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Topic · 20 items in Birmingham

Budget & Finance

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Budget & Finance items

June 29, 2021 · Item number:Item #92 Total cost: undisclosed

Council adopts Land Bank Authority budget for fiscal 2022

Sets spending authority for the Land Bank, which acquires and redevelops tax-delinquent and abandoned properties in the city. Budget determines how many properties the bank can acquire and remediate.

June 29, 2021 · Item number:Item #61 Total cost: $14K

Budget amendment: $20K reallocation within District 5

Shifts $13,852 from discretionary projects and $4,000 from printing fees to other District 5 priorities. How these funds are redirected will affect local spending.

June 29, 2021 · Item number:Item #81 Total cost: undisclosed

Council adopts Neighborhood Allocation Fund budget for FY2022

This budget sets how discretionary funds are distributed to neighborhood projects and priorities. Details on which neighborhoods receive allocations and for what purposes will determine local investment spending.

June 29, 2021 · Item number:Item #76 Total cost: undisclosed

Council adopts General Fund budget for fiscal year 2022

This budget sets spending priorities for all city services over the next fiscal year. It determines funding levels for police, fire, public works, social services, and other departments that residents depend on.

June 29, 2021 · Item number:Item #80 Total cost: undisclosed

City adopts Tax Increment Financing budget for fiscal 2022

TIF funds are diverted from property-tax revenue in designated districts to pay for redevelopment projects. This budget determines how much money flows to TIF districts and what projects get funded in the coming year.

June 29, 2021 · Item number:Item #93 Total cost: undisclosed

City adopts CDBG budget for fiscal year 2021–22

Federal Community Development Block Grant funds support affordable housing, infrastructure, and social services in your neighborhood. This budget sets priorities for how those federal dollars will be spent over the next fiscal year.

June 29, 2021 · Item number:Item #83 Total cost: undisclosed

City adopts Fuel Tax Fund Budget for fiscal year 2022

Sets annual spending plan for fuel tax revenue, typically dedicated to transportation infrastructure and maintenance. This law authorizes all outlays from the fund through June 30, 2022.

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