{"id":12556,"date":"2022-11-16T13:06:01","date_gmt":"2022-11-16T21:06:01","guid":{"rendered":"https:\/\/www.yakimawa.gov\/media\/news\/?p=12556"},"modified":"2022-11-16T13:06:03","modified_gmt":"2022-11-16T21:06:03","slug":"yakima-city-council-approves-2023-24-budget","status":"publish","type":"post","link":"https:\/\/www.yakimawa.gov\/media\/news\/yakima-city-council-approves-2023-24-budget\/","title":{"rendered":"Yakima City Council Approves 2023-24 Budget"},"content":{"rendered":"\n<p>The Yakima City Council approved the City\u2019s 2023-24 biennial budget during its regular meeting last night, Tuesday, November 15<sup>th<\/sup>.<\/p>\n\n\n\n<p>The budget calls for $269,819,797 in total spending in 2023, including $73,349,628 for the General Fund. In 2024, the budget calls for $251,222,577 in total spending, including $75,106,942 for the General Fund.<\/p>\n\n\n\n<p>The 2023-24 budget:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Achieves a balanced budget in every fund<\/li>\n\n\n\n<li>Assures prioritized services citywide<\/li>\n\n\n\n<li>Preserves General Fund\u2019s reserve, with a goal of 25 percent of expenditures<\/li>\n\n\n\n<li>Establishes sustainable funding for equipment replacement<\/li>\n\n\n\n<li>Provides an updated 5-year capital budget developed for all funds, including projects within the General Fund<\/li>\n<\/ul>\n\n\n\n<p>Final approval of the 2023-24 budget followed two public hearings held in November. Prior to that, the Council held budget study sessions during October.<\/p>\n\n\n\n<p>Director of Finance and Budget Jennifer Ferrer-Santa Ines notes that budgets, including the one approved last night for 2023-24, are subject to course corrections throughout the year.<\/p>\n\n\n\n<p>\u201cGrants, for example, are not budgeted if approval has not been confirmed,\u201d she said. \u201cStaff will bring first quarter, and subsequent quarter, amendments for changes as they become known.\u201d<\/p>\n\n\n\n<p>Click <a href=\"https:\/\/yakima.novusagenda.com\/agendapublic\/CoverSheet.aspx?ItemID=9774&amp;MeetingID=1058\">Coversheet (novusagenda.com)<\/a><a href=\"https:\/\/yakima.novusagenda.com\/agendapublic\/CoverSheet.aspx?ItemID=8388&amp;MeetingID=984\"><\/a> for a packet of 2023-24 budget documents presented to the City Council Tuesday night.<\/p>\n\n\n\n<p>Click <a href=\"https:\/\/www.yakimawa.gov\/services\/finance\/budget-documents-2\/\">Budget Documents | Finance (yakimawa.gov)<\/a><a href=\"https:\/\/www.yakimawa.gov\/services\/finance\/budget-documents-2\/\"><\/a> for City of Yakima budgets dating back to 2013.<\/p>\n\n\n\n<div class=\"wp-block-file\"><a id=\"wp-block-file--media-c27410cd-db83-4597-a1bf-e29f65c334d0\" href=\"https:\/\/www.yakimawa.gov\/media\/news\/wp-content\/blogs.dir\/6\/files\/sites\/6\/2023-24-Budget-Approval-News-Release.pdf\">2023-24-Budget-Approval-News-Release<\/a><a href=\"https:\/\/www.yakimawa.gov\/media\/news\/wp-content\/blogs.dir\/6\/files\/sites\/6\/2023-24-Budget-Approval-News-Release.pdf\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-c27410cd-db83-4597-a1bf-e29f65c334d0\">Download<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Yakima City Council approved the City\u2019s 2023-24 biennial budget during its regular meeting last night, Tuesday, November 15th. The budget calls for $269,819,797 in total spending in 2023, including $73,349,628 for the General Fund. In 2024, the budget calls for $251,222,577 in total spending, including $75,106,942 for the General Fund. The 2023-24 budget: Final<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12556","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/www.yakimawa.gov\/media\/news\/wp-json\/wp\/v2\/posts\/12556","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.yakimawa.gov\/media\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.yakimawa.gov\/media\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.yakimawa.gov\/media\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.yakimawa.gov\/media\/news\/wp-json\/wp\/v2\/comments?post=12556"}],"version-history":[{"count":1,"href":"https:\/\/www.yakimawa.gov\/media\/news\/wp-json\/wp\/v2\/posts\/12556\/revisions"}],"predecessor-version":[{"id":12558,"href":"https:\/\/www.yakimawa.gov\/media\/news\/wp-json\/wp\/v2\/posts\/12556\/revisions\/12558"}],"wp:attachment":[{"href":"https:\/\/www.yakimawa.gov\/media\/news\/wp-json\/wp\/v2\/media?parent=12556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.yakimawa.gov\/media\/news\/wp-json\/wp\/v2\/categories?post=12556"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.yakimawa.gov\/media\/news\/wp-json\/wp\/v2\/tags?post=12556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}