A proposed 'privilege fee' system for new development could eventually help recoup hundreds of millions in infrastructure costs tied to Lexington's recent expansion.
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 newly approved budget ups spending for the city's winter storm response, and directs nearly $300 million for Public Safety, including fire, police and other divisions.
Lexington's Urban County Council approved several spending requests for the next city budget, including $135,098 for additional building security in city hall.
Among Councilmembers' budget requests: More than $141,000 for building security upgrades, $1 million for city vehicle fleet maintenance, and $1.5 million for ADA compliance.
Lexington's payroll growth is expected to grow at a slower rate over the coming years, likely impacting the city's ability to create new positions and recurring programs.
Ideas for how to spend the fund balance include a roundabout study, improvements to the Black and Williams Center, and more money to Lextran for a microtransit pilot.
