LEGAL NOTICE
CITY COUNCIL OF THE CITY OF YONKERS
PUBLIC HEARINGS
2020/2021 PROPOSED BUDGET
I, Mike Khader, City Council President of the City of Yonkers, do hereby call a public hearing on the proposed 2020/21 City of Yonkers Capital, Operating and Grant Budgets as follows:
Electronically Remote Due to COVID-19 Pandemic
This meeting is being conducted in accordance with executive order 202.1
Thursday, May 14, 2020 & Tuesday, May 19, 2020
7:00 p.m. 7:00pm
Please be advised that this meeting will be held “remotely” due to the COVID-19 Pandemic and will be available to the public on the following platforms:
TV
Optimum Channel 78
Verizon Channel 39
City of Yonkers Website
Facebook Live
“The City of Yonkers”
Anyone wishing to comment may use the following methods:
IF YOU WISH TO SEND VIA MAIL Via E-mail
City Clerk’s office City’s Clerk’s office at
40 South Broadway Suite107 cityclerk@yonkersny.gov
Yonkers, NY 10701
Or Call 914-327-1846.
Comments will be received until noon the day of the Public Hearing.
MIKE KHADER
CITY COUNCIL PRESIDENT
Dated: May 6, 2020
City of Yonkers
Summary of FY20-21 Executive Budget
Revenues
Property Taxes: $393,732,589
Special Taxes: $181,364,568
State and Federal Funding: $108,778,272
City Departments: $43,109,969
Other Revenues: $46,281,692
Appropriated Fund Balance (General): $33,021,887
Total Revenues Sub-Total: $806,288,977
Library Fund: $555,952
Water Fund: $47,354,804
Sewer Fund: $11,219,832
Board of Education: $371,605,457
Total Revenues: $1,237,025,022
Expenditures
City Departments: $336,564,807
Fringe Benefits: $174,707,395
Special Items: $30,285,925
Board of Education: $613,238,420
Total Operating Expenditures: $1,154,796,547
Debt Service: $82,228,475
Total Expenditures: $1,237,025,022
Revenues vs. Expenditures: -0-
Property Tax Levy
Board of Education Property Tax Levy: $251,001,891
City Property Tax Levy: $142,730,698
Total Property Tax Levy: $393,732,589
Property Tax Rate per $1000 of Assessed Valuation (AV)
Board of Education Tax Rate: $545.70 per $1,000 AV
City Tax Rate: $310.63 per $1,000 AV
Tax Rate: $856.33 per $1,000 AV
Capital Budget
City Total: $29,465,119
Board of Education Total: $34,300,000
Total: $63,765,119
The FY21 Executive Budget is available for review by the public at:
The Office of the City Clerk, City Hall, 40 S. Broadway, Yonkers NY 10701
