The Lexington-Fayette Urban County Council voted unanimously Thursday to approve a $378 million spending plan that includes funding for affordable housing, $2.5 million for small business relief and more than $12 million in cuts across city government.
It includes no layoffs or furloughs for the city’s more than 3,000 employees. It also does not include any tax hikes.
Lexington Mayor Linda Gorton proposed a lean $372 million general fund budget for the fiscal year that begins July 1. The city is projecting a more than $40 million revenue shortfall over the next 12 months due to coronavirus-related business shutdowns and job losses.
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