Today, April 24, 2020, Mayor Indya Kincannon proposed her first budget for the City of Knoxville. While this budget comes amidst unprecedented times, the Mayor emphasized that the City will maintain services and quickly assured residents there are no plans for a tax increase to make up for revenue lost because of the COVID-19 pandemic.

Mayor Kincannon said, “The City of Knoxville is fortunate to be on firm financial footing, despite the very real impacts of COVID-19 and the reduced sales tax revenues that we project over the coming months. Years of responsible stewardship of taxpayer dollars affords us the ability to weather the economic implications of this storm without furloughing staff, cutting services, or deferring maintenance of critical infrastructure.”

The Mayor went on to explain how the proposed budget, though austere, continues to reflect the core values of her administration and of the Knoxville community: 

• Public Safety
• Healthy and Connected Neighborhoods
• A Clean and Resilient Future 
• Thriving Businesses and Jobs. 

Read Full News Release
Proposed Annual Operating Budget [PDF]
Mayor Kincannon's Speech
Poem by Marilyn Kallet

 
BUDGET INFORMATION

Mayor's 2020 State of the City Address
Proposed Annual Operating Budget [PDF]
Adopted Annual Operating Budget [PDF]
2020-2021 Budget Info
Six Month Financial Report [PDF]
Financial Update Presentation [PDF] 
Investing in Our City, Investing in People [PDF] 
Budget Archive (Budgets from years 2001-current)


BUDGET CALENDAR

February 14, 2020 - City of Knoxville Budget Retreat and Six Month Financial Report released
February - April, 2020 - Departments Submit Budget Requests, Base Numbers Calculated, and Capital Budget Prepared
March 24-26 2020 - Mayor's Budget Hearings 
April 24, 2020 - Mayor's State of the City Address
May 5, 2020 - First Reading of Budget & Tax Ordinances
May 7, 2020 - Planning Commission Hearing on Capital Improvement Program
May 14-15, 2020 - City Council Budget Hearings & Public Hearing
May 19, 2020 - Second Reading of Budget & Tax Ordinances
June 15, 2020 - Last Possible Day to Approve Budget / Tax Ordinances
July 1, 2020 - New Fiscal Year Begins