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Balanced budget, investments in transit and no tax increase highlight Asheville’s 2019-2020 budget

  Construction of a new Fire Station 13, and more than $1 million in funding towards the first-year recommendations of the Transit Master Plan are included in the Fiscal Year 2019-2020 Annual Operating Budget adopted by Asheville City Council during their June 11 meeting.   By law, Council must pass a balanced budget in advance of the fiscal [...]

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City of Asheville’s proposed Fiscal Year 2019-2020 Annual Operating Budget posted online

    The City of Asheville’s proposed Fiscal Year 2019-2020 Annual Operating Budget is now posted online at this link. It’s available for everyone to review!   The budget was presented to City Council during their May 14 meeting, 5 p.m. in Council Chambers, second floor of City Hall. Find the proposed budget presentation to Council [...]

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 City Council passes modest Fees & Charges changes for FY 2019-2020

  At a glance                     On April 9, Asheville City Council adopted its Fees & Charges for FY 2019-2020.                     Fee increases are aimed at cost recovery to lessen the burden on property tax payers.                     There will be a modest increase to water and stormwater fees. Impact per the average household will be 70 cents a month or $8.40 for [...]

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Asheville budget worksessions, adoption schedule announced

It’s budget season for the City of Asheville. From March through June, City Council will work with City staff to review budget options, aligning Council priorities with available funding.   The City’s operating budget must be passed by July 1. That’s because the City runs on a fiscal year of July through June. By law, it must be a balanced budget — [...]

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City Council approves measure to control property tax collection costs

Controlling costs is not only smart for your budget, it’s also a fiscally responsible practice when it comes to managing taxpayer dollars.   A new agreement between Asheville and Buncombe County authorized by Asheville City Council during its Jan. 8 meeting reorders a property tax collection agreement. This change will help the City better plan for the [...]

Moody’s upgrades Asheville Water Resources debt rating — and it’s a big deal

  Once again, sound management of City assets has translated into a money-saving financial rating. That’s good news for the City and its residents.   The City of Asheville’s Water Resources Fund has received a debt rating upgrade! On September 4, the City learned that Moody’s Investor Services formally upgraded the debt rating for Water Resources from Aa2 [...]

Asheville City Council wraps up budget negotiations, paving way for adoption

  Budget discussions for Fiscal Year 2018-19 have been ongoing since early fall, 2017, as staff worked with the community and City Council to move key initiatives forward.   By state law, the City of Asheville must pass a balanced budget by July 1 each year. In every budget year, getting  there entails conversations between staff, Council and [...]

Asheville’s larger development fees to rise, tennis center passes lowered

    City Council passes fee adjustments for the 2018-2019 fiscal year     With spring comes birds singing, longer days and — the City of Asheville budget season. Prior to adopting the 2018-2019 budget in June for the fiscal year, each April Council passes its fee adjustments. On April 10, City Council adopted its Fees & Charges for FY 2018-2019.     How [...]

Asheville City Council to hold March 29 called meeting for closed session

  Asheville City Council will hold a special called meeting at 4:30 p.m. Thursday, March 29, to go into closed session. During this session, Council will consult with the City Attorney and consider personnel matters.  Please find the meeting notice below. Contact City Clerk Maggie Burleson at MBurleson@ashevillenc.gov with questions.   The Asheville City Council Finance Committee will [...]