Progress report on the American Rescue Plan Act Spending
In Work Session, ARPA Project Manager Jenifer Wuorenmaa will give the annual update on the American Rescue Plan Act Funding.
Presentation on Lexington’s bond rating
At the Budget, Finance, and Economic Development Committee meeting, City Council will be hearing from Baird, a financial advisory firm that works with LFUCG.
LFUCG Fund Balance Allocations Update
Council voted to adopt $40M worth of new spending out of the city's FY22 Fund Balance in October 27th’s Council Meeting!
LFUCG Fund Balance Discussion
The Budget, Finance, and Economic Development Committee will be having a conversation about how to use surplus revenue leftover from the 2022 Fiscal Year (which ended June 30, 2022). Fund Balance conversations are an annual event and one of the few times that Council can make significant funding decisions without the typical budget or budget amendment process.
Budget, Finance, & Economic Development Committee Presentations
There are three big presentations in September 20th’s Budget, Finance, and Economic Development Meeting. Read about them here!
2022 changes to Ad Valorem taxes
Each year, the Urban County Council weighs whether or not to change the Ad Valorem Tax rate - that process starts on Tuesday, August 16 in the Council Work Session.