Fiscal Year '24 Budget

The City of Frankfort operates on a fiscal year budget and planning for the FY 24 budget is underway. Since the COVID 19 pandemic in 2020, the loss of occupational tax dollars primarily from state government has significantly impacted the City's budget. American Rescue Program Act (ARPA) funds have been instrumental in closing the City's budget gap for the past two fiscal years, but the City is facing a budget shortfall in the FY 24 cycle.

The City of Frankfort's budget provides a number of services for the community including but not limited to public safety, street maintenance, stormwater projects, trash and recycling collection, code enforcement, land use planning, community development programs, and parks and recreation. The budget also includes capital projects. In the budget planning process, the City of Frankfort wants to hear from you, its residents, about priorities and goals for the future.

Please use this survey to give feedback on projects and services for the City. This survey kicks off a budget campaign where facts and information will be presented following this survey throughout the spring as the City goes through the budgeting process.

For background information (and some survey answers!), check out the City's budget website.

What is most important to you in the Frankfort community? (Select all that apply)

A safe community

73%

A clean community

58%

Strong Parks and Recreation system

56%

Outdoor activities (hiking, biking, water recreation activities)

54%

A growing local economy

51%

A growing downtown

46%

Community events

44%

Variety of restaurants

42%

Historic charm

38%

Other

Closed to responses | 71 Responses

The City of Frankfort's general fund budget is divided into the following categories. What percentage of the budget do you think is allocated toward each category? (Pick the percentage you think corresponds with that budget category)

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Below are general areas of city services. Please rank in order of importance to you, from most important to least important.

Closed to responses | 35 Responses

In light of the COVID-19 pandemic, the City may need to make significant budget cuts to services. Which three services would you choose to NOT make any cuts to?

Public Safety: Fire, EMS, 911 Dispatch, Law Enforcement

80%

Sanitation/Garbage service

71%

Street maintenance and repair

71%

Parks and Recreation

35%

Planning and Zoning, and Code Enforcement

14%

Special events

Closed to responses | 51 Responses

The City has several ways of collecting revenue. What percentage of budget revenues do you think comes from each revenue stream?

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What is your motivating factor in determining what a good investment project is for the City of Frankfort? Please rank in order of importance, from most important to you to least important to you.

Closed to responses | 29 Responses

The City is currently working on or considering the following significant capital projects. Please rank these projects according to your preference, from most important to you to least important to you.

Closed to responses | 32 Responses

For the list above, which projects would you be willing to incur debt for and/or employ new tax generating measures? Select all that apply.

Riverfront access and development

51%

New downtown fire station

45%

Parks Master Plan projects

39%

Exum Center Pool

31%

Broadway Bridge renovation

29%

Closed to responses | 49 Responses

If there was an opportunity for you to contribute to a foundation or other financial mechanism (sponsorships or fundraising) to help fund some of these projects, how likely would you be to contribute your own money?

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What creative ideas do you have for funding some of these projects, outside of the City budget?

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Fiscal Year '24 Budget

Fiscal Year '24 Budget

Question title

What is most important to you in the Frankfort community? (Select all that apply)

Question title

The City of Frankfort's general fund budget is divided into the following categories. What percentage of the budget do you think is allocated toward each category? (Pick the percentage you think corresponds with that budget category)

Question title

Below are general areas of city services. Please rank in order of importance to you, from most important to least important.

Question title

In light of the COVID-19 pandemic, the City may need to make significant budget cuts to services. Which three services would you choose to NOT make any cuts to?

Question title

The City has several ways of collecting revenue. What percentage of budget revenues do you think comes from each revenue stream?

Question title

What is your motivating factor in determining what a good investment project is for the City of Frankfort? Please rank in order of importance, from most important to you to least important to you.

Question title

The City is currently working on or considering the following significant capital projects. Please rank these projects according to your preference, from most important to you to least important to you.

Question title

For the list above, which projects would you be willing to incur debt for and/or employ new tax generating measures? Select all that apply.

Question title

If there was an opportunity for you to contribute to a foundation or other financial mechanism (sponsorships or fundraising) to help fund some of these projects, how likely would you be to contribute your own money?

Question title

What creative ideas do you have for funding some of these projects, outside of the City budget?