2009 Birmingham budget

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The 2009 Birmingham budget was released by the Mayor's office on May 20, 2008. It consists of two parts, an operating budget for the fiscal year (July 1, 2008 - June 30, 2009) and a capital projects budget for the next five years (2009-2013).

The presentation to the Birmingham City Council was made in the form of a video. The proposed budget contains $428.9 million of expenditures, an increase of 30.5% over the 2007-2008 budget drafted by former Mayor Bernard Kincaid. Much of the additional revenues to cover expenditures are generated by the increased sales taxes and business license fees approved in December 2007 as part of the Birmingham Economic and Community Revitalization Ordinance. The mayor's office predicts a 3.015% growth in revenues over the next year.

The council will have to approve the budget before it becomes official.

References

  • Bryant, Joseph D. (May 20, 2008) "Langford proposes $428.9 million budget for Birmingham." Birmingham News