It was reduced from its original proposal due to reduced revenue projections.
Frederick,, Md (KM) In a unanimous vote on Thursday night, the Frederick Board of Aldermen approved a reduced budget for fiscal year 2021.
The spending plan as introduced last month totaled more than $105-million. But $5-million was cut out due to reduced revenue projections as a result of the COVID-19 pandemic. Among the items removed from budget: merit increases and salary scale adjustments for employees; a new traffic engineer position: an Assistant to the Theater Manager position at the Weinberg Center:and a Career Pathing program.
The property tax remains at 73-cents per $100 of assessed value for real property, and $1.55 per $100 of assessed value for business property.
“This budget cycle was truly like no other. Soon after COVID-19’s arrival, I knew the budget we prepared would not be feasible,”: says Mayor Michael O’Connor, in a statement. “It took the thoughtful review of our Directors and the expertise of our Budget Director, Katie Barkdoll, to present an amended budget that we believe represents the financial forecast for the City of Frederick. We are committed as a City to protect the life, health and safety of our residents, and this budget ensures our services continue.
The new spending plan takes affect on July 1t, 2020.
By Kevin McManus