The FY24 Budget presents in financial terms the plan for accomplishing the objectives and goals of the City Council during the upcoming fiscal year. Preparation of this document required a comparison of the anticipated revenues with proposed programs and priorities based on City Council priorities, service demands, and/or prior project commitments.
While the budget does not fund all departmental requests, it meets City Council goals expressed during the planning process. The budget is a priority-based budget reflecting the city’s following core values:
- Providing exceptional governmental services;
- Remaining fiscally sound;
- Effectively allocating resources to meet citizen needs; and
- Valuing our employees.
The proposed budget includes total revenues of $21,664,106 and expenditures of $21,179,836 excluding the Capital Improvement and Grant fund projects, the overall budget contains a surplus (revenues over expenditures) of $484,270.
Municipal government exists for one reason: to organize and deliver the best service possible with the resources available, in order to provide a safe, high quality of life for our citizens. This year’s budget for FY24 represents a collective effort by the City Council and the City Staff to meet that challenge. This budget is more than a financial document, it is a policy document that lays the groundwork for a continuation of current services and stabilizes the future financial position in order to carry on the city’s duties and responsibilities, while meeting the goals and objectives outlined in the city’s strategic vision. The city staff will continue to work to review, evaluate, and innovate to improve service delivery.
We appreciate the opportunity to lead an organization that provides our community with exceptional services, programs, and quality of life. We would like to thank the City Council for volunteering their time to serve their community and providing leadership to continue to make the City of Kaufman the gem of Kaufman County.