On Monday, December 9, 2019, Cuyahoga Falls City Council unanimously passed the City Budget for expenses and capital expenses for the 2020 fiscal year.
“The unanimous passage of the 2020 budget will allow for my administration to continue providing exceptional services to our residents,” stated Mayor Don Walters. “This budget has an intentional focus on upgrading and replacing infrastructure throughout the city; water lines, electric system components, and storm sewers. The $2.75 million in street paving is the highest amount ever spent in the history of the city.”
“I am proud to work with an Administration that continues to move the City forward,” said Finance Director Bryan Hoffman. “We strive to provide Council with a comprehensive look at our city finances and I thank Council for their unanimous passage of the 2020 budget.”
The 2020 budget, once again, prioritizes infrastructure. An additional half a million dollars is being added for asphalt street paving to bring the total to $2.75 million and a total of $500,000 for concrete street repairs. The city's aging infrastructure will also get a boost. The budget includes a more consistent water line replacement schedule, numerous storm water projects, and electric infrastructure upgrades such as the construction of a second delivery point for power into the city. The completion of the new Fire Station 3 on Portage Trail will provide a state-of-the-art facility for our first responders. The budget also provides necessary improvements for the relocation of 100 jobs that the Summit County Developmental Disabilities Board will bring to the city in 2020. The city is making substantial investments in many park improvements. One notable project is the renovation of Lions Park Lodge.
The overall anticipated expenses for 2020 are roughly $182,309,154. General Fund revenues are forecasted to be around $35,045,009, with General Fund expenses budgeted at $36,292,967. Anticipated carryover in the general fund is $5,530,722 and all appropriated funds at $35,461,072.