FINAL ADOPTED BUDGET 2020-2021

Design plans and property acquisition are nearly complete for the $7.5 million Summit Avenue Streetscape project, which will enhancement Summit Avenue from Brenner Place to Sullivan Street and Yanceyville Street from Summit Avenue to East Lindsay Street. This project is projected to begin construction in the Fall of 2021. The successful 2016 bond referendum included $34.5 million for capital improvements to, and expansion of, Parks & Recreation facilities. Bond projects that are currently underway or in the planning phase include various improvements to the City s regional, community, and neighborhood parks (e.g., Barber, Keeley, Hester, Griffin Peeler, Brightwood, Lake Daniel) the completion of the Gateway Gardens Visitors Center improvements to community recreation centers (e.g., Glenwood, Peeler, Lewis, Trotter), the addition of the City s first outdoor pickleball courts at Smith Active Adult Center, and citywide tennis court improvements. In addition, planning for a new, state of the art joint community services facility to replace Windsor Recreation Center and Vance Chavis Library began and phased development of the Battleground Parks District featuring Country Park, the Greensboro Science Center, and nearby attractions continues. The 2016 bond referendum included $28 million for transportation enhancements, including $18 million for enhanced roadway resurfacing. $11 million of these funds have already resulted in about 103 lane miles of resurfaced streets. The referendum included $4.5 million for new transit buses, $5 million for new sidewalk and intersection improvements, and $500,000 for renovations to the Galyon Depot. Planning and design for these projects are underway, with completion expected by FY 2023.In 2016, the voters approved $25 million in Housing Bonds to support the development and repair of an estimated 1,007 housing units and to leverage approximately $54 million from other funds. To date, $5.3 million in Housing Bond funds have been committed to 592 units with over $85 million in anticipated leveraged funds. Housing Bond funds are supporting new homebuyers, assisting homeowners in need of repairs, providing supportive housing for the homeless and disabled, and developing and rehabilitating affordable multi family housing units. Voters also approved $25 million in Housing Bonds to support the development and repair of an estimated 1,007 housing units and to leverage approximately $54 million from other funds. To date, $9.13 million in Housing Bond funds have been committed to 917 units with over $100 million in anticipated leveraged funds. Housing Bond funds are supporting new homebuyers, assisting homeowners in need of repairs, providing supportive housing for the homeless and disabled, and developing and rehabilitating affordable multi family housing units. The City continues to plan and implement a variety of water system improvements and maintenance efforts using both debt financing and pay as you go (cash) capital financing. The proposed CIP includes $540 million in water and sewer infrastructure projects, nearly 49% of the total capital improvements plan. Water and sewer utility improvements include a forcemain and gravity sewer relocation project at Hilltop Lift Station, major electrical improvements at the Mitchell Pumping Station and system wide sanitary sewer and water line rehabilitation. The recommended budget maintains all current water and sewer rates. Cost saving measures and corresponding budget reductions were made to offset reduced revenues from decreased water demand during the Governor s Stay at Home Order. Projected rate increases will be delayed to future years. The City maintains the second lowest water rates in the state. Achieve exceptional customer service, a diverse workforce and ensure fiscal stewardship, transparency and accountability. The recommended budget continues the organizations commitment to provide a competitive overall compensation and benefits package. The City invests in the health and well being of our employees through funding free annual preventative health screenings, free participation in the City s diabetes management plan, low cost, on the job medical appointments, a recently expanded leave program for caregivers and parents with six weeks of paid leave, and a variety of other paid leave benefits. The budget continues a variety of employee development initiatives, including MentorMe (employee to employee mentoring program), Toastmasters, and development programs, such as Leadership Edge and Leadership Prime, designed for employees wishing to pursue supervisory roles in the organization.

Adopt ed 2020-21 Budget

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