05/07/2024 | Press release | Distributed by Public on 05/07/2024 20:20
May 7, 2024
Mayor Erin Mendenhall's Fiscal Year 2025 recommended budget, presented to the Salt Lake City Council on Tuesday, focused on investments supporting residents' quality of life and critical infrastructure in the growing capital city, which is forging a pathway to opportunities that will benefit generations of families.
The FY 2025 Budget will responsibly further key priorities the Mayor announced during her 2024 State of the City address, including managing the Green Loop and Main Street pedestrian promenade projects, as well as and a more community-oriented Sports, Entertainment, Culture and Convention district downtown.
"All of these projects are interconnected, and at their core, are about creating new public benefits for residents and families to enjoy and be proud of," said Mayor Mendenhall. "We are leveling up as a City, and any one of these initiatives by themselves would breathe new life into our urban core, bolstering our ability to address critical needs in our communities."
The $475,245,078 million general fund budget addresses foundational livability and resiliency needs without a major tax increase, including affordable housing, public safety, open space, and more resources for vulnerable communities. The Mayor's proposed investments champion families, including a $57,000 annual commitment to discount rental fees for youth sports programs.
Budget highlights
You can read the English transcript of the Mayor's speech here and the Spanish transcript of the Mayor's speech here.
Tags: affordable housing, Downtown, Fiscal Year 2025 Budget, Green Loop, Justice Court, Mayor Erin Mendenhall, Medical Response Paramedic team, Public Art, public safety, Rapid Intervention Team, Redevelopment Agency of Salt Lake City (RDA), Salt Lake City Council, Salt Lake City Mayor Erin Mendenhall, sports entertainment culture and convention district, UTA