Updated budget balancing tool & childcare on tonight’s Assembly Finance Committee agenda
The City and Borough of Juneau Manager will present an updated budget strategy to the Assembly during tonight’s Assembly Finance Committee meeting, which starts at 5 p.m. Also on the agenda is a COVID-19 update, COVID-19 related childcare support, Economic Stabilization Task Force Recommendations, a capital improvement project update, and the FY21 Budget pending items list. Read the full agenda packet here.
In a memo to the Finance Committee, City Manager Rorie Watt lays out several budget assumptions and presents his revised budget strategy. CBJ faces a revenue shortfall of $34.5 million over the next 30 months. Members of the public are invited to try to balance the CBJ budget on this Excel spreadsheet. By charter, the Assembly is required to pass a budget by June 15.
Also on the agenda are recommendations for COVID-19 related childcare funding. Based on guidance from the Economic Stabilization Task Force, Deputy City Manager Mila Cosgrove is recommending the Finance Committee consider disbursing about $1 million of federal CARES Act to local childcare providers from June to December.
Also on the agenda is the Budget Pending List, which includes several items, from grants to local organizations to Marine Passenger Fee recommendations to budget reduction scenarios.