Finance Chair Schmitt Thanks Colleagues, Applauds County Staff for Work on 2020 Budget
"We had to make tough choices again this year but we should all be proud that we produced a balanced budget while maintaining services."
MILWAUKEE – Supervisor James “Luigi” Schmitt, Chair of the Committee on Finance and Audit, thanked his fellow supervisors today for their efforts to produce a balanced 2020 Milwaukee County Budget and applauded the work of county staff who helped assemble the budget and manage the process of amending and setting it.
“I want thank my colleagues on the Board of Supervisors, especially the members of the Finance and Audit Committee, for their focus and commitment in setting the 2020 Milwaukee County budget. Each year we are forced to do more with less, and this year was no different. We had to make tough choices again this year but we should all be proud that we produced a balanced budget while maintaining services. I also want to recognize and thank all the county staff who worked on the budget over many months and those who assisted the Finance Committee as we went through the process of amending and finalizing the budget,” said Schmitt.
The Milwaukee County Board of Supervisors set (14-4) the 2020 Milwaukee County budget today after adopting several amendments to the County Executive’s budget proposal.
As Chair of the Finance and Audit Committee, Supervisor Schmitt worked closely with the Abele Administration and the Comptroller Scott Manske‘s office throughout the year to prepare for the budget setting process and led several weeks of meetings in October and November to listen to departmental budget requests and consider amendments from supervisors.
The 2020 Adopted Budget sets the 2020 Milwaukee County property tax levy at $301,109,336, which is $661,896 less than what the County Executive proposed. The 2020 property tax levy represents a 2.281% increase over the 2019 levy of $294,395,459.
Despite a structural deficit of $16 million for 2020 and a cumulative $278 million in budget cuts over the past 8 years, the 2020 Adopted Budget maintains discipline in borrowing and does not exceed the self-imposed bonding limit of a 3% annual increase, established in 2003.
NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. It has not been verified for its accuracy or completeness.
Mentioned in This Press Release
Recent Press Releases by Sup. James 'Luigi' Schmitt
Supervisor James “Luigi” Schmitt Will Not Run for Re-election in 2020
Nov 25th, 2019 by Sup. James 'Luigi' Schmitt"It has been a privilege to serve the residents of District 6 for the past 21 years."
Supervisor Schmitt Denounces Abele’s Power Grab in Madison
Feb 2nd, 2018 by Sup. James 'Luigi' Schmitt"We've seen this kind of legislation before, and each time the result was more power for County Executive Chris Abele"
