The overall budget is about a 4.5 percent increase from the current one, but officials said the additional revenues came from natural growth.
In addition, the budget includes a $212.5 million general fund - which covers most of the city's day-to-day operations - that is an almost 3 percent from the current budget.
The plan will cover the upcoming fiscal year, which begins July 1.
Rogero, during her presentation at Zoo Knoxville, emphasized the momentum and economic development occurring across the city – and also the need to ensure that all residents share in the growing prosperity.
“Stronger, safer neighborhoods are more than quality police and fire protection and more than bricks and mortar,” Rogero said, speaking to a crowd of hundredse. “Strengthening the social fabric and ensuring success for families and youth are even more essential.”
The streetscape project for a four-block section of Magnolia Avenue from Jessamine to Bertrand streets represents the largest new capital investment in the budget, at $4.39 million.
The project was first proposed in the Magnolia Avenue Corridor Plan adopted by City Council in 2009, and has been in various stages of public input and design for the past two years. The eventual plan is to redesign all of Magnolia Avenue from downtown to Burlington, to make it more attractive and safer for local residents drivers, pedestrians, cyclists and transit riders.
Rogero also reiterated her commitment of a $250,000 capital grant to The Change Center, a new recreation and jobs center for young people on Harriet Tubman Street that was announced April 20.
She also proposed an additional $50,000 for the City’s Save Our Sons initiative to reduce violence and increase opportunities for young men and boys of color, doubling its programming capacity.
Further, she included another annual commitment of $250,000 for the Great Schools Partnership to support Community Schools in center city neighborhoods.
Among other highlights of the proposed budget:
- $2.7 million for sidewalks and crosswalks across the city, including $750,000 for sidewalks within school Parental Responsibility Zones and another $750,000 for new sidewalk construction;
- $1.3 million for an advanced traffic management system (ATMS), which will allow networked, responsive timing of traffic signals to enhance traffic flow and reduce congestion and pollution;
- A combined $1.25 million in grants to local arts, culture, community and social service nonprofit organizations;
- $1 million for development of greenway corridors;
- $5.8 million for the City’s annual street paving program, plus $3 million for phase 2 of the Pleasant Ridge Road project, $1.5 million for Kingston Pike improvements and $1.12 million for improvements at Merchants Drive and Clinton Highway;
- $726,500 for economic development efforts through Innovation Valley, the Knoxville Chamber, the Knoxville Entrepreneur Center and the Visit Knoxville Film Office;
- $731,000 for homelessness efforts, in staff positions, case management contracts and grants;
- $500,000 for the Historic Preservation Fund, to help fill financing gaps for renovation or restoration of historic properties;
- $300,000 for public art, including $50,000 to support Dogwood Arts’ “Art in Public Places” program;
- $200,000 toward a program for pre-arrest diversion of individuals with mental health and substance abuse issues.