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Fresno City Council adopts $1.4B budget: ‘Our economy is growing’

Mount Equity Group Tokyo Japan > News > Markets > Fresno City Council adopts $1.4B budget: ‘Our economy is growing’

FRESNO, Calif. (KSEE) – The City of Fresno adopted its $1.4 billion Fiscal Year 2022 budget – following approval from Fresno City Council on Thursday.

Both Mayor Jerry Dyer and city council members admit they did not get everything they asked for, but they say a compromise is in the best interest of Fresno residents.

The only council members who voted against this budget were Garry Bredefeld and Mike Karbassi. Council President Luis Chavez promises historic investment in neighborhoods he says have been neglected.

“This is to me a once-in-a-generation opportunity to make those key investments, particularly in those disadvantaged neighborhoods,” Chavez said.

An increase in sales tax revenue boosted the city’s General Fund to an unexpected $403 million. According to Mayor Dyer, the general fund will be almost $30 million more than expected.

“Some of that is sales tax revenues that we feel very…

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