Board of Aldermen President Lewis Reed statement on FY2020 budget
Board of Aldermen President Lewis Reed releases a statement after the final approval of the fiscal year 2020 budget by the Board of Aldermen.
This article is 5 years old. It was published on July 1, 2019.
Yesterday, the Board of Aldermen passed the Fiscal Year 2020 Budget by a vote of 20 “ayes,” 5 “noes” and 1 present. This budget includes funding for:
- More than five percent of the budget in reserves, the first time in 11 years;
- An increase of $1,500,000 to the Affordable Housing Trust Fund, which helps our homeless population;
- Additional $625,000 to building demolition;
- Additional funding for the Fire Department to supply Narcan and necessary breathing apparatus for the firefighters;
- An addition of $500,000 to fund a crime prevention program, such as Cure Violence; and
- Increased funding for recreation programming and more.
“I am overall pleased with this year’s budget. The Ways & Means Committee did an excellent job moving funds around and securing additional funds for areas where our residents most need it.
I am glad 19 of my colleagues agreed with me and supported this year’s budget to fund a crime prevention solution that will reduce shootings and killings by a minimum of 30% in the first year; supply our firefighters with life-saving equipment; and providing more resources to our most vulnerable populations. This budget focuses on reducing crime, helping build up our neighborhoods, providing resources to our most vulnerable populations and more. I am proud to have sponsored this effort,” said Board of Aldermen President Lewis Reed.
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Contact Information:
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Department:
President of the Board of Aldermen
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Topic:
Policy Making