Council follows Mayor's recommendations for property tax rates
The new tax rates will raise revenue by 4% from last year for the General Fund and Urban Services Fund.
The Lexington-Fayette Urban County Government budget determines how the city spends taxpayer money each fiscal year. The budget process begins with the Mayor's proposed budget, followed by Council review and amendments. The budget funds all city services including police, fire, parks, roads, and social services.
The new tax rates will raise revenue by 4% from last year for the General Fund and Urban Services Fund.
Ad valorem taxes are assessed on most property in Lexington. How much can homeowners expect to pay next year?
The City Budget is essentially finalized. Here's what Council added.
Councilmembers are going to decide this week what changes to make to the Mayor's Proposed Budget.
This week is loaded with Budget Link meetings. Here's what you need to know.
Now that the Mayor has published her Proposed Budget, it's time for Council to begin looking at how/if they want to change it.
We have the run down on the big items Mayor Linda Gorton is including in the City Budget!
The Mayor's Budget Address is the official start of LFUCG's Budget Season.
Take a look at the projects being recommended for funding with the new Parks Capital Fund.
The Parks Capital Fund was approved by Lexington voters in November 2024.
Lexington's economy is slated to continue to grow, but at a slower pace than the last few Fiscal Years.
The annual Joint Budget Retreat is the first public discussion between the Mayor and Council about the City Budget.