Mayor's recommended budget FY22
Buoyed by a local economy showing signs of recovery, as well as the promise of federal funding to push that recovery further, Mayor Greg Fischer today presented a bullish $986 million budget for the upcoming Fiscal Year 2022.
In his 11th annual budget address to Metro Council, the Mayor focused on accelerating the city’s economic recovery with a greater focus on equity, reimagining public safety and expanding youth development efforts.
- Funds the new Civilian Review and Accountability Board and Office of Inspector General and efforts to diversify hiring in public safety agencies. It also quadruples the city’s investment in violence prevention and capacity-building programs, from $5 million to $19 million, presenting a new “whole of government” approach to public safety. That includes nearly $5 million in new deflection and diversion programs, “because some situations should have a social service response, rather than law enforcement, particularly when dealing with people who are struggling with homelessness, mental health challenges or substance use,” the Mayor said.
- Funds multiple initiatives to reimagine public safety. LEARN MORE.
- Invests $2.7 million in Small Business Assistance, $1.5 million in the METCO loan program, and $350,000 in the Future of Work Initiative with Microsoft.
- Provides the first $5 million in seed funding for the new West End Louisville Partnership, and, if $10 million is raised from private sources, Metro will provide up to an additional $5 million on June 30, 2022, to trigger a state match of $10 million. The Partnership is a 20-year Tax Increment Financing District that will allow West Louisville residents to control a new source of funding for neighborhood projects.
- Invests $10 million in the Affordable Housing Trust Fund and $3 million in down payment assistance, to help address income and wealth gaps between majority and minority communities by helping more Louisville families become homeowners.
- Invests $5.9 million in housing and support services, including External Agency and Emergency Solutions Grant funds. It also invests around $1 million to house homeless people struggling with AIDS, and another $200,000 for Housing Connection funding to Neighborhood Place for helping our homeless. That’s on top of the $1.7 million directed toward Homeless and Housing Services as part of the midyear budget adjustment in January, and $11 million from the U.S. Department of Housing and Urban Development’s HOME Investment Partnerships Program that the city will use to create even more affordable housing options and services for people who are homeless or at risk.
- Invests $3 million for Evolve502, and $1 million for SummerWorks, which, along with the Future of Work initiative, are meant to provide “more pathways to opportunity, especially for our youth, who are coming of age at a time of more rapid global, technological and societal change than any generation in human history.”
- Invests $20 million in paving, $2 million for sidewalk repairs, and funds to expand efforts like Clean Collaborative, which is helping revitalize city roadways and neighborhoods, along with graffiti removal and in the upkeep of vacant lots.
- Louisville Free Public Library will stop collecting fines for overdue books and materials, citing research that shows young people and communities of color are hurt the most by the fines, left unable to utilize a critical resource.