City Clerk's Department - Budget 2008
The 2008 City of Duluth budget will become effective on July 1, 2007 and run through June 30, 2008. The City provides many services to its current residents and businesses, as well as planning for those that will be available in the future. The 2008 Budget accounts for over $34 million in general fund revenue, SPLOST funds and grants from a variety of sources. Bond proceeds are also anticipated in the 2008 budget. The property tax millage rate has not been increased since 1992.
This budget includes Operations and Maintenance funding and Capital Improvement Projects that will benefit the entire community. A half year is spent planning, preparing and refining the City’s Budget. The staff prepares Program Decision Packages (PDP’s) that present all of the expenses necessary to provide a service or carryout a function of the City. PDP’s are also developed for Capital Improvement Projects. Revenue figures are estimated and revised as the month’s progress. Once all the components are complete, the proposed budget is presented to the Mayor and Council.
The Mayor and Council spend several sessions reviewing and revising the budget as presented by staff. The City Council makes the final determination as to how much money will be approved for the operating budget and capital improvement budget. The last step of the process is the public hearing, where citizen input is accepted and considered. Once adopted, the budget is put into place and becomes the spending plan for the fiscal year.
To view the full FY2008
Budget Document,
click here. (3.08MB)
To view the Introduction and Budget-At-a-Glance,
click here. (490KB)
To view the Operations Expenditures,
click here. (3.09MB)
To view the Capitol Improvements,
click here. (404KB)
These figures are as of July 1, 2007.
2008 Total General Fund Operations and Capital Improvements Budget
| 2008 Projected Revenues: | $ | 40,739,278 |
| 2008 Prior Year Reserves: | 2,283,044 | |
| Prior Year Carry Fwd. Reservers | 964,410 | |
| 2008 Revenues Draft Total: | $ | 43,986,732 |
| 2008 Operations Budget Total: | $ | 18,914,420 |
| 2008 Capital Improvements Budget: | 25,029,324 | |
| 2008 Expenditures Draft Total: | $ | 43,986,732 |