407 billion. The accompanying property tax rate is expected to generate nearly 8% more revenue for maintenance and operations compared to last year. 54 annual rise in city taxes for a $100,000 home.

The budget increase is driven by factors including loss of property tax revenue and rising public safety costs. Further details on the proposed budget, including breakdowns of expenses and revenue sources, are available from the source. The largest expense is expected to be public safety, with police and fire services allocated over $371 million.