HUTCHINSON, Kan. — The City of Hutchinson will be collecting more actual dollars in taxes for its 2024 budget than it did in 2023. Exceeding the Revenue Neutral Rate was approved by the City Council on July 18.
The Hutchinson City Council approved the budget at the council meeting on Tuesday.
In 2023, the mill levy was 41.555. The official budget is at 40.326 and the Revenue Neutral Rate is 39.104.
That is the ceiling for the city's budget. They can always spend less and do so almost every year, but they can't spend more than what they said in their budget publication from mill levy dollars.
The City budget also includes the Hutchinson Recreation Commission (HRC) budget with a proposed 2024 mill levy rate of 3.613, which exceeds their revenue neutral rate.The HRC has held their required public hearings.
The council has left the potential for the first year of a two year turf project at Hobart-Detter and Fun Valley in the budget without deciding one way or the other on whether they will go forward, as they have not heard back yet on cost share from USD 308. The city also left their allocation to the chamber the same for now and decided not to fund HEELO Inc's request for Juneteenth.
On the state form, any projected 2024 ending cash balances are included in the expenditures to allow budget authority to spend the balance. This helps prevent budget amendments in the case of unexpected expenditures.
The city's 2024 budget authority including recreation is $ 108,790,336 on taxes levied of $15,898,861.
The budget was approved unanimously by the four council members in attendance. Stuart Conklin was not present on Tuesday.
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