Title
Fiscal Year 2023 Operating Budget and Fiscal Years 2023-2027 Capital Investment Plan
Action
Action:
Adopt the Fiscal Year (FY) 2023 Appropriations and Tax Levy Ordinance, the FY 2023 Compensation and Benefits Recommendations, and other items related to the Annual Budget Ordinance adoption:
A. The FY 2023 Operating Appropriations and Tax Levy Ordinance,
B. The FY 2023 - 2027 Capital Investment Plan,
C. The FY 2023 General Solid Waste Fee,
D. The FY 2023 Storm Water Services Fees,
E. The FY 2023 Transit Operating Budget, FY 2022 Transit Debt Service Budget, and FY 2023 - 2027 Transit Capital Investment Plan which was approved by the Metropolitan Transit Commission on April 27, 2022,
F. The FY 2023 Charlotte Water Rates,
G. The FY 2023 Compensation and Benefits Plan and associated Human Resources contracts,
H. Outside Agency and Municipal Service District contracts,
I. American Rescue Plan Act Funding, and
J. Other budget items.
Body
Committee Chair:
Ed Driggs, Budget and Governance Committee
Staff Resource(s):
Marcus Jones, City Manager's Office
Ryan Bergman, Strategy and Budget
Teresa Smith, Finance
Policy
* As required by Chapter 159 of the North Carolina General Statutes, the City of Charlotte adopts annual appropriations and a tax levy ordinance and considers related actions by July 1 of each fiscal year.
* The annual budget is an instrument that establishes policy. The budget identifies and summarizes programs and services provided by the City and how they are funded. It is the annual plan that coordinates the use of revenues and associated expenditures.
Background
* The annual budget ordinance is presented in accordance with the City Manager's Proposed FY 2023 Budget presented on May 2, 2022, and subsequent City Council budget adjustments.
* The FY 2023 Budget is structurally balanced and focuses on five City Council Strategic Priorities: Great Neighborhoods; Safe Communities; Transportation, Planning, and Environment; Workforce and...
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