LEGAL NOTICE: City Council of City of Yonkers Public Hearing – FY2020-2021 Proposed Budget

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LEGAL NOTICE

CITY COUNCIL OF THE CITY OF YONKERS

PUBLIC HEARINGS

2020/2021 PROPOSED BUDGET

I, Mike Khader, City Council President of the City of Yonkers, do hereby call a public hearing on the proposed 2020/21 City of Yonkers Operating, Capital and Grants Budgets as follows:

Electronically Remote Due to COVID-19 Pandemic

This meeting is being conducted in accordance with executive order 202.1

Thursday, May 14, 2020    &   Tuesday, May 19, 2020

7:00 p.m.                                     7:00 p.m.

 

Please be advised that this meeting will be held “remotely” due to the COVID-19 Pandemic and will be available to the public on the following platforms:

TV

Optimum Channel 78

Verizon Channel 39

City of Yonkers Website

https://www.yonkersny.gov/

Facebook Live

“The City of Yonkers”

Anyone wishing to comment may use the following methods:

IF YOU WISH TO SEND VIA MAIL                               Via E-mail

City Clerk’s office​​​​​  ​​​                                                                   CityClerk@Yonkersny.gov

City’s Clerk’s office at

40 South Broadway Suite107.                                                  ​​​

Yonkers, NY 10701 ​​​​

   Or Call: 914-327-1846.

Comments will be received until 12Noon the day of the Public Hearing.

​​​​​​​​​​​​​​​​​​

​​​​​​​MIKE KHADER

​​​​​​​CITY COUNCIL PRESIDENT

Dated: May 6, 2020

City of Yonkers

Summary of FY2020-2021 Executive Budget

Revenues

Property Taxes: $393,732,589

Special Taxes: $181,364,568

State and Federal Funding: $108,778,272

City Departments: $43,109,969

Other Revenues: $46,281,692

Appropriated Fund Balance (General): $33,021,887

Total Revenues Sub-Total: $806,288,977

Library Fund: $555,952

Water Fund: $47,354,804

Sewer Fund: $11,219,832

Board of Education: $371,605,457

Total Revenues: $1,237,025,022

Expenditures

City Departments: $336,564,807

Fringe Benefits: $174,707,395

Special Items: $30,285,925

Board of Education: $613,238,420

Total Operating Expenditures: $1,154,796,547

Debt Service: $82,228,475

Total Expenditures: $1,237,025,022

Revenues vs. Expenditures: -0-

Property Tax Levy

Board of Education Property Tax Levy: $251,001,891

City Property Tax Levy: $142,730,698

Total Property Tax Levy: $393,732,589

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

Board of Education Tax Rate: $545.70 per $1,000 AV

City Tax Rate: $310.63 per $1,000 AV

Tax Rate: $856.33 per $1,000 AV

Capital Budget

City Total: $29,465,119

Board of Education Total: $34,300,000

Total: $63,765,119

The FY2021 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-2021-executive

TribuneLEGAL NOTICE: City Council of City of Yonkers Public Hearing – FY2020-2021 Proposed Budget