FY 25-26 Final Adopted Budget
(QKDQFLQJ ,QIUDVWUXFWXUH 2XU FLW\¶V LQIUDVWUXFWXUH SURYLGHV D IRXQGDWLRQ IRU HYHU\ DVSHFW RI FRPPXQLW\ OLIH DQG ZH DUH FRPPLWWHG WR PDLQWDLQLQJ DQG PRGHUQL]LQJ LW ZLWK VWUDWHJ\ DQG VXVWDLQDELOLW\ 7KLV \HDU¶V LQYHVWPHQWV LQFOXGH WKH UHKDELOLWDWLRQ RI PLOHV RI ZDWHU PDLQV DQG PLOHV RI VHZHU OLQHV :H¶YH FRPPLWWHG PLOOLRQ WR VWRUPZDWHU LPSURYHPHQWV :H¶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¶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¶YH VHHQ FRQWLQXHG JURZWK LQ ERWK FRPPHUFLDO DQG UHVLGHQWLDO SHUPLWWLQJ DFWLYLW\ FOHDU VLJQV RI LQYHVWRU FRQILGHQFH DQG SRSXODWLRQ JURZWK ,Q UHVSRQVH WKLV \HDU¶V EXGJHW UHLQIRUFHV RXU FRPPLWPHQW WR PDQDJLQJ WKDW JURZWK VWUDWHJLFDOO\ ZLWK D IRFXV RQ KRXVLQJ LQIUDVWUXFWXUH DQG HTXLWDEOH HFRQRPLF RSSRUWXQLW\ :H DUH DGYDQFLQJ WKH ³5RDG WR ´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¶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¶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
$GRSWHG )< %XGJHW
9
Made with FlippingBook - Share PDF online