City Unanimously Passes Budget for Fiscal Year ‘23
Thursday Jun 23rd, 2022
FOR IMMEDIATE RELEASE
Scott Administration Secures Passage Through City Council
BALTIMORE, MD. (Thursday, June 23, 2022) - Today, the Baltimore City Council announced the passage of the City of Baltimore’s Fiscal Year ‘23 budget. The City’s budget for FY ‘23 totals $4.11 billion, including $3.32 billion for operating expenses and $792.6 million for capital investment. The General Fund budget totals $2.147 billion, an 8.0% increase from the Fiscal 2022 Adopted Budget.
The Fiscal 2023 budget reflects the Scott Administration’s key priorities outlined in the Mayor’s Action Plan. It includes a groundbreaking $57 million increase to the City’s investment in City Schools as part of the Blueprint for Maryland’s Future, continues the response to COVID-19, funds the City’s Water4All billing discount program, ensures the provision of core services, and utilizes federal recovery funds for critical investments to make the City safer, healthier, cleaner, greener, and more equitable.
"Passing this budget is a huge win for Baltimore and will allow us to continue moving our city forward towards a better, more vibrant future," said Mayor Brandon M. Scott. "It contains essential investments towards implementing our Group Violence Reduction Strategy, City Schools, Rec and Parks, and modern, affordable housing units – all things that will help build a safer, better, more equitable Baltimore."
By law, the budget has to go through the City Council before being adopted for the new fiscal year. This afternoon, the budget passed through the City Council by a vote of 15-0 showing unanimous support for the Mayor’s spending plan.
With the support of the entire City Council, the newly adopted budget will go into effect on Friday, July 1, 2022.