Government
FY25 City Budget Includes New Police Program, Funds for High School Project & to Meet Climate Goals
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Watertown’s Budget Stable Now, May Not be in Future Years
Watertown City Hall
The City of Watertown’s financial situation looks good for Fiscal Year 2025, which starts July 1, 2024, but the City may face some challenging budgets in the following years, City Manager George told the City Council on Tuesday night. The budget includes funding some ongoing efforts, such as the Watertown Square Area Plan, the Watertown High School project. It also includes funding to implement the City’s Energy and Sustainability Plan, to start the human rights commission, and add new programs, including at the Watertown Police Department. On April 30, Proakis presented his FY25 budget, which will be $203.975 million, which is a 1.96 percent increase from the revised FY24 budget (the current year). The majority of the budget comes from local property taxes, which funds 81 percent, or $165 million in FY25.