Henderson, NV – Henderson City Council adopted the City’s fiscal year 2023-2024 budget during a public hearing at the City Council meeting on Tuesday, May 16.
Approved within the budget is the City’s $366.6-million General Fund that supports the City’s strategic priorities: community safety, a healthy, livable, and sustainable city, economic vitality, high-performing public service, and quality education.
As one of the City’s highest strategic priorities and top concern for Henderson residents, public safety is receiving more than half the City’s General Fund at 58.6 percent allocation. The fiscal year 2023-2024 budget also includes funding for the following areas:
- 23 new positions in the Henderson Police Department
- 34 new positions in the Henderson Fire Department
- The development and construction of a new fire station in West Henderson
- Fire station renovations
- Construction of the Henderson Police Department Forensic Laboratory
Other funding areas for the 2023-2024 fiscal year include mental health services, housing assistance, water conservation efforts, 22 additional City staff positions and more. The new budget also promotes fiscal sustainability by fully funding the City’s financial stabilization reserves, also known as a rainy-day fund.
“Fiscal responsibility is a cornerstone of our strategic planning as we fulfill our vision of being America’s premier community,” said Henderson City Manager and CEO Richard Derrick. “We strive to be thoughtful stewards of the City’s budget, allowing us to grow and enhance our award-winning amenities and services for our residents and businesses.”
The City of Henderson continues to achieve the highest bond ratings of any city in the state while maintaining one of Nevada’s lowest city property tax rates at just .77 cents of the $100 assessed value.
The fiscal year 2023-2024 budget encompasses 24 governmental-type funds and 11 proprietary funds with estimated expenditures of $911,764,230.
To learn more about the City of Henderson’s budget, visit cityofhenderson.com.