Fiscal 2020 Preliminary Budget Introduced to Board of Estimates

The Fiscal 2020 Preliminary Budget Plan recommended by the Director of Finance represents another major step in Mayor Pugh’s vision for moving Baltimore forward. The Preliminary Budget totals $3.5 billion across all funding sources, including $2.9 billion for operating expenses and $634 million for capital investment. The General Fund budget totals $1.9 billion, a 3.2% increase from the Fiscal 2019 Adopted Budget.

The Fiscal 2020 Plan includes new funding for an ambitious Community Development Plan, as well as funding to begin delivery of the City’s Information Technology (IT) modernization plan.  On the Public Safety side, the Police budget includes investments in technology and equipment, the professionalization of critical administrative functions, and savings from a more efficient Patrol schedule.  These key changes are the first step to modernizing the Police Department and beginning a path to compliance with the federal consent decree. 

In addition to new investments, the Plan maintains core City services, completes a three-year commitment to City Schools, and reaches a significant milestone in the City’s property tax reduction efforts.  This year the City will meet its 20 cents by 2020 goal, which has reduced the effective property tax rate for owner-occupied properties by 8.9% versus 2012, saving the average taxpayer over $300 annually.

View the Fiscal 2020 Preliminary Budget Plan here.

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Baltimore is brimming with young professionals, and in addition to having one of the fastest growing downtowns, it has many neighborhoods with wonderful food, art, and culture.  As an added bonus,