2020-2021 Approved Executive and Detail Budgets
(July 1, 2020 through June 30, 2021)
Mayor Greg Fischer’s recommended Louisville Metro Government budget for Fiscal Year 2020-2021 was approved by Metro Council June 25, 2020 and went into effect July 1, 2020. The budget includes $613 million in General Fund and $1 billion overall (which includes $113 million federal funding from the Coronavirus Aid, Relief, and Economic Security (CARES) Act and $128 million in Capital funding and Debt Service). This budget is the 10th and, in many ways, most difficult budget that he’s had to present as our city, commonwealth, country, and planet struggle with the devastating COVID-19 pandemic.
This budget includes investments in areas such as street paving, sidewalk repair, technology upgrades, a Louisville community grocery, and affordable housing. In response to the COVID-19 pandemic, federal CARES Act funding was used to develop a small business loan program to provide grant assistance to eligible small businesses to prevent business closures, establish an eviction prevention program to keep residents in their homes, and fund COVID-19 testing, tracing, monitoring and response.
Still, while there are obvious financial uncertainties, we maintain our focus as a government on our No. 1 job: to protect and promote our residents’ health and safety while building a future of opportunity and prosperity for every person in every corner of our city. We also know that we are rooted in a connected community that cares for each other through selfless acts of bravery, from our first responders to our health providers to our grocery clerks. We have seen an outpouring of support from thousands of people who have donated to the One Louisville COVID-19 Response Fund to help our neighbors in need and the organizations who serve them.
We will get through this pandemic together, and we will come out stronger and more bonded to each other. This budget is the fiscal starting point to the important decisions we need to make to advance our values and our community.
Please note that the Fiscal Year 2020-2021 Approved Executive Budget has been updated as of 9/16/2020 to reflect two additional pages (pages 56 and 57).
All Approved Budgets