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The Most Significant Investments in the FY25 Budget

Thursday, July 18, 2024

Consolidated spending represents the total amount of expenditures across multiple departments related to specific goals. The City is committing $216 million of overall funding across housing and homelessness, early childhood, sustainability, Vision Zero / traffic safety, and anti-racism, equity, and inclusion.

  • Affordable Housing - $46.9M
  • Early Childhood - $38.6M
  • Climate Net Zero and Climate Resilience - $38M
  • Vision Zero and Traffic Safety - $33.2M
  • Homelessness/Housing Stability - $15.9M
  • Anti-Racism, Equity and Inclusion Training and Programs - $7.6M

Note: this does not include federal ARPA funding, which the City has prioritized toward community needs. Consolidated spending under “sustainability” includes climate net zero, climate resilience, open space, zero waste, and urban forestry.

A group of eleven people wearing hard hats and holding shovels participate in a groundbreaking ceremony at a construction site. They are standing on a gravel surface with a backdrop featuring construction fencing and a partially visible sign.
Local and state elected officials joined Just A Start at the start of construction for a new affordable housing development at 52 New Street.
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