The City of Eugene released the City Manager’s proposed fiscal year 2020 (FY20) budget on Friday. The City Manager will present the FY20 Proposed Budget to the Eugene Budget Committee on Wednesday, April 24 at 5:30 p.m. in the Eugene Public Library’s Bascom-Tykeson Room. A live and recorded webcast of the presentation will be available.
The FY20 Proposed Budget is available online at and at the budget visualization website, Open Budget, which allows everyone to view the city budget to see how public funds are put to work. The Open Budget website translates the budget into charts, graphs, and images that are attractive, navigable, and easy to understand.
“In this year’s proposed budget, you will see investments that respond to the needs of the community and fulfill the promises that have been made,” said Jon Ruiz, City Manager. “The FY20 Proposed Budget also maintains a responsible savings account while keeping increases in operating expenses to a minimum. We continue to diligently plan for future costs and monitor uncertainties that could impact our General Fund.”
Current projections for the General Fund predict a stable budget through June 2021. While there is still some uncertainty regarding potential future impacts, the City’s savings account remains well above our target and the budget continues the approach of living within our means and using one-time revenues to pay for one-time expenditures. In addition, the FY20 Proposed Budget includes several ongoing strategies that will save $1.5 million in annual operations costs.
Overall the FY20 Proposed Budget reflects a 9.5% increase of the FY19 Adopted Budget, after adjusting for prior year carryover. Of this increase, operating costs are going up by only 2.9% while the capital budget is increasing by almost 17% due to projects slated to begin in the fiscal year.
The budget includes one-time funding for several initiatives, including those that will impact the safety and livability of the community. Some of these projects include:
While FY20 is another stable budget year, there is some uncertainty around certain revenues, especially payments related to right-of-way use pending Federal Communications Commission rules and the outcomes of litigation, and what type of long-term funding is recommended for continued community safety efforts. The City does currently project some gaps beginning in FY22 due to anticipated increases to PERS rates and will continue to assess how to approach those costs.
The Budget Committee and City Council will consider the FY20 Proposed Budget at the following meetings:
All the above meetings will be held in the Eugene Downtown Public Library Bascom-Tykeson Room, 100 West 10th Avenue.