Litchfield Park City Council to consider 2021 budget proposal May 20
By Kelly O'Sullivan, Independent Newsmedia
Posted 5/18/20
The Litchfield Park City Council will consider adopting a $19.75 million tentative fiscal year 2021 budget when it meets in regular session at 7 p.m. Wednesday, May 20.
Due to COVID-19 social …
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Litchfield Park City Council to consider 2021 budget proposal May 20
Posted
Virtual meeting
What: Litchfield Park City Council
When: 7 p.m. Wednesday, May 20
Watch: To watch via YouTube, visit youtube.com/watch?v=wgXuSXtwMq0&feature=youtu.be To join via Zoom, visit us02web.zoom.us/j/85457319025 and enter password 469291
Call in: To join by telephone, dial 669-900-6833 and enter meeting I.D. 854 5731 9025
By Kelly O'Sullivan, Independent Newsmedia
The Litchfield Park City Council will consider adopting a $19.75 million tentative fiscal year 2021 budget when it meets in regular session at 7 p.m. Wednesday, May 20.
Due to COVID-19 social distancing, the meeting will be held virtually. To watch via YouTube, visit youtube.com/watch?v=wgXuSXtwMq0&feature=youtu.be. To join via Zoom, visit us02web.zoom.us/j/85457319025 and enter password 469291. To join by telephone, dial 669-900-6833 and enter meeting I.D. 854 5731 9025.
The tentative 2021 budget, which reflects a 4%, or $717,000, increase over 2020, relies on reserves and contingency funds to make up for anticipated revenue losses due to the continuing coronavirus pandemic. If approved Wednesday, the council is expected to finalize the budget after a public hearing June 17.
The budget submitted by Finance Director Lars Johnson is broken down into four parts, operating, capital, contingency and City Center contingency.
The proposed $8.935 million operating budget reflects a 1%, or $121,362, increase over FY 2020.
The proposed $9.208 million capital budget, which includes money for the City Center project approved last year, reflects a 105%, or $4.7 million, increase over 2020. The council voted in May 2019 to approve the 30-acre, four-phase City Center plan, which ultimately will see a mix of offices, restaurants and retail stories surrounding a park where the city can host special events and festivals.
The proposed $600,000 contingency budget reflects a 78%, or $2.113 million, decrease from last year, and the $1 million City Center contingency budget reflects a 67%, or $2 million, decrease from last year.
The council also will consider a tentative budget for its three Street Light Improvement Districts. The budget will be finalized at the council’s June 17 meeting, and tentative assessment rates will be finalized by Maricopa County based on final property valuations in August, according to a staff report.
Other agenda items include ordinances concerning mobile food vendors, commercial truck restrictions and flood plain regulations; introduction of an ordinance on model city tax code amendments; approval of fees for mobile food vendors, awarding of Community Development Block Grants; Vista Verde Drainage Improvement Project; and an agreement with Maricopa County Animal and Control for services.
