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In December 2016, the Mayor and Board of Trustees approved the budget for the fiscal year 2017, which runs from January until December. The approval of this budget guarantees that 2017 will be an exciting year for the Town of Frederick. There will be no reduction in the services that are delivered to the community. While appropriations of the budget call for use of unreserved fund balances (savings), the Town anticipates over $20 million in unreserved funds across all fund types at the end of the 2017 fiscal year. All the while, the Town continues to enjoy a AA rating from Standard & Poor’s, the world’s leading provider of credit ratings. Here are some of the highlights of the 2017 budget.
Neighborhood and Community Enhancements
Transportation Infrastructure- Roadway Improvements
This is certainly not everything that is included in the budget, but just some of the items you will see throughout the 2017 calendar year. If you have questions or comments, please let us know. Some of the best ideas and outcomes are directly from your feedback. This shared approach is critical for the community’s success.To learn more about the budget process, check out this video: