FY 2024-2025 Final Adopted Budget

*(1(5$/ *29(510(17 6(59,&( $5($ 6800$5<

Budget Highlights:

7KH )< $GRSWHG %XGJHW LV GHFUHDVLQJ E\ $3,307,271, or -4.6% 7KH EXGJHW LQFOXGHV WKH HOLPLQDWLRQ RI RQH )7( $VVLVWDQW &LW\ 0DQDJHU SRVLWLRQ DQG RQH )7( ,QWHUJRYHUQPHQWDO 5HODWLRQV SRVLWLRQ DQG DGGV RQH ([HFXWLYH $GPLQLVWUDWLYH &RRUGLQDWRU LQ WKH &LW\ 0DQDJHU¶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

Made with FlippingBook - professional solution for displaying marketing and sales documents online