City of Lake Forest recently issued the following announcement.
The City of Lake Forest Proposed Budget for Fiscal Year 2020 (May 1, 2019 through April 30, 2020) is now available for review on the City’s website. The Comprehensive Fiscal Plan includes the annual budget, five year capital improvement program (CIP), five year forecasts for major funds, personnel information such as the FY2020 pay plan and other financial information. The City Council will consider approval of the Comprehensive Fiscal Plan for FY2020 at its April 15, 2019 meeting.
The FY2020 Proposed Budget forecasts total City-wide revenues of $90.47 million and expenditures of $88.7 million. The proposed expenditures represent a $1.065 million decrease (-1.19%) compared to FY19 estimated actual expenditures, primarily due to decreased capital expenses.
The March 11, 2019 Budget workshop presentation is also available on the City’s web site. Both can be found at here.
Questions may be directed to Finance Director Elizabeth Holleb at 847-810-3612.
Original source can be found here.
Source: City of Lake Forest
Alerts Sign-up