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  • AI Summarized - US Updates

    Petaluma's FY25 Budget Proposal Released: Key Projects and Increases Explained

    2024-05-11
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    The City of Petaluma released its Proposed Fiscal Year 2024-25 (FY25) Budget on May 6, 2024. The budget is now available for public review on the city's website and will be discussed by the City Council at a Budget Workshop on May 20, 2024. The proposed budget totals $312 million, a 9% increase from the previous year, with the General Fund increasing to $77.4 million, up 3.2%.

    The budget includes $57 million for the Capital Improvement Program (CIP), aiming for a $500 million investment over five years. This funding will support major infrastructure projects such as city street improvements, facility upgrades, and new constructions like a skate park at Lucchesi Park. It also covers necessary maintenance like dredging the Petaluma River and replacing water and sewer mains.

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