FY2025 R-2024-03
RESOLUTION
A RESOLUTION ADOPTING AND WARNING THE FY 2025 CITY BUDGET AND
ENTERPRISE FUNDS
WHEREAS, pursuant to the City's Charter, the South Burlington City Manager prepared and
submitted the FY 2025 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 2025 budget was held on January 16, 2024 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 Australian ballot at the
City's annual meeting the City's FY 2025 Budget, totaling $64,916,064.64 including the General
Fund, all enterprise funds, and all other special funds, and shall forward copies of the proposed
budget to each member of the Steering Committee.
APPROVED this 16`h day of January, 2024.
SOUTH BURLINGTON CITY COUNCIL
He en Riehle, Chair Mea hamery, Vice Chair
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Tim Barritt, Cl k Larry KupferrrIan
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Andrew Chalnick