Mayor's recommended budget for Fiscal Year 2024-2025
- $1.1 billion dollar budget
- Recommended budget invests in people and priorities
- No new taxes proposed in the budget
- New listing of Long-term plan for capital projects
General
- Projected revenues are up about four percent
- Capital Investments:
- $15 million for the Belvedere
- $1 million for Waterfront Botanical Gardens’ Japanese Garden
- $1 million for the Kentucky College of Art and Design
- $32 million total for Affordable Housing
- Bonded $15 million to AHTF
Public Safety
- Overall, 8.5 percent increase to LMPD budget for new contract
- $375k set aside for consent decree Independent Monitor
- Future investments in fire departments - two old firehouses need replacing.
- This year, Fire - $800k for general repairs, and $250 for tech search and rescue gear.
- $238,000 to Dosker Manor for urgent needs like pest control.
- $5 million for Early Childhood Education - Thrive By 5
Quality of Life Investments
- $22 million for Street Paving
- $40+ million in total Public Works investments like guardrail replacement and traffic calming
- New Park Ranger program
- A new Economic Development Authority - budget provides some initial funding for the creation of the Authority.
Read more information on the budget and budget hearings.
 Louisville Metro Council recognized Teddy Abrams at last night's Metro Council meeting with a proclamation. Congratulations Maestro!
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