City Council of the City of Yonkers Public Hearings: 2019/2020 Proposed Budget

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LEGAL NOTICE

CITY COUNCIL OF THE CITY OF YONKERS

PUBLIC HEARINGS

2019/2020 PROPOSED BUDGET

I, Mike Khader, City Council President of the City of Yonkers, do hereby call public hearings on the proposed 2019/20 City of Yonkers Operating Budget and Capital Budget as follows:

Monday, May 13, 2019

Saunders Trades & Technical High School

183 Palmer Rd,

Yonkers, New York

7:00 p.m.

AND 

Monday, May 20, 2019

City Council Chambers

City Hall

40 South Broadway – 4th Floor

Yonkers, New York

7:00 p.m.

Anyone wishing to speak may sign up on the night of the hearings at the hearing sites. Each speaker shall be permitted three minutes and speakers shall be called in the order in which they have signed up.

 

MIKE KHADER

CITY COUNCIL PRESIDENT

Dated: May 7, 2019

 

 

City of Yonkers

Summary of FY19/20 Executive Budget

Revenues

Property Taxes: $387,792,869

Special Taxes: $187,385,755

State and Federal Funding: $108,761,272

City Departments: $44,470,084

Other Revenues: $48,195,526

Appropriated Fund Balance (General): $27,890,155

Total Revenues Sub-Total: $804,495,661

Library Fund: $477,014

Water Fund: $49,864,223

Sewer Fund: $11,820,739

Board of Education: $379,751,305

Total Revenues: $1,246,408,942

Expenditures

City Departments: $343,778,781

Fringe Benefits: $175,531,932

Special Items: $29,241,085

Board of Education: $621,232,510

Total Operating Expenditures: $1,169,784,308

Debt Service: $76,624,634

Total Expenditures: $1,246,408,942

Revenues vs. Expenditures: -0-

Property Tax Levy

Board of Education Property Tax Levy: $248,958,233

City Property Tax Levy: $138,834,636

Total Property Tax Levy: $387,792,869

Property Tax Rate per $1000 of Assessed Valuation (AV)

Board of Education Tax Rate: $536.71 per $1,000 AV

City Tax Rate: $299.67 per $1,000 AV

Tax Rate: $836.38 per $1,000 AV

Capital Budget

City Total: $66,877,017

Board of Education Total: $71,600,000

Total: $138,477,017

The FY19/20 Executive Budget is available for review by the public at:

The Office of the City Clerk, City Hall, 40 S. Broadway, Yonkers NY 10701

https://www.yonkersny.gov/government/departments/finance/city-budget/fy19-20-executive-budget

eHeziCity Council of the City of Yonkers Public Hearings: 2019/2020 Proposed Budget