An Ordinance For Making Appropriations For Expenses Of The City Of Huber Heights, Ohio For The Period Beginning January 1, 2023 And Ending December 31, 2023. (first reading)
Purpose and Background
The second draft of the 2023 City Budget is included. The 2023 City Budget for the General Fund and Local Street Operating Fund are balanced. The Police Fund, Fire Fund, and Parks and Recreation Fund are structurally balanced (current carryover fund balances cover any excess spending in 2023). The second draft of the 2023 City Budget totals $103,998,498 for all funds. The 2023 General Fund Budget totals $16,120,589.
The proposed 2023 City Budget ordinance is attached as well as the 2023 Expenditure Budget summary and history of expenses for each fund. Also attached are the detailed revenue estimates for 2022 and 2023, in addition to actual revenues for previous years for each fund.
Fiscal Impact
Source of Funds:
N/A
Cost:
N/A
Recurring Cost? (Yes/No):
N/A
Funds Available in Current Budget? (Yes/No):
N/A
Financial Implications:
There is no fiscal impact on the current budget since this is the proposed 2022 Budget.