Recently, Moody’s Investor Services upgraded the City of Asheville’s general obligation bonded debt credit rating from Aa1 to Aaa [sic], the highest rating they award. Standard & Poor’s, upgraded the City’s general obligation bonds from AA+ to AAA in August 2015. This second upgrade places Asheville with some of the most financially well-managed cities in the [...]
Asheville residents see modest fee changes with new fiscal year, July 1 Fourteen cents per month. That’s how much most residents will pay in an increase for their stormwater services starting July 1. The City of Asheville’s fiscal year began July 1 and with it come some modest fee increases. Residents can find a list of all City [...]
City budgets provide a roadmap to the delivery of local public services. Each year, the City of Asheville evaluates its programs and looks for ways to improve core services and make new investments. The $121 million General Fund Budget approved by City Council June 13 delivers these investments in improved quality of life [...]
Municipal budgets can be tricky to follow. There are different types of costs — personnel, operations and capital. And there are many different types of revenues that help pay for those costs — property taxes, sales taxes, grants and fees to name a few. To make government budgets even harder to decipher, programs and departments [...]
The City of Asheville Budget Division is pleased to announce that the City of Asheville has received the Distinguished Budget Presentation Award for the current budget from the Government Finance Officers Association (GFOA). This award is the highest form of recognition in governmental budgeting. In order to receive the budget award, the City had to satisfy [...]
July 1 will bring some fee increases to residents Plan now for a few upticks in City fees that will go into effect July 1. In the 2016-2017 budget, which goes before City Council for approval at its June 14 meeting, are a 1.5 percent water rate increase for residential and small commercial customers and a 3.5 percent [...]
The Certificate of Achievement for Excellence in Financial Reporting has been awarded to the City of Asheville by the Government Finance Officers Association of the United States and Canada (GFOA). The award is given for the City’s Annual Comprehensive Financial Report. The Certificate of Achievement is the highest form of recognition in the [...]
The City of Asheville buys a lot of items to run the city, everything from office supplies to stormwater pipe and much in between. It sells surplus items too, items ranging from decommissioned police cruisers to backhoe tires. This keeps Purchasing Division Manager Amy Patterson and her staff busy. Since 1987, the City’s Purchasing Division has [...]
The City of Asheville will be able to borrow money at a better rate than most other cities, due largely to a stable financial outlook and a growing, well-diversified economy coupled with strong financial management and reserves. Standard & Poor’s, which provides credit ratings and other financial analysis, recently upgraded the City’s general obligation bonds from [...]
You can boil down the City of Asheville’s proposed 2015-2016 Annual Operating Budget a number of ways. With an interactive tool by DemocracyApps in collaboration with Code for Asheville you can sort through the City’s proposed expenditures and expenses in an easy-to-understand format. For the second year, the volunteer group Code for Asheville partnered with the [...]
In 2011, the City of Asheville began a project to replace all streetlights with LED lighting, saving money and energy and helping achieve Asheville City Council’s goals for reducing Asheville’s municipal footprint. The Office of Sustainability has announced that the next phase of streetlight replacement is underway, focusing on major traffic corridors in the [...]
Two City of Asheville parking garages will been seen in a different light thanks to the City of Asheville’s participation in a newly implemented energy efficiency program with Duke Energy Progress. Utilizing the Duke Energy Progress Small Business Energy Saver Program, the city will replace lights inside the Wall Street and Rankin Avenue parking garages with [...]