BudgetFiscal Year 2022 Budget

May 16, 2020by Matt Fitterer0

A City’s budget represents it’s priorities. And it’s extremely important that as the BOMA sets our fiscal year 2021-2022 budget, we first hear from you on what’s important to you. An link to provide input into the 2021-2022 fiscal year budget is at the end of this page following an overview of the current budget.

 

Spring Hill’s  Fiscal Year 2021 budget focused on three essential services – Roads, Public Safety and Utility Services.

80% of all available funds are proposed to be spent towards these three essential services.

  • Roads – $27.7M
  • Water, Sewer and Sanitation – $20.3M
  • Public Safety – $12.7M
  • All Other – $15.4M

Spring Hill’s budget is composed of multiple funds. Many funds have restrictions on how fund monies can be spent. For example, Water and Sewer funds can only be spent on Water and Sewer operations and capital projects.

The General Fund is the most flexible of all funds. General Fund resources primarily come from property and sales taxes.

Property Tax – $12.7M

Sales Tax $8.9M

Beer and Liquor Tax – $0.9M

Building Permits – $0.9M

All Other $3.5M

 

The General Fund expenditures focuses on providing public safety, streets, parks and library services.

80% of your tax dollars are spent on Public Safety, Streets, Parks and Library services.

  • Public Safety Services – $12.7M
  • Transfers to Capital Projects – $4.6M
  • Streets & Public Works $2.8M
  • Parks and Recreation $1M
  • Library – $0.9M
  • All Other $4.8M

Now that you have a good idea of where Spring Hill has been for the current fiscal year, tell us where the BOMA needs to go for the next fiscal year. The below link will take you to a survey to help identify budget priorities for 2021-2022. Please share the link with your friends and neighbors.

 

https://docs.google.com/forms/d/e/1FAIpQLSc_wrmiNm3tDByLce7ZZybgwAaOcm4m4celJ16BDiogOsKGtw/viewform

 

 

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A City’s budget represents it’s priorities. And it’s extremely important that as the BOMA sets our fiscal year 2021-2022 budget, we first hear from you on what’s important to you. An link to provide input into the 2021-2022 fiscal year budget is at the end of this page following an overview of the current budget.

 

Spring Hill’s  Fiscal Year 2021 budget focused on three essential services – Roads, Public Safety and Utility Services.

80% of all available funds are proposed to be spent towards these three essential services.

  • Roads – $27.7M
  • Water, Sewer and Sanitation – $20.3M
  • Public Safety – $12.7M
  • All Other – $15.4M

Spring Hill’s budget is composed of multiple funds. Many funds have restrictions on how fund monies can be spent. For example, Water and Sewer funds can only be spent on Water and Sewer operations and capital projects.

The General Fund is the most flexible of all funds. General Fund resources primarily come from property and sales taxes.

Property Tax – $12.7M

Sales Tax $8.9M

Beer and Liquor Tax – $0.9M

Building Permits – $0.9M

All Other $3.5M

 

The General Fund expenditures focuses on providing public safety, streets, parks and library services.

80% of your tax dollars are spent on Public Safety, Streets, Parks and Library services.

  • Public Safety Services – $12.7M
  • Transfers to Capital Projects – $4.6M
  • Streets & Public Works $2.8M
  • Parks and Recreation $1M
  • Library – $0.9M
  • All Other $4.8M

Now that you have a good idea of where Spring Hill has been for the current fiscal year, tell us where the BOMA needs to go for the next fiscal year. The below link will take you to a survey to help identify budget priorities for 2021-2022. Please share the link with your friends and neighbors.

 

https://docs.google.com/forms/d/e/1FAIpQLSc_wrmiNm3tDByLce7ZZybgwAaOcm4m4celJ16BDiogOsKGtw/viewform