• October 5, 2024

Brownsville Starts Fiscal Year 2025

Brownsville Starts Fiscal Year 2025

The City of Brownsville is starting Fiscal Year 2025 with a balanced budget, approved by the City Commission, that focuses on public safety, infrastructure, community services, and supporting city employees.

The $133.2 million budget, presented by City Manager Helen Ramirez, ensures the continued delivery of essential services and responsible financial management. This marks the fourth consecutive year of property tax rate reductions, with the current tax rate set at $0.603504 per $100 valuation.

City officials emphasized the budget’s importance in enhancing the quality of life for residents while maintaining key investments in infrastructure and public safety.

“Our budget reflects our dedication to long-term solutions for Brownsville. We’re ensuring that we keep the city safe, enhance our infrastructure, and also invest in our employees,” said Finance Director and Deputy City Manager Alan Guard.

The budget allocates over $95 million for capital improvement projects, with $17.2 million designated for streets and drainage improvements. Other investments include upgrades to public safety infrastructure, parks, technology, and downtown revitalization projects.

City employees are also a priority in the new budget. The City Commission approved a 3% cost-of-living adjustment and increased the minimum wage from $10.97 to $13 per hour. Additionally, employees with at least seven years of service will receive compression adjustments in recognition of their dedication.

“Our recent Aa3 rating from Moody’s is a testament to our strong financial management. This budget supports our long-term growth and development goals while ensuring financial stability,” Guard added.

The fiscal year will run from October 1, 2024, to September 30, 2025. Through this balanced budget, Brownsville reaffirms its commitment to creating a vibrant, safe, and thriving community for all its residents.

Leave a Reply

Your email address will not be published. Required fields are marked *