Budget, Finance & Economic Development (BFED) Committee

Summary

Meeting Overview

The Lexington-Fayette Urban County Government committee meeting was held on March 18, 2025, and was presided over by Chair Brown. The meeting covered three agenda items, all of which were informational in nature: Park Sustainable Funding, United for ALICE, and Facilities and Fleet Maintenance Planning. No public comments were heard during the meeting. A total of one vote was taken, and all three agenda items were presented as informational briefings rather than action items requiring formal decisions.

Attendance

The following members were present at the March 18, 2025 Committee meeting:

• Chair Brown
• Vice Mayor Wu
• Council Member Savigny
• Council Member Gray
• Council Member Sheehan
• Council Member Lynch
• Council Member Morton
• Council Member Curtis
• Council Member Baxter

Absent: Council Member Reynolds

No members were recorded as late.

Votes and Decisions

The committee took one formal vote during the March 18, 2025 meeting.

• Procedural Motion – Agenda Reordering 1:08:35: Vice Mayor Wu moved to switch the places of two agenda items. The motion was seconded and passed by voice vote. No individual roll call tallies were recorded for this procedural matter.

Park Sustainable Funding

36:54

Director Conrad delivered a presentation on the park fund policy during this agenda item. The presentation served as an informational overview covering several core components of the policy framework.

Key topics addressed in the presentation included:

• Purpose of the park fund policy
• Principles guiding the fund's operation
• Capital expenditures and how they are managed under the policy
• Governance structures overseeing the fund
• Program oversight mechanisms
• Community engagement processes
• Project prioritization criteria and approaches

The item was informational in nature, with Director Conrad leading the discussion. No vote or formal action was taken as a result of this presentation.

*Note: The available data for this agenda item is limited to the high-level summary above. Additional detail on specific figures, debate points, or concerns raised during the discussion is not available in the source materials.*

United for ALICE

1:09:11

Timothy Johnson and Kieran Garioso delivered a presentation on the ALICE movement — an acronym standing for Asset Limited, Income Constrained, Employed. The presentation was informational in nature, providing the committee with an overview of the ALICE framework and its relevance to understanding financial hardship within the community.

The presenters explained how ALICE data can be used to inform policy decisions and guide strategic investments, particularly for households that fall above the federal poverty line but still struggle to afford basic necessities. The ALICE designation captures working individuals and families who are employed yet remain financially constrained — a population that may not always be visible in traditional poverty metrics.

The discussion centered on how this data-driven approach can help policymakers identify gaps in financial stability and target resources more effectively. No votes or formal actions were taken as a result of the presentation; the item served as an educational briefing for committee members.

Facilities and Fleet Maintenance Planning

1:32:11

Commissioner Ford delivered a presentation on the department's approach to facilities and fleet maintenance planning. The presentation covered the management of 44 structures and a fleet of approximately 2,000 vehicles, outlining the processes used to plan and prioritize maintenance needs across both areas.

The presentation addressed capital improvement planning, including an overview of recent projects undertaken as part of that process. No additional details regarding specific projects, cost figures, or timelines were provided in the available record.

The item was informational in nature, with no votes or formal actions taken as a result of the presentation.