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Topic · 20 items

Budget & Finance

Agenda items

Budget & Finance items

September 17, 2024 · Item number:Item #102 Total cost: undisclosed

Council adopts Land Bank Authority budget for fiscal 2025

The budget sets spending and priorities for the Land Bank Authority, the city agency that acquires and repurposes tax-delinquent and blighted properties. This budget determines how many properties the Land Bank can process and what resources support neighborhood revitalization.

September 17, 2024 · Item number:Item #98 Total cost: undisclosed

Rebuild Alabama grant budget adopted for fiscal year 2025

City receives state grant funds under the Rebuild Alabama Act to support local projects and services in the 2025 fiscal year. This budget allocation determines how those state dollars are spent.

September 17, 2024 · Item number:Item #93 Total cost: undisclosed

Council defers fuel tax budget for fiscal 2025

Fuel tax revenue funds city transportation and infrastructure projects. The budget deferral postpones decisions on how $millions in fuel-tax dollars will be spent this fiscal year.

September 17, 2024 · Item number:Item #99 Total cost: undisclosed

Capital Improvement Fund budget withdrawn

The Mayor's proposed $0 capital budget for fiscal 2025 has been pulled from consideration, delaying infrastructure spending decisions.

September 17, 2024 · Item number:Item #90 Total cost: undisclosed

Council withdraws TIF fund budget for fiscal 2025

The city is pulling back its tax increment financing budget plan for next year, deferring the final TIF spending framework. This affects any projects or services funded through TIF districts.

September 17, 2024 · Item number:Item #87 Total cost: undisclosed

General Fund budget for fiscal year 2025 withdrawn

Council pulled the $0-listed budget amendment back from voting, likely for revision. Check your city's budget documents if you depend on public services funded by the General Fund.

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