Title
ADOPTION OF THE 2017 SEDGWICK COUNTY BUDGET AND THE CAPITAL IMPROVEMENT PROGRAM.
Presented by: Mike Scholes, County Manager.
RECOMMENDED ACTION: Adopt the Resolution for the 2017 Sedgwick County Operating Budget and the Capital Improvement Program.
PUBLIC COMMENT
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Sedgwick County held two public hearings on July 27 and August 4 regarding the 2017 Recommended Sedgwick County operating budget of $406,091,994. The proposed budget includes a $133,201,437 property tax levy, which is approximately equivalent to a property tax rate, expressed in mills, of 29.359 mills.
Sedgwick County's five-year Capital Improvement Program (CIP) includes the building, remodeling, and repairing of public facilities and infrastructure. Funding for the 2017 capital budget of $64,935,564 includes $6,047,897 for facilities and drainage projects and $58,887,667 for road and bridge projects. The CIP also includes a rigorous inspection and maintenance program of County infrastructure that protects investments in existing roads, bridges, and drainage structures.
Detailed budget information is available at the Sedgwick County Budget Office and through the County's website at www.sedgwickcounty.org.
Alternatives: N/A
Financial Considerations: The 2017 Recommended Budget includes appropriations of $406,091,994, which are funded in part with a property tax levy of $133,201,437. The property tax requires an estimated tax rate, expressed in mills, of 29.359 mills, based on the estimated assessed valuation.
The spending plan for the 2017 capital budget totals $64,935,564, funded with $26,099,564 of County cash and $38,836,000 from other funding sources, including State and Federal funding.
Legal Considerations: Action required by K.S.A. 79-2925, et seq. Approval is by simple majority vote.
Policy Considerations: N/A
Outside Attendees: N/A
Multimedia Presentation: N/A