Austin City Manager Spencer Cronk Proposes FY 2021 Budget to ‘Meet Crises Head-on’

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Austin City Manager Spencer Cronk today, July 13, 2020, presented his proposed Fiscal Year 2020-2021 budget to City Council. Via videoconference, Cronk laid out the highlights and key themes of his proposals for City tax and spending for the fiscal year beginning October 1, 2020.
 
This year’s proposed budget of $4.2 billion – the same size as last year’s – adjusts to new fiscal constraints and community expectations, with focused investments in core programs and City infrastructure. The proposed $1.1 billion General Fund budget supports re-imagining public safety through a reallocation of Police funding to health, housing, and other critical social services. The Capital Budget includes $1.2 billion in planned spending.

We are in the process of analyzing and reporting on key provisions for clients. For those with general questions, please email us at: info@binghamgp.com

// The Bingham Group Team