News Flash Home
The original item was published from 5/27/2020 9:14:15 AM to 5/27/2021 11:50:03 PM.

News Flash

Boulder City News and Information

Posted on: May 27, 2020

[ARCHIVED] City Council Approves Fiscal Year 2021 Budget

Budget Icon

BOULDER CITY – The City Council of Boulder City last night approved the Fiscal Year 2021 Budget.  The City staff revised the general fund budget in recent weeks to reflect the impacts of the COVID-19 Emergency, making major concessions compared to the initial budget presented to the public in March 2020.

The staff anticipates that C-Tax collections, property taxes, fines and forfeitures may drop as low as 40-percent from the pre-COVID-19 revenues. The Finance staff says the rents and royalties forecast should remain stable, as the City’s solar leases tend to be recession-resistant and should remain steady.  Approximately $6.5 million from the General Fund Balance will be used to balance the FY21 budget, but reserves remain well-within best accounting practices.

Staff cut the 2020 fiscal year budget starting in March in order to bolster the fund balance going into FY21. “Boulder City Department Directors tightened belts to prepare for an estimated $9.1 million loss of projected revenues, while avoiding an impact to the service levels we provide to our residents, businesses and visitors,” said City Manager Al Noyola. “Since March, staff has frozen filling of all vacant positions as they occur, decreased most discretionary spending, and frozen all non-essential training and travel. Vacant positions will remain frozen until FY22. I am proud of the tough work put in by this staff to make us lean while continuing to provide excellent customer service.”

“We are in uncertain times now and trying to forecast a budget is difficult to do when the impact of the pandemic is not fully known. I do know that I will work in cooperation with the other Council members and City staff to protect our community by keeping spending to essential services,” said Mayor Kiernan McManus.  “We are fortunate to be less dependent on the tourism industry that is suffering so much, and to have the stability of the investments in solar energy production. We will get through this together, Boulder City.” 

“Throughout the COVID-19 pandemic, the Boulder City Finance Department has provided up-to-the-minute information to the City Council and senior staff on the ever-changing financial implications of policy decisions happening on a state level,” said Diane Pelletier, Finance Director.  “This budget reflects the direction of the City under the current set of circumstances.  The Finance staff is committed to continuously monitoring the financial health of Boulder City throughout the crisis and changing course as needed to weather the storm until normal times return.” 


Facebook Twitter Email

Other News in Boulder City News and Information

Santas Electric Night Parade 2023

Missed Santa's Electric Night Parade?

Posted on: December 8, 2023
GFOA Triple Crown

Another Triple Crown for BC Finance

Posted on: December 7, 2023
Joe Hardy Boulder City Mayor Headshot 2022-2

Proclamation for Peace

Posted on: October 18, 2023
Fire Prevention Week photo of Sparky

Fire Prevention Week is October 8-14

Posted on: October 5, 2023
City Hall Spring 2020

Job Fair Scheduled for October 18

Posted on: September 6, 2023

Power Outage

Posted on: September 8, 2023
power outage

Power Restored

Posted on: August 28, 2023
Leash cutting 8.2023

New Dog Park Open to the Public

Posted on: August 1, 2023

Stay Informed during Hurricane Hilary

Posted on: August 19, 2023
Boulder City website redesign

Boulder City Website Gets a Makeover

Posted on: July 18, 2023
power outage

Power Restored

Posted on: July 25, 2023
Community Resources Meeting Flyer - 5.18.2023

Community Resource Program Launches

Posted on: April 26, 2023
Zane Grothe

Zane Grothe Returns to BC!

Posted on: March 28, 2023
Easter Egg Hunt

Easter Egg Hunt Returns!

Posted on: March 16, 2023
big clean 2023

The Big Clean is March 25

Posted on: February 27, 2023
City Hall Spring 2020

Boulder City ARPA Spending through 2022

Posted on: January 24, 2023
Helicopter Crash 12.27.22 WS

Hard Landing Sends Seven to Hospitals

Posted on: December 27, 2022

Fake 911 Call Leads to Short Lockdown

Posted on: December 7, 2022