Sparks City Council Approves 2013-14 General Fund Budget - KTVN Channel 2 - Reno Tahoe News Weather, Video -

Sparks City Council Approves 2013-14 General Fund Budget

Posted: Updated:

From the City of Sparks:

The Sparks City Council approved its fiscal year (FY) 2013-14 budget at Tuesday's special meeting.

The Sparks General Fund budget consists of $55.1 million in total spending for FY 2013-14, an increase of 3.2 percent from FY 2012-2013 current expectations, and requires no staff layoffs or service reductions at this time.  Presently, the City's workforce consists of 441 full time employees, a decrease of 30 percent from the peak of 2007.

The approved budget marks the first time in seven years that total revenues are expected to increase, a slight 1.5 percent from the current FY expectations.  There are no tax increases for Sparks residents.

Compared to the current FY 2012-2013, Property taxes are expected to remain flat in FY 2013-14, and City license & permit revenues are expected to increase by 3.3 percent.  Consolidated Taxes (primarily sales taxes) are expected to increase 2.5 percent in FY 2013-14.

"Our local economic conditions are stabilizing from the Great Recession, and this coming fiscal year marks the first time we expect to see an increase of revenues for the City's General Fund Budget in seven years," said Sparks City Manger Shaun Carey.  "However, expenses are also expected to increase.  The City team continues to work toward ways to become innovative and decrease costs while providing the public services our residents deserve."

From the City of Sparks

  • Today's Top StoriesMore>>

  • Aces Thump River Cats to Pull Even

    Aces Thump River Cats to Pull Even

    Friday, August 29 2014 3:11 AM EDT2014-08-29 07:11:56 GMT
    The Reno Aces jumped out to a second-inning 8-0 lead and went on to a 9-4 win over the Sacramento River Cats Thursday night at Raley Field. More >>
    The Reno Aces jumped out to a second-inning 8-0 lead and went on to a 9-4 win over the Sacramento River Cats Thursday night at Raley Field. More >>
  • Reno Police Shoot Robbery Suspect

    Reno Police Shoot Robbery Suspect

    Monday, September 1 2014 2:58 AM EDT2014-09-01 06:58:19 GMT
    Multiple agencies are investigating after an armed robbery suspect was shot and killed by police in front of a Reno casino Sunday evening. More >>
    Multiple agencies are investigating after an armed robbery suspect was shot and killed by police in front of a Reno casino Sunday evening. More >>
  • Aces Win to Force Winner Take All Game on Labor Day

    Aces Win to Force Winner Take All Game on Labor Day

    Monday, September 1 2014 2:09 AM EDT2014-09-01 06:09:23 GMT
    The Reno Aces used a pair of home runs and a dominant relief performance by Bo Schultz to grab a decisive 7-3 win over the Sacramento River Cats Sunday night at Raley Field.More >>
    The Reno Aces used a pair of home runs and a dominant relief performance by Bo Schultz to grab a decisive 7-3 win over the Sacramento River Cats Sunday night at Raley Field.
    More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and Sarkes Tarzian, Inc. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.