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Commissioners Introduce Ordinance to Adopt Budget
By West Kentucky Star Staff
PADUCAH - The Paducah Board of Commissioners introduced an ordinance Tuesday evening to adopt the Fiscal Year 2019-2020 City of Paducah Budget, a balanced budget. 

The City’s fiscal year runs from July 1, 2019 through June 30, 2020. The ordinance will be voted on at the June 25th meeting.
 
A majority of the operating expenses for the City of Paducah are funded through the General Fund which is outlined to have $35,973,950 in expenditures during the upcoming fiscal year. This is a 1.8 percent increase as compared to Fiscal Year 2018-2019’s General Fund expenditures of $35,343,845. The budget ordinance also outlines the City’s 22 funds which cover operations, capital outlays, and the State-mandated 12 percent increase in pension contributions.
 
The Fiscal Year 2019-2020 Budget Book will be placed on the City of Paducah website within the next few weeks. To view the current year’s budget and budget information dating back to 2005, visit http://paducahky.gov/city-budget.
 
In other business, the board approved an ordinance moving $80,000 from the General Fund Reserve to the Bob Leeper Bridge Project. They also introduced ordinances amending the Floodwall Project, two ordinances relating to subleases by Seamen's Church Institute, and an ordinance related to the Small Purchase Plan. These ordinances will also be voted on at the June 25th meeting.

They also approved four municipal orders. These orders deal with the sale of surplus city-owned property, a Community Development Block Grant application, an amendment to the Kresge Demolition Project, and the Household Hazardous Waste Grant.

Published 09:35 PM, Tuesday Jun. 11, 2019
Updated 05:55 AM, Thursday Jun. 13, 2019

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