By Bob Burns | Fountain Hills Times
The Town Council has given its final approval to a $34 million budget for the upcoming 2020/21 fiscal year that begins on July 1.
The total approved taking in all funds is $33,901,492. The General Fund, or operating budget, proposal is $19,259,000. A $1.7 million undesignated contingency has been included in the General Fund to provide additional budget authority should there be revenue not currently anticipated due to the COVID-19 pandemic.
The $19.2 million operating budget shows an increase of 13 percent over the current year, however, it was noted that without the contingency the increase is about 3 percent.