Ohio Pen - Columbus: Mayor Ginther Releases Proposed 2024 General Fund Budget

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~ Mayor Andrew J. Ginther has proposed the largest-ever General Fund budget in city history, totaling $1.19 billion for programs, services and priorities benefiting Columbus residents and neighborhoods. The budget is aimed at mitigating the financial fallout of the pandemic and further bolstering the city's Rainy Day Fund.

"The investments we are announcing today will further strengthen Columbus neighborhoods while lifting up our fellow neighbors who've been left out and left behind by the Columbus success story," said Mayor Ginther. "We are in a special moment in our city's history, and by making the right decisions now, we will ensure a better quality of life for all our residents and build an economic juggernaut for future generations."

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The proposed budget includes $753 million for neighborhood safety, including three new Police and Fire recruit classes which will add up to 150 new officers and 10 lateral transfers to the Division of Police as well as 150 new firefighters. Additionally, $19.2 million has been allocated to continue expanding affordable housing options across Columbus, $21 million for summer, after-school and jobs-readiness programming to keep Columbus youth safe, active and engaged, and $10 million in Human Services Grants for 112 social services organizations that provide support for vulnerable residents and neighborhoods. The expected balance of the city's Rainy Day Fund by the end of 2024 is estimated at $101 million.

In accordance with City Charter requirements, Mayor Ginther presented a balanced budget to City Council on Nov 15th annually. City Council will begin budget deliberations including public hearings with an expected approval of an amended budget in early 2024.

Filed Under: Government, City

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