The City of Tuscaloosa is one of the most financially strong local governments in the nation. Our financial strength is the foundation of the growth in Tuscaloosa, even as the nation is experiencing inflation and an uncertain economic outlook.
Tuscaloosa has always been a great place to live. But now we are on the cusp of, in the words of Mrs. Terry Saban, “becoming elite.” The commitments made to future generations are our guidepost and this budget is our plan to deliver on those promises. Below are the major highlights of how the administration proposes to accomplish this through the FY 2023 operating and capital budgets:
- The general fund is balanced with revenues and expenses totaling $175,289,156.
- The general fund includes a full year of the implemented police and fire pay plan as well as makes investments towards converting the current Police and Fire Pension to Retirement Systems of Alabama.
- The water & sewer fund includes $60,984,046 in revenues and $64,483,984 in expenses.
- In partnership with the Saban family, CHOM, and Tuscaloosa Children’s Theater, Elevate Tuscaloosa is moving forward with the Saban Center, which will be a 75,000 square-foot immersive STEAM learning center. In addition, an adjoining 72,000 square-foot event center will be included in the overall master plan for the site.
- In order to keep the City’s fleet in good working condition to allow crews and officers alike to provide the elite customer service dictated by our core beliefs, total funds proposed for equipment investment is $8,037,054.
- A ten-year capital plan for the water & sewer fund will implement a significant investment in our infrastructure totaling $297,090,076 by fiscal year 2031. These investments will ensure clean drinking water, provide the infrastructure for businesses and industries and expand the opportunities for homebuilding across the City.
You can find my full budget presentation on this page. If you have any questions, don’t hesitate to email me at firstname.lastname@example.org.