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Budget Public Hearing Legal Notice FY2022 2023

LEGAL NOTICE

CITY COUNCIL OF THE CITY OF YONKERS

 PUBLIC HEARINGS

 2022/2023 PROPOSED BUDGET

I, Lakisha Collins-Bellamy, City Council President of the City of Yonkers, do hereby call a public hearing on the proposed 2022/2023 City of Yonkers Capital Budget as follows: 

Monday, May 9, 2022City Council ChambersCity Hall– 4th Floor40 South Broadway Yonkers, New York
7:00 p.m.
Monday, May 23, 2022AuditoriumSaunders High School183 Palmer RoadYonkers, NY 10701
7:00 p.m.

Anyone wishing to speak may sign up on the day of the hearing at the hearing site. Each speaker shall be permitted three minutes and speakers shall be called in the order in which they have signed up.

LAKISHA COLLINS-BELLAMY, CITY COUNCIL PRESIDENT

April 27, 2022

City of Yonkers
Summary of FY22-23 Executive Budget

Revenues
Property Taxes: $402,154,152
Special Taxes: $223,119,587
State and Federal Funding: $152,446,512
City Departments: $45,237,847
Other Revenues: $46,090,580
Appropriated Fund Balance (General): $38,923,051

Total Revenues Sub-Total: $907,971,729

Library Fund: $1,329,500
Water Fund: $51,167,871
Sewer Fund: $11,926,045
Board of Education: $395,716,128

Total Revenues: $1,368,111,273

Expenditures
City Departments: $366,291,535
Fringe Benefits: $183,266,060
Special Items: $81,589,677
Board of Education: $650,758,645 
Total Operating Expenditures: $1,281,905,917
Debt Service: $86,205,356

Total Expenditures: $1,368,111,273

Revenues vs. Expenditures: -0- 

Property Tax Levy
Board of Education Property Tax Levy: $264,379,050 
City Property Tax Levy: $137,775,102
Total Property Tax Levy: $402,154,152 

Property Tax Rate per $1000 of Assessed Valuation (AV) 
Board of Education Tax Rate: $574.57 per $1,000 AV 
City Tax Rate: $299.72 per $1,000 AV 
Tax Rate: $874.29 per $1,000 AV 

Capital Budget
City Total: $56,161,639
Board of Education Total: $30,000,000
Total: $86,161,639 

The FY23 Executive Budget is available for review by the public at:
The Office of the City Clerk, City Hall, 40 S. Broadway, Yonkers NY 10701
https://www.yonkersny.gov/home/showpublisheddocument/32080

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