In a recent government meeting, city officials presented the proposed budget for fiscal year 2025, totaling $4.97 billion, marking a 7.4% increase from the previous year. The general fund budget is set at $1.9 billion, reflecting a 3.5% increase, primarily driven by significant funding boosts for the police and fire departments, which will see an increase of $78.6 million. This increase is offset by a net decrease in funding for other general fund departments.

Notably, the city will reduce the property tax rate for the ninth consecutive year by 3.1 cents, the largest reduction in modern history. The budget also outlines a comprehensive capital program, with $250 million allocated for the implementation of a $1.25 billion bond program approved by voters in May.

The budget emphasizes core values such as safety, vibrancy, and sustainability. Key initiatives include a 7.23% pay increase for police and fire personnel, aimed at improving recruitment and retention, with plans to hire 250 police recruits and 63 firefighters. Additionally, the budget allocates $43 million for equipment and fleet upgrades for emergency services.

In the area of community development, the budget supports the establishment of a new Planning and Development Department to streamline zoning and planning processes. It also includes funding for homelessness initiatives, aiming to reduce unsheltered homelessness by 50% by 2026.

Environmental efforts are highlighted with the introduction of a $3 monthly environmental cleanup fee, expected to generate $10.5 million for storm cleanup and waste management improvements. The budget also includes investments in public infrastructure, with $124 million earmarked for street and alley maintenance.

Overall, the proposed budget reflects a strategic approach to address the city's operational needs while prioritizing public safety, community development, and environmental sustainability. The city council will review the budget further before final approval.