Mayor Frey outlines vision for 2020 City budget

Mayor Jacob Frey presented his recommended 2020 City budget Aug. 15 – a budget that invests in the mayor’s top priorities of economic inclusion, affordable housing, public safety and police-community relations.

The City Council will begin reviewing the recommended $1.62 billion budget, hold a series of budget presentations in September and October, and vote on adopting the budget in December. The Board of Estimate and Taxation is scheduled to hold a public hearing to set the maximum property levy at 5:05 p.m. Wednesday, Sept. 11.

The recommended budget includes a 6.95% property tax levy increase for 2020. The City’s revenues come from a wide variety of sources with property taxes accounting for about 23% of the City’s budget.

Highlights of the recommended budget include:

Visit the City’s budget website to learn more about the mayor’s recommended budget, key dates in the approval process, FAQs and more. You can also watch a series of videos on the City’s budget process.

Published Aug 16, 2019

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